Black Creek Group plans industrial park north of Atlanta

Black Creek Group, a Denver-based real estate investment manager and development firm, has acquired 53 acres in the I-75 Northwest submarket of Atlanta for the development of a three-building, class A industrial park.

The park will total 777,000 square feet and will be able to accommodate multiple tenants ranging from 40,000 square feet to 400,000 square feet. 

“We are very excited to add such a high-quality site to our development pipeline,” says Matt Breaux, Black Creek Group’s senior vice president for the Southeast Region. “Industrial fundamentals are strong across-the-board in the Greater Atlanta area, but the I-75 Northwest submarket has pent-up demand with very limited new supply.”

The vacancy rate in the submarket is 3.6 percent, compared to