Ridgeline Property Group Builds 714.5-KSF Industrial Property in McDonough
- Dec 15, 2014
Ridgeline Property Group has recently announced to develop an industrial speculative building in McDonough, encompassing 714,560 square feet. Clarion Partners will be RPG’s capital partner for the project.
RPG, a privately held commercial development and investment firm, has developed in excess of 100 million square feet of industrial and office space throughout the US since its inception. The company’s Henry County portfolio already embraces around 5 million square feet of investment grade industrial buildings, most of them in the I-75 South corridor. These include the 1.5 MSF distribution center for The Whirlpool Corporation, a similar 900,640 square-foot facility used by Georgia-Pacific and Kumho Tire’s 412,000 square-foot building.
The 53-acre site of McDonough Commerce Center, how the new facility will be called, is located on Avalon Parkway a quarter-mile from Exit 216 and less than 1.5 miles from Exit 218, with frontage along I-75. It is zoned M-1 Industrial and it is DRI entitled with all utilities connected. The cross-dock building will include 116 dock doors, four drive-in doors and 160 trailer parking spaces that can later be expanded to 240. The class A construction will also offer 36-foot clear heights, 56-foot-wide bay spacing, all concrete truck courts, ESFR fire suppression and 431 car parking spaces.
Ben Logue and Price Weaver of Colliers International’s Atlanta office have been selected to market the property once it is finished. The project is scheduled to be delivered in late-summer 2015.
Photo credits: Ridgeline Property Group