Childress Klein Plans Construction on New Space in Forsyth
CHARLOTTE, N.C. – Childress Klein, one of the Southeast’s largest commercial real estate firms, has announced it will begin construction on a 94,000 SF warehouse space, Meadows VIII located at the Meadows Business Park in Forsyth County, Georgia. The project is currently under design and site preparation with planned completion in March 2016.
This project will be substantially identical in style and design to Meadows IX, a 102,720 SF, 24 foot clear, office/warehouse building with 100% rear loading, also currently under construction in the Meadows Business Park. The exterior footings are being poured and Childress Klein plans to complete construction on the building in December 2015.
Meadows VIII and Meadows IX are located east of GA 400 off McFarland Parkway. The spaces offer extensive natural landscaping and a well-lit parking area 15 minutes north of the Perimeter. The North Central/GA 400 industrial submarket of Atlanta has not seen any speculative buildings delivered for almost 8 years. This absence of production and the popularity of the area has caused a shortage of any meaningful blocks of space in the neighborhood. There are no contiguous spaces of any size being offered directly from Landlords. Currently, tenants seeking 30,000 SF or more have very limited options.
“These are the type buildings that were tremendously popular during the last cycle. AT&T, NCR, Select Sport, MDSi, Ingenico, JBT Food Technologies and the Canadian Standards Association are currently occupying buildings just like these”, said John Decker, who is directing the development for Childress Klein.
“There is a genuine shortage of space around here and we are meeting lots of pent up demand in our leasing efforts.”
About Childress Klein
Childress Klein is a full service real estate company operating in the southeastern United States since 1978. The partners of Childress Klein have been responsible for the development, leasing and management of more than 42 million square feet of office, industrial, retail, multifamily, and self storage properties throughout Virginia, Tennessee, North and South Carolina, Georgia and Florida. The Company’s primary offices are located in Charlotte and Atlanta.
As one of the largest real estate firms in the Southeast, Childress Klein is experienced in the development, management and leasing of a wide variety of product types. The Company’s office developments include suburban office parks, 1 million+ square foot high-rise office towers, and corporate campuses. Industrial experience ranges from small flex buildings to multi-million square foot distribution parks. Retail properties include community centers, large-scale lifestyle centers and mixed-use developments. Childress Klein serves residential markets with products including luxury garden and high-rise apartments as well as multi-level self-storage facilities.
With a team of nearly 300 professionals, a portfolio exceeding 30 million square feet and real estate assets valued in excess of $1 billion, Childress Klein has the expertise and resources to undertake any project. For more information, please visit www.childressklein.com.
