{"id":1004223798,"date":"2018-04-25T10:13:10","date_gmt":"2018-04-25T18:13:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004223798"},"modified":"2022-12-07T11:45:36","modified_gmt":"2022-12-07T19:45:36","slug":"steam-realty-development-lands-11m-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/steam-realty-development-lands-11m-financing\/","title":{"rendered":"Steam Realty Development Lands $11M Financing"},"content":{"rendered":"<p>By Jeff Hamann<\/p>\n<div id=\"attachment_1004223810\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Rendering-of-Graham-Logistics-Center-in-Fairburn-Ga..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004223810\" data-attachment-id=\"1004223810\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/steam-realty-development-lands-11m-financing\/rendering-of-graham-logistics-center-in-fairburn-ga\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Rendering-of-Graham-Logistics-Center-in-Fairburn-Ga..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Rendering of Graham Logistics Center in Fairburn, Ga.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Rendering of Graham Logistics Center in Fairburn, Ga.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Rendering-of-Graham-Logistics-Center-in-Fairburn-Ga..jpg?w=800\" class=\"wp-image-1004223810 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Rendering-of-Graham-Logistics-Center-in-Fairburn-Ga..jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Rendering-of-Graham-Logistics-Center-in-Fairburn-Ga..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Rendering-of-Graham-Logistics-Center-in-Fairburn-Ga..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Rendering-of-Graham-Logistics-Center-in-Fairburn-Ga..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004223810\" class=\"wp-caption-text\">Rendering of Graham Logistics Center in Fairburn, Ga.<\/p><\/div>\n<p>Stream Realty Partners has taken an $11 million, non-recourse construction mortgage from Brand Bank to build Graham Logistics Center, a 281,025-square-foot Class A <a href=\"https:\/\/www.commercialsearch.com\/news\/core5-industrial-partners-signs-atlantas-largest-lease-of-2018\/\">industrial property near Atlanta<\/a>. HFF secured the four-year, floating-rate financing package on behalf of the owner. The developer estimates the speculative building will be delivered 11 months after construction begins.<\/p>\n<p>Located at 7375 Graham Road in Fairburn, the development site sits just under 20 miles from central Atlanta and 10 miles from the city\u2019s Hartsfield-Jackson International Airport, accessible via Interstate 85, which runs alongside the parcel. A number of industrial assets operate in the immediate area, home to tenants including XPO Logistics, DHL and Exel. The building will feature 32-foot clear heights, rear loading doors and office space for each of the property&#8217;s four divisible suites.<\/p>\n<p><em>\u201cGraham Logistics Center is a unique development with the ability to accommodate up to four individual tenants,\u201d<\/em> said William Stark, managing director at Stream, in a prepared statement. <em>\u201cOur project will be able to exceed market standards by developing excess acreage into additional trailer storage, container storage or personnel parking. This will be one of the only highly amenitized new buildings available to mid-sized industrial users.\u201d<\/em><\/p>\n<p><em>Image courtesy of HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm plans to build a nearly 300,000-square-foot Class A speculative industrial property approximately 20 miles southwest of central Atlanta.<\/p>\n","protected":false},"author":861,"featured_media":1004223810,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21782,21825,21748,21742],"tags":[32792,33358],"class_list":["post-1004223798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-development","category-finance","category-industrial","category-latest","tag-hff","tag-stream-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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