Transwestern Development Company has plans to build a 950,000-square-foot industrial park in Cartersville, it said this week.
Named Cartersville Logistics Park, the project will rise in phases on a 128-acre property that includes 934 Peeples Valley Road.
TDC says it expects the first phase, a 252,000-square-foot warehouse, to be completed by the end of this year.
“With low vacancy in the industrial market, we hope to continue identifying development opportunities to satisfy pent-up demand for modern logistics space and produce superior results for our investors,” Steve Kros, Southeast Regional Partner in TDC’s National Logistics Group, said in a statement.
The industrial development will total four buildings featuring 36-foot clear heights and 185-foot truck court depths, among other qualities.
The park will be within one-and-a-half miles of access to Interstate 75.
It marks TDC’s second development in the Atlanta area, following the company’s recently finished Battle Creek Logistics Center, a 352,000-square-foot project in Jonesboro, GA. In all, the company, which is part of the Transwestern group of real estate companies, says it has 40 industrial projects totaling 20 million square feet in various stages nationwide.
Leasing will be led by JLL, which also assembled the project site’s properties and sourced joint venture equity for TDC’s plan.
“Increasing demand, limited availability within the current inventory, and physical barriers to entry all contribute to the opportunity for Transwestern to develop a best-in-class product within this high-growth submarket,” JLL Managing Director Gregg Shapiro said in a statement.
“The location offers access and visibility along I-75, which is desired by logistics users serving not only the metro Atlanta area but points southward, including the Port of Savannah, and northward, including Nashville and beyond.”
