Core5 Industrial Partners Announces BTS for Empire Distributors in West Atlanta
ATLANTA, May 2, 2018 – Atlanta-based Core5 Industrial Partners announced today a 601,350 square-foot build-to-suit for Empire Distributors, Inc. a wholesale beverage distributor that serves three states in the Southeast (GA, TN and NC) and represents over 1,000 brands from around the world. The building resides at 685 Hartman Road in Austell, Georgia. The facility is an expansion for Empire, moving from approximately 300,000 square feet in Atlanta Industrial Park in Fulton County to the new building in Southwest Cobb County. Empire’s corporate headquarters and its regional distribution operations will be housed in the facility which will feature over 80,000 square feet of two-story office space alongside dedicated cooler and distribution space. The entire building will be climate controlled to maintain the high quality of inventory stored. Empire will employ a workforce of over 440 people with anticipated growth to over 510 employees within ten years. The facility plans to be fully operational by the fourth quarter of 2018. Anticipated investment in building and equipment is over $52 million.
The Empire facility is the first build-to-suit deal for three-year-old Core5 Industrial Properties. The site was a three-parcel property, totally 70 acres, upon which Core5 initially planned to build a speculative distribution facility. However, prior to closing on the site and beginning speculative construction, they pitched the site to Empire Distributors for a build-to-suit. The driving factor for Empire was its proximity to Atlanta’s population base; the multiple access points, including Thornton Road, Riverside Parkway and Fulton Industrial Boulevard; and, proximity to Empire’s existing facility, which enhanced employee retention and the ability to custom design the building to Empire’s specifications.
The design team for the building is Randall Paulson Architects and Southeast Engineering, Inc. The site work contractor is Plateau Excavating, and the general contractor is KBDG, Inc. “This is a terrific project for Core5 and for KBD Group who has partnered with Core5 to build the facility”, states Lisa Ward, Senior Vice President and Managing Director for Core5.
Representing Core5 on the land assemblage was Bilijack Bell of Wilson, Hull & Neal Real Estate. Blaine Kelley of CBRE represented Empire Distributors on the acquisition of the facility.
About Core5 Industrial Partners
Core5 Industrial Partners is an industrial real estate property company with expertise in development and acquisition of Class-A industrial properties throughout the United States. Headquartered in Atlanta, Georgia and named for its five core business principles, the company has current development pipeline of over 5 million square feet of Class-A industrial facilities in Atlanta, Chicago, Dallas, Los Angeles/Inland Empire, Memphis, Pennsylvania and South Florida, Core5 has developed over 10 million square feet since its inception in just under three years. Expansion plans include additional key logistic hubs throughout the US. For more information on Core5 Industrial Partners, visit www.c5ip.com.
About Empire Distributors
Empire Distributors is a wholesale beverage distributor that serves Georgia, North Carolina and Tennessee in the Southeast and represents over 1,000 brands from around the world. For more information, visit www.empiredist.com