Lincoln Property Company Southeast (Lincoln) and Crow Holdings Capital Real Estate have broken ground on Factory Shoals Distribution Center, a 251,466-square-foot speculative warehouse / distribution facility in Lithia Springs, Georgia.
Factory Shoals Distribution Center will be located in the I-20 West / Fulton Industrial submarket, one of Atlanta’s most active infill corridors. The state of the art warehouse and distribution center includes 32-foot clear heights and a 185-foot deep truck court with 40 spaces for excess trailer storage. It will also feature motion-sensor lighting, 2000 amp electrical service and ESFR sprinklers. The new building, at 840 Factory Shoals Road, will be highly visible and occupy the southwest corner at the intersection of Thornton Road and Factory Shoals Road with immediate access to I-20.
“Factory Shoals Distribution Center will offer a superior location in one of Atlanta’s top industrial corridors, providing one or multiple tenants with high visibility and easy access to Atlanta’s interstates, airport and intermodal facilities,” said Lincoln Vice President Denton Shamburger. “This location is ideal for e-commerce, warehouse and manufacturing users looking to satisfy their supply chain needs across the Southeast.”
Lincoln will handle the project’s leasing assignment upon completion, which is scheduled to deliver in the summer of 2019. This development represents Lincoln’s fourth building to begin construction since the beginning of 2017.
“E-commerce has heavily influenced the continued growth and strength of Atlanta’s industrial market. As the market continues to flourish, we believe there will be an outpouring demand for accessible infill locations,” Shamburger continued.
About Lincoln Property Company
Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, employing over 6,800 people in 32 states and 10 countries in Europe. Since its inception in 1965, Lincoln has developed over 250 million square feet of office, industrial, and retail projects as well as 209,000 apartment units. Stemming from its development and ownership background, Lincoln's operating platform seamlessly integrates its various service lines, provides for consistent and measurable performance and utilizes cutting-edge technology over its 350+ million square feet of managed assets. For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com.
About Crow Holdings Capital Real Estate
Crow Holdings Capital Real Estate (CHC-RE) is a real estate private equity investment manager with a 20-year track record. Led by a highly experienced team, CHC-RE’s series of eight flagship value-add funds has raised approximately $8 billion and is invested across property types in the United States’ top 25 markets. In addition, CHC-RE brings its value-add investment approach to specialized fund strategies including small retail and self-storage. CHC-RE is part of Crow Holdings, a nationally focused real estate investor, developer and owner with a global multi-asset investment platform. Headquartered at its historic Old Parkland campus in Dallas, the firm has 70 years of continuous operating history and longstanding industry relationships built on trust, integrity and partnership. For more information, please visit www.crowholdings.com.
