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Trammell Crow and CBRE Japan Join Forces for New Industrial Park
A notable collaboration in the real estate development sector has emerged as Trammell Crow Company partners with a consortium led by CBRE Japan to initiate the construction of the Buford Creek Business Center in Buford, Georgia. This significant project will encompass three state-of-the-art industrial buildings totaling a substantial 686,400 square feet.
Project Specs: What to Expect in Buford
The development will feature:
- Building 100: A massive 349,440-square-foot cross-dock warehouse designed with a high 40-foot clear height and ample parking, including space for 64 trailers.
- Buildings 200 and 300: Each building offers 168,400 square feet with a 36-foot clear height, catering to diverse industrial needs.
This project is on track for completion in the third quarter of 2026 and is strategically located at the junction of Lanier Islands Parkway and Big Creek Road, with accessibility to major highways and proximity to Atlanta International Airport.
Atlanta’s Booming Industrial Market
The Atlanta industrial market remains vibrant. Recent data shows that industrial development in the region has doubled year-over-year, boasting about 9.5 million square feet of industrial space currently under construction. The average sale price in Atlanta hit $143.38 per square foot, highlighting the increasing demand for industrial real estate.
Implications for Investors and Businesses
As the demand continues to rise, investors and companies looking for opportunities in industrial real estate should closely monitor developments like the Buford Creek Business Center. These projects not only provide much-needed space but also signify the economic growth potential in the Atlanta metro area.
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