{"id":1004223699,"date":"2018-04-25T02:02:16","date_gmt":"2018-04-25T10:02:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004223699"},"modified":"2022-12-09T01:30:20","modified_gmt":"2022-12-09T09:30:20","slug":"core5-industrial-partners-signs-atlantas-largest-lease-of-2018","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/core5-industrial-partners-signs-atlantas-largest-lease-of-2018\/","title":{"rendered":"Core5 Industrial Partners Signs Atlanta\u2019s Largest Lease of 2018"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

\"Southwest<\/a>

Southwest 85 Logistics Center in Newnan, Ga.<\/p><\/div>\n

Saddle Creek Logistics Services has signed a 1.2-million-square-foot lease at Southwest 85 Logistics Center, a soon-to-be-delivered industrial property in Newnan, Ga., with the building\u2019s owner, Core5 Industrial Partners.<\/p>\n

A provider of supply chain solutions for retailers, manufacturers and e-commerce companies, the lessee will use the building to offer distribution services on behalf of a top home improvement retailer for its locations across the Southeast.<\/p>\n

Ladson Montgomery, a principal of Newmark Phoenix Realty Group, represented the tenant in the deal, along with Dave Watson,\u00a0a senior managing director with Newmark Knight Frank. The lease represents the largest in the Atlanta area for 2018.<\/p>\n

Located at 590 Coweta Industrial Parkway, the property is situated on 109 acres at Exit 51 in the I-85\/Southwest Atlanta submarket.<\/p>\n

\u201cLocated less than two minutes from Exit 51 on I-85, the property provides outstanding access and interstate frontage visibility coupled with easy proximity to Metro Atlanta\u2019s population base<\/em>,\u201d Lisa Ward, Core5\u2019s senior vice president & managing director, said in a prepared statement. \u201cWe have found the responsive, pro-business environment of Coweta County coupled with the strong, targeted labor pool offered in the surrounding area to be a tremendous advantage for Core5 and ultimately our customer, Saddle Creek.\u201d<\/em><\/p>\n

The Southwest 85 Logistics Center is close by Atlanta\u2019s Hartsfield-Jackson International Airport and the CXS Intermodal terminal, and is ideally situated for both domestic and international business trades requiring local, regional and national distribution.<\/p>\n

Top Amenities Included<\/strong><\/h2>\n

The building boasts 40-foot clear ceiling heights and can accommodate trailer parking for more than 590 trailers with well over 200 auto parking spaces.<\/p>\n

\u201cCore5\u2019s nimble ability to deliver the building quickly in turn allows us to ramp up quickly for our client,\u201d <\/em>Robert Pericht, Saddle Creek Logistics Services\u2019 senior vice president, said. \u201cOur client\u2019s direct-to-consumer deliveries, coupled with transfers to retail stores throughout Atlanta and the Southeast, will significantly benefit from the interstate ease of access to the site.\u201d<\/em><\/p>\n

Core5 Industrial Partners\u2019 current development activity totals more than 4.9 million square feet in Atlanta, Chicago, Cincinnati, Dallas, Los Angeles\/Inland Empire, Memphis, Pennsylvania and South Florida. The company has also developed more than 10 million square feet since its inception three years ago.<\/p>\n

Last September, Core5 Industrial Partners finished construction on a 781,440-square-foot industrial facility in Austell<\/a>, Ga., which was sold to WPT Capital Advisors in December for\u00a0 $28.7 million. Earlier in 2017,\u00a0Core5 Industrial Partners acquired 173 acres of\u00a0fully entitled land\u00a0in DeSoto County<\/a>, Miss.<\/p>\n

Image courtesy of Core5 Industrial Partners<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Saddle Creek Logistics Services has taken all 1.2 million square feet of the company\u2019s Southwest 85 Logistics Center in the Newnan submarket.<\/p>\n","protected":false},"author":451,"featured_media":1004223702,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21784,21743,21782,21808,21748,21742],"tags":[33787,32914,36007],"class_list":["post-1004223699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-brokerage","category-deals","category-development","category-featured","category-industrial","category-latest","tag-core5-industrial","tag-e-commerce","tag-newmark-knight-frank"],"acf":[],"yoast_head":"\nCore5 Industrial Partners Signs Atlanta\u2019s Largest Lease of 2018 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/core5-industrial-partners-signs-atlantas-largest-lease-of-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Core5 Industrial Partners Signs Atlanta\u2019s Largest Lease of 2018\" \/>\n<meta property=\"og:description\" content=\"Saddle Creek Logistics Services has taken all 1.2 million square feet of the company\u2019s Southwest 85 Logistics Center in the Newnan submarket.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/core5-industrial-partners-signs-atlantas-largest-lease-of-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-25T10:02:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:30:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Southwest-85-Logistics-Center-in-Newnan-Ga..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/core5-industrial-partners-signs-atlantas-largest-lease-of-2018\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/core5-industrial-partners-signs-atlantas-largest-lease-of-2018\/\",\"name\":\"Core5 Industrial Partners Signs Atlanta\u2019s Largest Lease of 2018 - 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