River Point Industrial Park rendering in Emerson, GA
ATLANTA – Black Creek Group has acquired 53 acres of land in Emerson, Georgia and plans to develop a Class A industrial park with three buildings.
The 777,000 square meter park in the I-75 Northwest submarket of Atlanta is called River Point. The development will accommodate multiple tenants and will offer space between 40,000 and 400,000 square feet. Construction work on all three buildings is expected to begin in the fourth quarter of 2019.
This project marks the Black Creek Group's third industrial development in the Atlanta area. The company has expressed hope of capitalizing on the high demand and limited supply of industrial bases in the greater Atlanta area. The development will bring the company's regional industrial footprint to approximately 5.8 million square feet.
Black Creek Group is a Denver-based real estate investment manager and development company managing offerings in office, industrial, retail, and multi-family real estate. The company has purchased or built more than $ 19 billion in investments since its inception and currently has nine offices across North America with more than 300 employees.