Hillwood, a Perot company, announced today the construction of Clayton Commerce Center in Ellenwood, Ga., offering a state-of-the-art distribution center in a prominent Atlanta submarket. Totaling 797,580 square feet, the property is less than a mile from the Interstate 675 and Anvil Block Road interchange.
“Clayton Commerce Center is Hillwood’s first spec development in this market. After opening our Atlanta location last year, we have had great success in executing strategic acquisitions, including Gwinnett 316, and we are now beginning to expand further into this growing market,” said Todd Parker, Hillwood’s senior vice president and Southeast market leader. “Atlanta’s industrial activity is booming with new supply being met by consistent demand. We remain bullish on the region as we move through 2017.”
Clayton Commerce Center is four miles from Interstate 285, offering tenants convenient access to the Hartsfield Jackson International Airport as well as the FedEx Ground and FedEx SmartPost Hubs. Clayton County, the only county in Metro Atlanta to be designated Tier 1 by the Georgia Department of Community Affairs, will offer potential tenants job tax credits and property tax reductions, which could represent substantial tax savings.
“We are confident that the location of this property, coupled with competitive incentives offered by Clayton County, will be an attractive combination for tenants,” Parker said.
The building’s features will include 36’ clear height, an ESFR sprinkler system and cross-dock configuration. It will offer 231 trailer storage spaces (expandable) and 442 for auto parking spaces.
Targeted completion for this development is December 2017. Reliant Real Estate Partners is the leasing agent.
Hillwood, a Perot company, is an entrepreneurial real estate developer, investor and advisor of industrial properties focused on customer solutions, innovative investment opportunities and creating value and lasting contributions for its stakeholders. Serving 24 markets in North America and Europe, Hillwood is actively involved in development, acquisitions, construction, leasing, property management and fund/asset management of high quality, well located, flexible and functional industrial properties. Moreover, the company is also a capital provider to other development companies through a partnership and other venture arrangements. For additional information, visit www.hillwood.com.