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Florida logistics company leases entire new 1.2M-sf industrial project in Newnan, Ga.

A Lakeland, Fla.-based third-party logistics company has leased all of the 1.2-million-square-foot Southwest 85 Logistics Center in Newnan, Ga.

Saddle Creek Logistics Services signed a lease with the building's owner, Core5 Industrial Partners, according to a Commercial Property Executive article.

Saddle Creek Logistics, which provides supply chain services for retailers, manufacturers and e-commerce companies, plans to use Southwest 85 Logistics Center to provide distribution services for a top home improvement retailer's locations in the Southeast.

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PRESS RELEASES

Core5 Industrial Partners Sells Initial Metro Atlanta Development

873,800 SF Core5 Logistics Center at Shugart Farms Purchased by Private Investor ATLANTA, June 19, 2017 – Atlanta-based Core5 Industrial Partners announced today the recent sale of their initial development in Metro Atlanta, 873,800-square-foot Core5 Logistics Center at Shugart Farms, to a private institutional investor. The high cube logistic facility completed construction in early 2017 and is fully leased on a long-term basis to The Duracell Company, a wholly-owned subsidiary of Berkshire Hathaway. (more…)
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