OAKMONT BREAKS GROUND ON 604,932 SF SPEC WAREHOUSE FACILITY IN ATLANTA

ATLANTA — Atlanta-based Oakmont Industrial Group, along with The Carlyle Group, has closed on a 39-acre land purchase in Atlanta’s I-20 West submarket for a speculative industrial property. Oakmont has begun developing Skyline/20 West, a 604,932-square-foot property that will feature 36-foot clear heights, cross-dock loading, concrete truck courts, 171 trailer parks and 287 auto parks. Bilijack Bell of Wilson, Hull & Neal Real Estate assisted Oakmont in the land acquisition. Oakmont and The Carlyle Group have selected Bell and Joseph Rogers, also with Atlanta-based Wilson, Hull & Neal Real Estate, to lease Skyline/20 West. The design team includes architect Randall-Paulson Architects and general contractor The Conlan Co. Regions Bank is providing construction financing for the project, which is slated for a summer 2015 delivery.