Ackerman & Co. Purchases 65-Acre Site to Develop Braselton Crossroads
Site at prime logistics location directly off I-85 in Braselton GA will accommodate four Class A distribution facilities; initial construction to include buildings of 150,000 SF and 160,000 SF.
ATLANTA, GA, February 10, 2021 /24-7PressRelease/ -- Ackerman & Co. has purchased 65 acres from Fountainhead Development LLC at 1099 Highway 124 in Braselton, Ga., a prime logistics site directly off I-85 where it will develop Braselton Crossroads, a Class A business park with four distribution buildings totaling 510,000 square feet.
Construction on the first two facilities - 160,000 SF Building 200 and 150,000 SF Building 300 - is scheduled to start in the second quarter of this year and completion is expected in 1Q 2022. The project will also accommodate build-to-suit opportunities of free-standing facilities starting at 150,000 square feet.
Ackerman & Co. Senior Vice President Brett Buckner and Vice President Chris Miller will team up to lease the Class A space.
"The logistical advantages of this site really stand out. Our site is less than half a mile from I-85, giving distributors the best Interstate access in the Braselton area," said Kris Miller, President of Ackerman & Co. "Braselton has attracted many big-box distribution operations in recent years because of the proximity to I-85 and the ability to connect to major Southeast distribution markets, as well as key metro Atlanta population centers."
Situated on a site offering outstanding visibility from I-85, the shallow-bay, rear-load Buildings 200 and 300 will feature 32-foot clear heights, six-inch concrete floors, white TPO roofing, abundant auto parking, and truck loading bays.
"We're excited about the opportunity to lease this Class A space. The efficient distribution design of the buildings combined with the strategic location so close to I-85 will be attractive to a wide range of users, including logistics, retail, e-commerce, high-tech, medical, manufacturing and more," said Brett Buckner.
Ackerman & Co. has experience developing and acquiring major distribution centers in the I-85/Braselton corridor. The firm developed the 1,000,821-square-foot Braselton Logistics Center in 2017 with The Yates Group and JAC Real Estate, pre-leasing the entire facility to Uline. Ackerman & Co. also purchased the 440,165-quare-foot Braselton 85 Distribution Center with Artemis Real Estate Partners in 2013.
Major distribution facilities near Braselton Crossroads include Petco Distribution Center, Williams Sonoma, Havertys Furniture, Amazon, Mizuno, Kichler Lighting, Whole Foods Market and Hitachi Koki USA.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 37 million square feet of office, medical, industrial, retail and mixed-use space, has 4.5 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com
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