{"id":1004691268,"date":"2023-11-20T11:09:27","date_gmt":"2023-11-20T19:09:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004691268"},"modified":"2023-11-28T09:51:33","modified_gmt":"2023-11-28T17:51:33","slug":"andersen-corp-starts-construction-on-420m-manufacturing-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/","title":{"rendered":"Andersen Starts Construction on $420M Manufacturing Facility"},"content":{"rendered":"
\"Groundbreaking<\/a>

Groundbreaking ceremony for Andersen Corp.\u2019s manufacturing facility in Locust Grove, Ga. Image courtesy of Andersen Corp.<\/em><\/p><\/div>\n

Door and window manufacturer Andersen Corp<\/strong>. has begun construction on a new $420 million, 638,000-square-foot manufacturing and distribution facility in Locust Grove, Ga., for its Renewal by Andersen division.<\/p>\n

Construction is expected to be completed in late 2024, with operations beginning in 2025. Clayco <\/strong>is the project\u2019s general contractor.<\/p>\n

Locust Grove is in Henry County and about 35 miles south-southeast of Atlanta along Interstate 75. In a prepared statement, Locust Grove Mayor Robert Price referenced the value of a planned I-75 interchange roughly 3 miles north of Locust Grove.<\/p>\n

\n

READ ALSO<\/strong>: Are Suburban Office-to-Industrial Conversions Feasible?<\/a><\/p>\n

\n

The project is being built at The Cubes at Locust Grove and will be Renewal by Andersen\u2019s first manufacturing facility in Georgia, joining an Andersen Logistics distribution center in Douglasville, Ga.<\/p>\n

\"Rendering<\/a>

Rendering of Andersen Corp.\u2019s manufacturing facility in Locust Grove, Ga. Image courtesy of Andersen Corp.<\/em><\/p><\/div>\n

Andersen Corp. is one of North America\u2019s largest window and door manufacturers and along with its subsidiaries operates more than 20 manufacturing and distribution facilities. Renewal by Andersen is Andersen Corp.\u2019s full-service window replacement division, which manufactures, sells and installs replacement windows across North America.<\/p>\n

Calming market<\/h2>\n

In June, NVH Korea signed a lease<\/a> for a 234,000-square-foot building at Scannell Properties<\/strong>\u2019 Gardner Logistics Park in Locust Grove. The company is headquartered in Ulsan, South Korea, and manufactures a diverse range of automotive components, including battery parts for Hyundai <\/strong>and Kia <\/strong>electric vehicles; parts for controlling automotive noise, vibration and heat; and floor mats, cargo mats and cargo trays.<\/p>\n

The metro Atlanta industrial space market is seeing demand moderating from pandemic peaks, with leasing and net absorption both declining substantially year-over-year, according to a third-quarter report from CBRE<\/strong>.<\/p>\n

\"Rendering<\/a>

Rendering of Andersen Corp.\u2019s manufacturing facility in Locust Grove, Ga. Image courtesy of Andersen Corp.<\/em><\/p><\/div>\n

Another factor is a record-setting 12.7 million square feet of deliveries in the third quarter, essentially all of it speculative. Not surprisingly, average vacancy rose to 5.8 percent, the highest level in almost three years.<\/p>\n

The Southeast I-75 submarket has seen nearly 4.3 million square feet of net absorption year-to-date, on an inventory of 71.5 million square feet, resulting in a 5.0 percent total vacancy. Space under construction totals 5.2 million square feet, CBRE reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

Operations at the Atlanta-area development are scheduled to begin in 2025. <\/p>\n","protected":false},"author":882,"featured_media":1004691286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21782,21748,21742,32781],"tags":[32789,32869],"class_list":["post-1004691268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-development","category-industrial","category-latest","category-southeast","tag-cbre","tag-clayco"],"acf":[],"yoast_head":"\nAndersen Starts Construction on $420M Manufacturing Facility - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Door and window manufacturer Andersen Corp. has broken ground on a $420 million manufacturing and distribution facility in Locust Grove, Ga.\" \/>\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\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Andersen Starts Construction on $420M Manufacturing Facility\" \/>\n<meta property=\"og:description\" content=\"Door and window manufacturer Andersen Corp. has broken ground on a $420 million manufacturing and distribution facility in Locust Grove, Ga.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/\" \/>\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=\"2023-11-20T19:09:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-28T17:51:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/Andersen_Speakers.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"802\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\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\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/\",\"name\":\"Andersen Starts Construction on $420M Manufacturing Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/Andersen_Speakers.jpg\",\"datePublished\":\"2023-11-20T19:09:27+00:00\",\"dateModified\":\"2023-11-28T17:51:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"Door and window manufacturer Andersen Corp. has broken ground on a $420 million manufacturing and distribution facility in Locust Grove, Ga.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/andersen-corp-starts-construction-on-420m-manufacturing-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/Andersen_Speakers.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/Andersen_Speakers.jpg\",\"width\":802,\"height\":600,\"caption\":\"Groundbreaking ceremony for Andersen Corp.\u2019s manufacturing facility in Locust Grove, Ga. 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