River Park 6

450 Logistics Parkway, Jackson, GA, 30233, US

描述

Jones Lang LaSalle America, Inc. (“JLL”) has been exclusively retained to represent ownership in the disposition of River Park 6 (the “Property”) – a premier Class A distribution facility encompassing 724,687 square feet within Atlanta’s coveted I-75 South submarket. This institutional-quality asset occupies a strategic position with immediate access to Interstate 75, one of Atlanta’s principal logistics arteries, providing seamless connectivity to the Atlanta MSA, the Port of Savannah, and key Florida markets. The Property is currently 46% leased to Travelpro with 7 years of remaining term.

Located just 40 minutes south of Atlanta’s urban core, River Park 6 benefits from its position in the I-75 South submarket – one of Atlanta’s most dynamic industrial corridors in 2025. Recent development activity in the submarket has been notably restrained, with just 1.5 MSF completed this year—representing less than 2% of total inventory. Despite this limited supply, rental rates have surged dramatically, increasing 71% since 2021 and outpacing broader market growth by 200 basis points, with an average increase of 14.2% during this period. The submarket currently features only one building exceeding 700,000 SF under development since early 2024, underscoring the scarcity of largescale facilities, which comprise merely 15% of the submarket. This segment faces particularly constrained availability, as most recent completions have already been absorbed. Absorption dynamics remain robust, with 4.4 MSF absorbed year-to-date in 2024—a volume exceeding the previous two years combined—while average vacancy has maintained a healthy 6.54% since 2021.

River Park 6 represents a compelling investment thesis driven by its strategic location along the I-75 corridor, state-of-the-art specifications, and optimal positioning to leverage the substantial population and economic expansion occurring throughout Atlanta’s southern submarkets.

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属性

建筑净面积

67,326 平方米

占用率

46%

建成年份

2023

剩余租赁期

7 年剩余租期

媒体

投资亮点

STATE-OF-THE-ART, CLASS A++ CONSTRUCTION

Pre-cast concrete panel construction
Cross-dock configuration
123 dock-high doors
4 ramped drive-in doors
21 positions with 35k lb. mechanical levelers
40’ clear height
185’ truck courts (fully concrete)
45-mil TPO roof with 15-year warranty
600’ x 1142’ building dimensions
56’ x 50’ column spacing (60’ speed bays)
ESFR fire protection
LED warehouse lights
Ample auto and trailer parking
154 trailer spaces
Expandable to 238
315 auto spaces

FINANCIAL HIGHLIGHTS

46% leased with 7 years of term remaining
4.00% annual escalations
NNN lease with limited landlord responsibilities
Travelpro
Transformed travel with its 1987 “Rollaboard” invention, growing from a garage concept to the preferred luggage brand for 90+ global airlines
Maintains market leadership through three decades of durability-focused innovation
Operates sophisticated global networks across 5 continents and is used by crews in over 90 airlines worldwide

STRATEGIC LOCATION

Direct access to I-75
87,700 vehicles per day – 32M per year
Access to high quality, growing labor force via Atlanta and Macon MSA’s
Labor force of ~250,000 within 30-minute drive has increased nearly 50% since 2010
Proximity to Atlanta’s major thoroughfares
<1 mile to I-75
23 miles to I-675
34 miles to I-285
38 miles to I-85
Located in Atlanta’s best submarket for Southeast connectivity
Access to the Port of Savannah (~220 miles)
Connectivity to dense population centers of the Florida markets
Jackson functions as the critical intermediary hub connecting Atlanta’s massive distribution infrastructure to the Port of Savannah, the nation’s fourth-largest container port
Facilitates same-day port turnaround operations enabling delivery of inbound cargo and collection of outbound shipments
Total population of 3.5M people within a 60-minute drive from the Property, with a daytime population of 1.9M workers
Industrial zoning has been halted North of the location
Multiple points of ingress/egress with full site circulation
I-75 Commercial Vehicle Lanes (CVL) Project
The I-75 CVL project will add 77 new lane miles from Macon to McDonough, projected to reduce traffic delay on I-75 by 40% by 2030
The barrier-separated commercial vehicle-only lanes will enhance freight mobility between the Port of Savannah and Florida while decreasing maintenance costs on general purpose lanes, providing quantifiable economic benefits to freight and logistics carriers throughout the Southeast region

THE SOUTH I-75 SUBMARKET

1.5 MSF completed this year, less than 2% of the total inventory
Rents have increased 71% since 2021, outpacing overall market rent growth by 200 bps
14.2% increase on average since 2021
1 building over 700k SF under development since the start of 2024
Limited available space in this size segment with most recent completions already absorbed
4.4 MSF absorbed from 2024 to date, outperforming the previous 2 years combined
Average vacancy of 6.5% since 2021
Atlanta’s leading submarket for demand volumes in 2024
42.9% of total annual absorption - 6.1 MSF
Up 172.5% YoY – the second-largest recorded volume

LOCATED IN RIVER PARK E-COMMERCE CENTER

Largest mixed use development in metro Atlanta and the Southeast
At completion (est. 2030) it will be a $2.07B+ premier business park, creating over 10k jobs and encompassing approximately 21 MSF of industrial and commercial space
16 Industrial and commercial building sites
+/-2,000 total AC – +/-1,750 AC industrial & +/-250 AC commercial
Expected completion date of 2027 for the industrial portion & 2030 for the commercial portion
Entrance to park is a ¼ mile from I-75 - served by a full diamond interchange
Drive time to Atlanta is similar to McDonough’s drive time due to the park’s quick access to I-75
Other tenants include: Procter & Gamble, Amazon, GreenBox, Yusen Logistics, and Quanex
$13 billion Amazon investment
Largest investment in Georgia by a factor of 2x
Roughly 85% of the Park’s SF is currently occupied or under contract