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Atlanta & Southeast  + Atlanta Metro  + Industrial  |  January 11, 2023
Stonemont Financial Group has closed on an infill 113-acre site in Locust Grove, GA with plans to develop a 903,200-square-foot, Class A industrial park.
Lisa McDuffie
By: Lisa McDuffie

Stonemont Financial Group Closes on 113-Acre Site in Locust Grove for 900K-SF Industrial Development

Atlanta, GA-based Stonemont Financial Group has closed on an infill 113-acre site in Locust Grove, GA with plans to develop a 903,200-square-foot, Class A industrial park. The development on Highway 42 will break ground in Q1 2023, with an expected completion of Q1 2024.

Stonemont Park 75 South will include three rear-load speculative warehouses ranging in sizes from 124,800 square feet to 538,720 square feet. The buildings will be designed to fit modern standards within bulk distribution, offering shallow bay specifications with clear heights varying from 32 feet to 40 feet, 316 trailer parking stalls and 612 car parking stalls.

Stonemont Financial Group, a private real estate investment firm specializing in industrial development, acquisitions and net lease investments, states the project will be built with the goal of filling a void in the submarket for Class A product that offers flexibility in leasing size.

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Inside The Story

Stonemont Financial Group's Neal Moskowitz

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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