- Monday, April 20, 2015
- Atlanta, GA
USAA Real Estate Company and Seefried Properties acquire Jackson County land with potential to develop Largest Industrial Building in Metro Atlanta
ATLANTA (April 20, 2015) - USAA Real Estate Company and Seefried Industrial Properties recently purchased a 183-acre site in Jackson County for industrial development with close proximity to I-85. The venture will aggressively pursue build-to-suits for distribution, fulfillment, and manufacturing prospects from 500,000 up to 1,800,000 sf.
The project - Valentine 85 Logistics Center - is centrally located off of I-85 between two major interchanges at GA Highway 82 and Georgia 11 which offers direct access to the park. Valentine 85 is a fully entitled site with established infrastructure, signalized ingress/egress and flexible building configurations.
"This site is in the center of Jackson County's robust industrial distribution market," said Greg Herren, chief operating officer of Seefried Properties. "Valentine 85 will offer terrific flexibility for distribution and fulfillment prospects with the land available to accommodate growth, expansion, outside storage, and heavy auto parking."
Together, USAA Real Estate Company and Seefried have developed over 15 million square feet of distribution buildings for many Fortune 500 companies. Lange Allen, USAA's National Director of Development recognizes the need for speed and flexibility in accommodating the requirements of distribution users, "In this market, capital requirements for tenant directed infrastructure often dictate that buildings provide the highest quality, state of the art features with the shortest possible delivery times. Valentine 85 will be able to provide ultimate flexibility for tenant driven specifications."
Learn more and tour the property at www.valentine85.com.
About Seefried Industrial Properties
Seefried Industrial Properties was founded in 1984 by Ferdinand Seefried. Seefried focuses on industrial development in core markets and build-to-suits with corporate tenants and users in first and second-tier markets. It leases and manages approximately 25 million square feet for its institutional and European clients. Seefried's development, construction, leasing, property management and accounting teams firmly believe that client relationships are solidly built on trust and further developed by each individual experience. Seefried is headquartered in Atlanta, with regional offices in Dallas/Fort Worth, Chicago and Phoenix.
About USAA Real Estate Company
USAA Real Estate Company, with approximately $12 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, multi-family, retail and hotel properties as well as investments in real estate operating companies. USAA Real Estate Company is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.