Lincoln Property Company Southeast (Lincoln) announced it has acquired land to build two new industrial developments in Kennesaw, Georgia and Calhoun, Georgia. The projects total over 800,000 square feet of industrial product, and the development in Calhoun will break ground this year. Lincoln’s Turner Fortin and Colin Beecham will oversee construction, marketing and leasing of the buildings.
In Calhoun, Lincoln will be developing a 400,000-square-foot industrial facility on Belwood Road just off of I-75. The building will sit an equal 50 miles to Chattanooga and 50 miles to I-285, providing proximal access to the closest major cities. Lincoln is constructing the building with tenant convenience in mind, offering amenities such as covered parking and an outdoor grill and lounge area. Construction will begin in Q3 and is expected to wrap up by Summer 2023.
Closer to Atlanta, Lincoln has also acquired a 175,000-square-foot building and additional land for redevelopment to accommodate up to 400,000 square feet of space sitting off of the intersection of Big Shanty Road and Town Point Drive in Kennesaw. Also located directly off of I-75, the property is less than a quarter mile from Kennesaw State University’s main campus and 12 miles from I-285.
“Industrial development has seen a huge boom in growth throughout the state in recent years, particularly in the Northwest region,” said Lincoln’s Fortin. “Both of these projects are conveniently located less than a mile from I-75 and within a short driving distance of Metro Atlanta, making them the perfect locations to reach other major transportation routes and an MSA of over six million people. We look forward to initiating a successful lease-up of both properties as users continue to seek premier industrial space in one of the most advantageous regions of Georgia.”
About Lincoln Property Company
Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, with over 8,550 employees and an international footprint that includes offices in 450 cities across the United States and two offices in Europe. Since its inception in 1965, Lincoln has developed over 239 million square feet of office, industrial, and retail projects as well as 216,000 apartment units. Stemming from its development and ownership background, Lincoln’s operating platform seamlessly integrates its various service lines, provides for consistent and measurable performance and utilizes cutting-edge technology over its 400+ million square feet of leased and managed assets. For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com
