March 20, 2018
Ackerman & Co. to Develop 1 MSF Rockdale Technology Center in Conyers, Ga.
April construction launch scheduled for three distribution buildings totaling 470,000 square feet.
ATLANTA, March 20, 2018 – Ackerman & Co. announced today that it will develop three Class A industrial buildings totaling 470,000 square feet as part of a new project – Rockdale Technology Center – in Conyers, Ga., 28 miles east of downtown Atlanta. The distribution facilities will offer build-to-suit opportunities and flexible space options ranging from 10,000 square feet to 185,000 square feet. Construction is slated to begin this April, with completion expected in 1Q 2019.
“We’re thrilled that Ackerman & Co. is developing this project in Rockdale County and bringing jobs to our community. We strive to create a business-friendly environment to attract just this type of economic development,” said Marty Jones, executive director of the Conyers-Rockdale Economic Development Council. “We look forward to working hand-in-hand with Ackerman in all phases of this project.”
Located at 2430 Dogwood Drive, the 92-acre Rockdale Technology Center is less than one mile from a full-diamond I-20 interchange at Salem Road and is adjacent to a CSX Transportation rail line. The site provides distributors convenient access to the entire metro Atlanta area, the Southeast and the Port of Savannah.
A planned 550,000 square-foot cross-dock facility will round out the development for a total of 1 million square feet of industrial space.
Ackerman & Co. Senior Vice President Brett Buckner and Chris Miller, newly hired senior vice president, will team up to lease the Class A space, which will feature 30-foot clear heights, 6-inch concrete slab flooring, white TPO roofing and high-efficiency LED lighting.
“This new Class A development will meet the strong demand for distribution and manufacturing space in the I-20 East industrial submarket, which currently has one of the lowest vacancy rates in the Atlanta industrial market at 2.2%,” said Kris Miller, president of Ackerman & Co.
Added Brett Buckner: “The site’s strategic location offers distributors direct access to a freight rail line adjacent to the property as well as high-visibility frontage along heavily traveled I-20.”
The Rockdale County site allows companies to take advantage of a variety of local and state business incentives. The Opportunity Zone designation qualifies tenants for tax credits of $3,500 per employee, and Rockdale County offers a 100% Freeport Inventory Tax Exemption for qualifying businesses.
Big-box corporate tenants in the Rockdale/Conyers area include Baxter International, 21st Century Fox, Pratt Industries, Golden State Foods and Solo Cup Company.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 35 million square feet of office, medical, industrial, retail and mixed-use space, has 8 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com