News



INDUSTRIAL REAL ESTATE
November 7, 2005
Second phase starts at Braselton warehouse

Solution Property Group is expanding its Braselton Distribution Center
with a second building expected to be 1,670,080 square feet.

The group filed a Development of Regional Impact application in early
October to seek approval for the additional space.

The park sits on 400 acres and includes a recently finished
546,000-square-foot cross-dock distribution warehouse with 32-foot clear
ceilings. The building, with 150-foot-deep truck courts, is built to
meet the needs of any major distributors and is expandable to 916,000
square feet.

Solution Property, in partnership with developer Wayne Mason, expects to
build out the park with 12 buildings. The park is just off Interstate 85
between exits 126 and 129. Access to the site is at the intersection of
Georgia 124 and Braselton Industrial Boulevard.

Eben Hardie III and Mal Hill, both partners with Solution Property, are
marketing the park.

The team also is partnering with Mason to build and market NorthPort
Import Center in Savannah. The Chatham County park is 546 acres and
caters to users of the Port of Savannah. Pad sites range from 370,000
square feet to 1.1 million square feet. The park, which is less than six
miles from the Georgia Port Authority container gate, is expected to
include up to 4.5 million square feet when fully developed.

Buying, selling

Scott Plomgren and Peyton McWhirter, both with McWhirter Realty Corp.,
recently closed two industrial transactions -- one for a buyer and one
for a seller.

The team repped First Industrial Realty Trust in the acquisition of a
296,059-square-foot distribution building just off Fulton Industrial
Boulevard.

The building, at 5095 Phillip Lee Drive, is 68 percent leased to Constar
Plastics, which has a neighboring manufacturing facility. There's about
90,000 square feet of distribution space available for lease.

John Sims, Bucky Winfield and Ernie Baker at Richard Bowers & Co.
represented the seller, the Utah State Retirement Fund.

In a separate transaction, Plomgren and McWhirter represented Dixien LLC
in the sale of a 50,256-square-foot distribution building in the airport
submarket.

Dixien is an automotive supplier for BMW, Ford, Nissan and others. The
company relocated from the building at 143 Lake Mirror Road in Forest
Park to a new facility in Lake City, but continued to use the facility
for overflow.

U Freight America Inc. purchased the building and will convert it to
freight-forwarding space. U Freight was represented by Douglas Biggs at
Colliers Cauble & Co.

Ready for construction

SAGL Industrial Park in Covington is ready for industrial development.
Industrial Properties Group Inc. has been hired to market 21 acres for
sale in the Newton County park.

The site is surveyed into seven parcels ranging from 2.2 to 6.6 acres.
All tracts front Bob Williams Parkway and are about one mile from I-20.
All utilities are available to this property and zoning is M-2/Heavy
Industrial.

Gene Baldwin, regional sales director, located in IPG's Madison office,
is representing the seller.

Commerce park

The city of Commerce and Jackson County launched a partnership with John
W. Rooker and Associates Inc. in early October to build a 400-acre
industrial park.

Commerce 85 Business Park will be at Ga. 98 and I-85. Rail service from
Norfolk Southern will be available at many of the sites, which may range
from 10 to 150 acres or more.

The county and city hope the venture will build industry and jobs for
the area.

Commerce Mayor Charles Hardy Jr.; Scott Martin, chairman of the Jackson
County Industrial Development Authority; and Jack Rooker, CEO of Rooker
and Associates, all attended a ceremony to sign the public-private
agreement and launch the park.