Atlanta Office & Industrial Market: Q2 2021August 3, 2021
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NAI Brannen Goddard, a leading provider of commercial real estate services, recently assisted Dayton Street Partners, in the acquisition of 22.91 acres at Sigman Road and East Park Drive in Conyers, Georgia. The company has plans to develop DSP Conyers Distribution Center, a 212,232-square-foot industrial building, on the site.
Evans General Contractors is constructing the industrial building on behalf of Dayton Street Partners. The groundbreaking is scheduled for September 2021 and the building is expected to deliver in summer 2022. This will be the second project that the two have partnered on in the Atlanta metro in the last year. The first development was a 180,300 SF distribution/warehouse building immediately south of Hartsfield-Jackson Atlanta International Airport in Clayton County that is scheduled for completion in August 2021.
NAI Brannen Goddard Senior Vice President Matt Bentley and Vice President Collin Devaney represented the Buyer, Dayton Street Partners, LLC, in the acquisition of the 22.91 acres. Additionally, they are also marketing the speculative distribution center for lease.
Dayton Street Partners is a Chicago-based niche commercial real estate investment and development firm focused on the acquisition and development of high barrier to entry infill industrial and logistics properties.
DSP Conyers Distribution Center is slated to be a premier institutional-quality distribution building. The 212,232-square-foot rear-load facility will feature 32-foot clear ceiling heights, 42 docks, 2 ramped drive-in doors, 192 parking spots with expansion capability, 40 trailer parking stalls, and separate auto and truck access. “We are excited to build on our momentum in the Atlanta market and look forward to commencing construction of DSP Conyers Distribution Center. The Property features an excellent parking ratio, trailer storage and is being designed to functionally demise for up to four tenants. We are continuing to pursue additional development and acquisition opportunities in Atlanta,” said Joe Moriarty, Director of Acquisitions.
The facility is an ideal infill location for distribution/warehouse users in the Southeastern U.S. The site greatly benefits from its strong access to not only Hartsfield-Jackson Atlanta International Airport, but also Interstate 20, which gives area tenants entry to Atlanta’s dense population nodes as well as the fast-growing east coast ports of Savannah and Charleston.