CARTERSVILLE, GA – April 20, 2018 – NAI Brannen Goddard, a leading provider of commercial real estate services, recently facilitated the disposition and acquisition of 59 acres at Cassville White Road in Cartersville, Bartow County, Georgia. A 647,000 square foot build-to-suit distribution facility will be developed for buyer Loloi Inc., a designer and wholesaler of rugs and home furnishings. The new development is expected to deliver in 2019 and will bring nearly 200 jobs to the area.
NAI Brannen Goddard managing director Mike Chambers and director Jack Haden represented Panattoni Development Company in the transaction. NAI Brannen Goddard president Nathan Anderson, Mark Miller of NAI Robert Lynn, and John Gilbert of Gilbert Commercial represented Loloi Inc.
Headquartered in Dallas, Loloi currently has five U.S. showrooms located in Dallas, High Point, North Carolina, Las Vegas, New York and Atlanta. Loloi offers a comprehensive collection of rugs and home furnishings with collections from designers including ED by Ellen Degeneres, Justina Blakeney, and Magnolia Home by Joanna Gaines.