The Silverman Group Selects Cushman & Wakefield to Lease Phase III of Bright Star Logistics Center
The Silverman Group is scheduled to break ground in the fourth quarter on the second building at Bright Star Logistics Center, a master-planned industrial campus located in Douglasville, Georgia. Pat Murphy, James Phillpott, and Tara Healy of Cushman & Wakefield have been retained to lease the building on behalf of The Silverman Group.
Building two is a 330,000-square-foot speculative modern manufacturing/distribution building with a 36-foot clear ceiling height, cross dock configuration, and ample car parking and trailer storage. Completion is slated for summer 2018.
“We are excited to be building another modern, state-of-the-art facility in one of Georgia’s leading submarkets for industrial space,” said Blake Silverman, President of The Silverman Group.“Atlanta’s industrial market has been booming, and we believe this building will generate a strong amount of interest.”
Centrally located between two of the largest inland port facilities in the Southeast, Bright Star Logistics Center is expected to attract industrial users including manufacturing, warehouse/distribution, and third-party logistics companies.When complete, the park will feature two modern distribution buildings, one of which ispre-leasedand is currently under construction to Andersen Windows, which is the largest window and door manufacturer in North America.
“The state-of-the-art facility offers a fantastic opportunity in a market that’s filled with many household names,” Murphy said. “Bright Star Logistics Center is an exceptionally located property, and we know that The Silverman Group will execute it to the highest standards.”
Some notable companies in this market include M&M Mars (600,000 square feet), Shippers Warehouse (538,000 square feet), United Natural Foods (258,000 square feet), Victory Packaging (190,000 square feet), and Z Gallerie (225,000 square feet).Less than 20 miles outside of downtown Atlanta, the site is in close proximity to Interstate 20 with connections to Interstate 285, Interstate 75 and Interstate 85.
For more information, visit brightstarlc.com.
About The Silverman Group
The Silverman Group is a family owned and operated private equity and real estate development organization based in Short Hills, New Jersey. The firm owns and manages more than 10 million square feet of office, industrial, retail, and aviation properties. Additionally, the company has ownership in 2,500 multifamily units throughout the United States. Currently, the company has more than two-and-a-half million square feet of commercial space and 2,000 multifamily units currently under development in three states. For more information, visit www.silvermangroup.net.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.
