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.
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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.)
