{"id":1004709781,"date":"2024-04-10T05:51:52","date_gmt":"2024-04-10T13:51:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004709781"},"modified":"2024-04-10T22:02:07","modified_gmt":"2024-04-11T06:02:07","slug":"cushman-wakefield-to-lease-117-ksf-facility-near-atlanta","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-to-lease-117-ksf-facility-near-atlanta\/","title":{"rendered":"Cushman &amp; Wakefield to Lease 117 KSF Facility Near Atlanta"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-medium is-resized\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004709789\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-to-lease-117-ksf-facility-near-atlanta\/rendering-factory-shoals\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Rendering-Factory-Shoals-e1712746332553.jpg\" data-orig-size=\"5760,4326\" 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;0&quot;}\" data-image-title=\"Rendering Factory Shoals\" data-image-description=\"&lt;p&gt;Rendering of Factory Shoals Distribution Center&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Rendering of Factory Shoals Distribution Center. Image courtesy of CommercialEdge&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Rendering-Factory-Shoals-e1712746332553.jpg?w=1024\" height=\"169\" width=\"300\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Rendering-Factory-Shoals-e1712746332553.jpg?w=300\" alt=\"Rendering of Factory Shoals Distribution Center\" class=\"wp-image-1004709789\" style=\"width:400px\"\/><figcaption class=\"wp-element-caption\">Rendering of Factory Shoals Distribution Center, that will come online in late 2024. <em>Image courtesy of Cushman &amp; Wakefield<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Cushman &amp; Wakefield has been selected as exclusive leasing broker in charge of Factory Shoals Distribution Center, a 117,306-square-foot industrial development in Austell, Ga. The landlord is Alliance Industrial Co. and the project is scheduled to be delivered in 2024\u2019s third quarter. <\/p>\n\n\n\n<p>The owner acquired the 10.8-acre development site in August 2023, for $1.9 million, according to Cobb County public records. During the same period Hancock Whitney Bank originated a $10.9 million construction loan with a maturity date in 2026, according to the same source. Cushman &amp; Wakefield\u2019s team of Senior Associate Connor Larkin, Executive Director James Phillpott, and Director Helen Cauthen will market the property for lease.<\/p>\n\n\n\n<p>Factory Shoals Distribution Center will be at 7605 Factory Shoals S.W. and will consist of a rear-load industrial facility that will include 32-foot clear heights, ESFR sprinkler systems, two drive-in doors, 30 dock-high doors and a build-to-suit office component. Additional features include 103 vehicle parking spots, 44 trailer parking spots and a 2.6-acre industrial outdoor storage lot next to the facility, with an extra trailer parking space.<\/p>\n\n\n\n<p>The industrial project will provide easy access to Interstate 20 and will be 6 miles from Fulton County Airport, 13 miles from Atlanta, 15 miles from Marietta, Ga., and within 20 miles of Hartsfield-Jackson Atlanta International Airport.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-atlanta-s-pipeline-so-far\">Atlanta&#8217;s pipeline so far<\/h2>\n\n\n\n<p>As of February, Atlanta had 5.7 million square feet of industrial space under construction, a recent <a href=\"https:\/\/www.commercialsearch.com\/news\/ai-leads-to-data-center-boost-across-markets\/\">CommercialEdge report <\/a>shows. Across Southeastern metros, Atlanta was outpaced by Charlotte&#8217;s 13 million-square-foot pipeline, while Nashville&#8217;s figure stood at 3.2 million square feet.<\/p>\n\n\n\n<p>Recently, electric vehicle manufacturer <a href=\"https:\/\/www.commercialsearch.com\/news\/rivian-suspends-5b-plant-project-near-atlanta\/\">Rivian put on hold the construction of its $5 billion plant<\/a> in Stanton Springs, Ga., in a neffort to cut costs. The 16 million-square-foot manufacturing plant was planned to take shape on an 1,800-acre site 40 miles from Atlanta.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Factory Shoals Distribution Center is subject to a $10.9 million construction loan.<\/p>\n","protected":false},"author":2991,"featured_media":1004709789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21784,21782,21748,21742,32781],"tags":[34908,42548],"class_list":["post-1004709781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-brokerage","category-development","category-industrial","category-latest","category-southeast","tag-cushman-wakefeld","tag-kbc-advisors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cushman &amp; 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