All Press Releases for April 12, 2022

Inlight Real Estate Partners Announces 1.75 Million Square Foot Logistics Park In Commerce, GA

Strategically located on the busy I-85 corridor, the new Commerce Exchange is a modern logistics and warehouse space with variety of facility sizes to meet clients' needs.

At InLight, we focus on our partners and clients first, and we build our strategies with their success in mind. We win only when they win

    PONTE VEDRA BEACH, FL, April 12, 2022 /24-7PressRelease/ -- InLight Real Estate Partners is pleased to announce the acquisition and development of 148 acres in Commerce, GA for a modern distribution and logistics park. Construction will begin early 2022 with planned Phase 1 delivery in summer of 2023.

Commerce Exchange is strategically located with visibility and access to two exits on I-85, one less than one mile away. In addition, I-285 is 55 miles away and the Atlanta airport is located 77 miles from the facility. Over 80% of the US consumers are reachable within a two-day drive.

"Commerce Exchange sits prominently between two major exits on I-85 in Jackson County, Georgia, at the heart of the largest industrial real estate submarket in the southeast. The park can cater to distribution requirements from 75,000 to 1,600,000 square feet and offers immediate access to the SK Innovation electric car battery manufacturing plant, located across the street," said Matt DiLeo, Principal of the InLight Real Estate Partners Atlanta office.

The logistics park features two site plan options with two to three buildings offering up to 1,750,000 SF of available space. Highlights include, clear heights of 36'- 40', column spacing of 54' x 50' (60' speed bays), ESFR fire protection system, outdoor storage capabilities and visibility from I-85. Phase 1 will deliver a 156,000 square foot rear-load building with 34 loading doors, two spec office pods at opposite ends of the facility and additional trailer parking spaces. All other specs will be built to suit.

Commerce Exchange sits in a Less Developed Census Tract, where tenants are afforded a $3,500 tax credit per new job created for up to five years.

"At InLight, we focus on our partners and clients first, and we build our strategies with their success in mind. We win only when they win," said David Burch, Managing Partner of InLight Real Estate Partners. "With a strategic location, a wide variety of facility sizes, and state tax incentives, Commerce Exchange creates a winning synergy for our clients and the local business community."

InLight Real Estate Partners is an industrial development firm built on thematic, value-driven strategies designed for resilience and outperformance. InLight focuses on developing modern logistics facilities to meet the evolving long-term demands of the e-commerce supply chain. Its experienced team develops deep relationships with clients on a hyper-local level, measuring our success based on the success of clients and partners. InLight serves clients nationwide from its offices in Ponte Vedra Beach, FL and Atlanta, GA.

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Matt DiLeo
InLight Real Estate Partners
Ponte Vedra Beach, Florida
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