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Atlanta & Southeast  + Industrial  | 

JV to Develop 215K-SF Industrial Facility in Newnan

Real estate investment management company CA Ventures has entered into a joint venture partnership to develop Coweta Business Center, a 215,000-square-foot, industrial facility in Newnan, GA.

The project will feature 32-foot clear heights, 200 parking spaces and up to 55 dock doors with full truck circulation around the building. The site’s I-85-adjacent location is less than one mile from the full diamond interchange at Exit 51, which is critical for distributors seeking last‐mile delivery service to metro Atlanta, as well as bulk distribution to the growing southeastern markets along the I‐85 corridor. Coweta Business Center is slated to be completed by December 2021.

Wes Budd and Chris Irby of NAI Brannen Goddard represented CA Ventures in the acquisition of the land and will also be leasing the project. Mark Sixour, Dennis Mitchell, Matt Wirth and Britton Burdett of JLL Capital Markets arranged the joint venture partnership with an undisclosed entity.

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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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