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First Industrial Brings Post Cereal To Fairburn After National Search

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Lisa Ward
Managing Director
CORE5 Industrial Partners

 
Corey Richardson
Corey Richardson
Regional Director
First Industrial Realty Trust

 
Nick Faber
Nick Faber
Market Officer
IDI Logistics

 
Scott Davis
Scott Davis
Partner
INCO Industrial Construction

 
Stephen Bridges
Moderator
Stephen Bridges
Managing Director
JLL
First Industrial Realty Trust Regional Director Corey Richardson speaks during Bisnow's Industrial & Logistics Summit.

A national industrial developer has snagged a huge industrial lease on the outskirts of Atlanta with Post Consumer Brands.

First Industrial Realty developed a 700K SF build-to-suit distribution center for the food-making giant, known for such brands as Hostess, Honey Bunches of Oats and Raisin Bran, Regional Director Corey Richardson said during Bisnow's Industrial & Logistics Summit in Atlanta last week.

The project is in Fairburn, a city 20 miles south of Downtown Atlanta.

Post — which eyed other states for the distribution project — is able to expand the warehouse project to 1.3M SF at some point in the future, Richardson said.

“Ultimately, the focus became speed-to-market [and] flexibility,” Richardson said.