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Atlanta & Southeast  + Industrial  |  February 10, 2020
David Cohen
By: David Cohen

JLL Secures Equity Partnership for Development of 1.5M-SF Newnan Distribution Center

JLL has arranged an equity partnership for the development of a build-to-suit Goodyear Distribution Center, a 1.5-million-square-foot warehouse and distribution center in the suburban Atlanta community of Newnan.

JLL worked on behalf of Prologis, to arrange the equity partnership with Stonemont Financial Group to fully fund and own the new facility for Goodyear. Situated on 147 acres at the intersection of Interstate 85 and Georgia Highway 16, the center is currently the largest build-to-suit industrial project under construction in the Atlanta metropolitan area. The facility will be constructed on a former golf course, and is slated to be completed in March 2021.

Britton Burdette, Matt Wirth, Pete Pittroff, Dennis Mitchell and Patrick Nally of JLL represented Prologis in the transaction.

For comments, questions or concerns, please contact David Cohen

Read More News Stories About: Prologis
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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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