NEWS

NEWS

Year: 2020

Core5 Industrial Partners Announces 973,218-Square-Foot Building in Northwest Atlanta

Great Valley Commerce Center Set to Immediately Break Ground on 87-Acre Site in Bartow County located in the Northwest industrial submarket of Metro Atlanta, Georgia ATLANTA, December 2, 2020 – Atlanta-based Core5 Industrial Partners has closed on an 89-acre, fully entitled industrial site at Exit 296 in the Northwest industrial submarket. Core5 will immediately break ground on the development of Great Valley Commerce Center, a 973,218-square-foot state-of-the-art cross dock facility. Delivery of the building is scheduled for the fourth quarter 2021.
The configuration of the Great Valley Commerce Center site offers outstanding flexibility making the development ideal for either e-commerce or distribution users. The proposed building will feature 40-foot clear ceiling height and can accommodate trailer parking for over 220 trailers with 500 auto parking spaces. The site is in pro-business Bartow County, one of the strongest labor markets in Georgia with a population of more than 1 million people within a 45-minute drive.
“With great access to I-75 and less than 50 miles to the Appalachian Regional Port (Inland Port) which provides direct rail service to the Port of Savannah, Great Valley Commerce Center is ideal for local, regional and national distribution. The property provides outstanding access with easy proximity to Metro Atlanta’s population base. This will be an ideal facility for e-commerce fulfillment,” states Lisa Ward, Senior Vice President and Managing Director for Core5.
“We continue to see significant demand from large-scale users in the metro area and we feel the I-75/Northwest corridor will prove to be an excellent location for tenants/occupiers looking for access to a superior labor pool,” continues Ward.
"We are appreciative that Core5 Industrial Partners has chosen to invest in our community," said Bartow County Sole Commissioner Steve Taylor.  "With Bartow's strong business climate, talented workforce, and location advantages, we are confident that Core5's Great Valley Commerce Center will be in high demand."
About Core5 Industrial Partners
Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Chicago, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Memphis, Nashville, Pennsylvania and South New Jersey with expansion plans to additional key logistic hubs in the US. Founded in 2015, the company has developed or begun construction on 26 million square feet since inception.
Immediate access to capital, coupled with the ability to financially support deals on their balance sheet without utilizing third party resources on most transactions, Core5 executes quickly without layers of bureaucratic, time-consuming processes. The company is privately held by 170-year-old Japanese-based Kajima Corp – one of the world’s largest A credit-rated construction companies with whom C5 leadership has sustained a 30+ year working relationship.
Named for its five core principles, the company values are centered around a highly flexible entrepreneurial spirit promising follow through on commitments with an emphasis on relationships, excellence in quality, attention to detail and quick decision making. For more information on Core5 Industrial Partners, visit www.c5ip.com.
Contact: Lisa Ward Core5 Industrial Partners 404-262-5430 lward@c5ip.com

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Core5 Industrial Partners announces 772,000-square-foot building in Elsmere, KY available Q3 2021

ELSMERE, KY — September 30, 2020 – Core5 Industrial Partners has closed on a 65-acre industrial site at Exit 180 in the Airport submarket of Kentucky. Core5 will immediately break ground on the development of C5 75/71 Northern KY Logistics Center, a 772,000-square-foot state-of-the-art logistics facility. Delivery of the building is scheduled for Q3 2021. The 772,000-square-foot cross-dock building, divisible to +/- 300,000 square feet, will feature 40-foot clear ceiling height and can accommodate trailer parking for up to 248 trailers and 330 auto parking spaces. The site is strategically located 2.5 miles from I-75/71 (exit 180), offering superior access to Cincinnati’s CVG International Airport, DHL’s Super Cargo Hub, and the future home of Amazon Prime Air. A 2-day drive reaches nearly 90% of the U.S. population. C5 75/71 Northern KY Logistics Center also benefits from an immediate strong labor market, exceptional transportation infrastructure, and a 30-year pilot tax abatement. “Core5 is bringing best-in-class ideas to the C5 75/71 Northern KY Logistics Center project,” states Doug Armbruster, Senior Vice President for Core5. “It will be a real game changer for the market. The access is exceptional. Coupled with 40’ clear height, low real estate taxes and strong labor pool, it’s an unbeatable location for users who need access to the interstate and the UPS cargo facilities,” added Armbruster. CBRE will represent Core5’s leasing efforts for the building. 
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