Oakmont, Carlyle Go Spec Again

With a little help from The Carlyle Group, Oakmont Industrial Group is the latest to go spec in Atlanta's industrial landscape. The firm purchased 35 acres just half a mile from I-285 in South Fulton Industrial in Union City for a new park called Oakmont/85 South. In turn, the developer plans a 370k SF spec cross-dock warehouse project that will deliver by this fall. This is the second Oakmont/Carlyle spec project in Atlanta this past year. In September, Oakmont broke ground on Skyline/20 West, a 605k SF spec facility off I-20. JLL's Steve Grable, Chris Tomasulo and Stephen Bridges will lease the newest project.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Logistics Company Buys Land For 1.2M SF Phoenix Industrial Park

DHS Buys 3 More Detention Facilities From The Geo Group For $950M

RN3 Enters Dutch Logistics Market With DHL Sale-Leaseback Deal

Renewals Dominate In Years-Low Office Leasing Quarter

Amazon, LA Olympics Organizer Take Over 39-Acre Site Formerly Home To Forever 21

Delin Secures €227M Loan To Refinance Dutch Logistics Fund

Structural Design Decisions Can Box Owners In. The Right Partner Can Help Them Make More Informed Decisions

South Fulton Mayor Embraces Data Centers After End Of Moratorium

Fort Worth Offers Incentives To Land Nearly $200M Harting Connectivity Plant

Law Firm Occupies Shorenstein's 14th & Spring Tower: The Atlanta Deal Sheet

Morgan Stanley Fund Buys 189K SF Milpitas Industrial Building

Jamestown Investment Fund Seeks To Sell Southern Dairies