Development underway on 1.7 million square feet at Palmetto Logistics Park in Atlanta
May 10, 2019
Vertical construction is underway on the second building at the project, a 1,041,600-square-foot building that is slated for completion Q1 2020. In addition, preliminary site work has begun on building three, a 705,474-square-foot building that will be delivered in Q2 2020.
Ben Logue and Price Weaver of Colliers International represent the project.
CT Realty is engaged in a strategic expansion to meet the significant global demand from e-commerce and logistics companies for large-scale, Class A industrial buildings in nine Tier 1 markets in the U.S. CT recently announced the development of 882,000 square feet in Fort Worth, Texas, and is under construction on logistics centers in Northern California, Illinois, Indiana and New Jersey. The company has another 20 million square feet of industrial space in its development pipeline.
About CT
Since its establishment 25 years ago, CT Realty has completed over 300 transactions valued at more than $4.7 billion. CT is primarily focused on the investment of Class A industrial logistics developments throughout the U.S., having acquired 2,400 acres of industrial land since 2010 that will support 32 million square feet of logistics buildings upon completion. CT, with offices in Dallas and Newport Beach, Calif., has active developments in Northern and Southern California, Dallas/Ft. Worth, Atlanta, Illinois, Indianapolis and New Jersey, and continues to expand into new markets nationwide. www.ctrinvestors.com
