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Holder Properties, Tamarack Investments secure debt and equity for industrial project in Georgia
Transactions - MAY 7, 2025

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Holder Properties, Tamarack Investments secure debt and equity for industrial project in Georgia

by Denise Moose

Holder Properties and Tamarack Investments have secured $46 million in construction financing and $25 million in joint venture equity to develop Coal Mountain Industrial Park, a 608,642-square-foot, class A industrial project in Forsyth County, Ga.

JLL worked on behalf of the developers to secure a construction loan through Pinnacle Financial Partners and to place the joint venture equity with Hartford Investment Management Company (HIMCO).

Scheduled to deliver in phases starting in second quarter 2026, Coal Mountain Industrial Park will comprise three state-of-the-art, rear-load distribution centers spanning 146,400, 250,150 and 212,500 square feet. The buildings will feature 32- to 36-foot clear heights, 60-foot dock bay depths, TPO roofing and concrete tilt-wall construction.

Coal Mountain Industrial Park is located in the North Fulton/Forsyth County submarket of Atlanta. Located at 4005 Settingdown Road, in Cumming, Ga., the property offers immediate access

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