Trammell Crow Going Spec Again
Trammell Crow Co is going spec on an I-75 South bulk distribution hub. The company, along with Allstate and CBRE Global Investors, expects to break ground in Q2 on King Mill Distribution Park, a nearly 850k SF industrial building in Henry County. Trammell Crow's Mark Dishaw (on left with United Consulting's Jay Ashtiani) says the area is targeted by distributors as a gateway to the Port of Savannah and the Florida markets. “Given where we are in the real estate cycle and overall economic recovery, we believe building new industrial product in strong markets positions Allstate well to achieve attractive returns,” says Allstate's Edgar Alvarado. Last year, we reported that Trammell Crow went spec at Fairburn 85 Distribution Center.