US-based real estate company Hines has broken ground on Busch Logistics Park, a new 97-acre industrial project in Bartow County, Georgia of the US.
Located off I-75 and Cass White Road, the industrial project covering approximately 732,000ft2 of the area comprises two buildings.
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The company has planned to simultaneously develop the two industrial facilities, where the Building A spanning 523,541ft2 will feature cross-dock configuration and a 36-foot clear height.
Building B at the Busch Logistics Park will span 207,989ft2 and comprise rear load configuration and a 32-foot clear height.
The two industrial buildings are scheduled to be delivered in the third quarter of this year.
Hines said that the industrial project is located within Atlanta’s Northwest submarket, which has seen significant investment from large industrial users.
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By GlobalDataBusch Logistics Park is also situated within 96.5km from Hartsfield-Jackson Atlanta International Airport and near the new Inland Port in Chatsworth, Georgia.
The park also has access to a pool of more than 107,000 workers in the industrial labour force.
Hines Industrial Development and Acquisitions senior director Ryan Wood said: “Busch Logistics Park will answer the growing demand for state-of-the-art distribution and warehouse space in one of the area’s most rapidly growing markets.
“The combination of a state-of-the-art 524K SF cross-dock and a 208K SF rear-load building will allow us to serve tenants ranging from 75K SF to over 500K SF creating a unique offering to the market.”
Furthermore, the company has selected JLL managing director Bob Currie and executive vice president Reed Davis to market and lease the site.
Reed Davis said: “This highly sought-after industrial park is an excellent option for users looking to solidify their footprint in Atlanta’s booming Northwest corridor.
“Since the COVID-19 outbreak, we’ve seen increased demand for high-quality logistics solutions, and we’re already generating significant interest in Busch Logistics Park from prospective tenants.”
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A rendering of the new Busch Logistics Park in Bartow County, Georgia. (Credit: Hines.)
