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JLL Lands Debt, Equity for Atlanta-Area Warehouse Venture
Holder Properties and Tamarack Investments have joined forces on a 608,000 square foot industrial development in Forsyth County, Georgia. The duo obtained a $46 million construction loan and $25 million in joint venture equity for the development of Coal Mountain Industrial Park in Cumming.
JLL worked on behalf of the developers to secure the construction loan through Pinnacle Financial Partners and to place the joint venture equity with Hartford Investment Management Company. The JLL Capital Markets team was led by Bobby Norwood, Hamp Gibbs and Streeter Simmons.
Scheduled to deliver in phases starting in Q2 2026, Coal Mountain Industrial Park will consist of three distribution centers, each spanning 146,400, 250,150, and 212,500 square feet.
The property, at 4005 Settingdown Rd., offers immediate access to GA-400. Atlanta is less than an hour to the south.
- ◦Development
- ◦Financing
