HUNTSVILLE, Ala., May 23, 2017 /PRNewswire/ -- The Hollingsworth Companies broke ground on their fifth industrial building project in SouthPoint Industrial Park, Alabama on May 2nd with the start of a sixth building project expected in mid-2017. The 252,000-sq.ft. class A steel building is designed to be a single tenant or the option of a multitenant facility with 32' clear height and 14 loading docks suitable for warehouse or manufacturing space.
Tommy Battle, Mayor of Huntsville stated, "Huntsville has experienced tremendous private sector job and investment growth over the past nine years; however, the competition for jobs and investment is only getting more fierce. Project timelines are moving faster than ever before and companies are under more pressure now to make projects successful. Communities, like Huntsville, that are prepared will be the ones that continue to prosper. This 252,000-square-foot facility will add another critical tool to our economic development tool kit. Huntsville is open for business and the staff at the Huntsville Chamber work hard every day to grow our community."
"Limestone County Economic Development Association is pleased to see the Hollingsworth Companies begin the construction of their fifth building in SouthPoint Business Park located along Interstate 65 and Interstate 565 in Huntsville, Limestone County, Alabama. Our relationship with Hollingsworth dates back to the late 1990's and we are delighted to continue to help market the property," stated Tom Hill, President of the LCEDA.
The Hollingsworth Companies are continuing to see a recovery from the severe building recession that started in 2008. A few notable projects the company recently completed a 264,763-sq.ft. automotive building in Cookeville, TN, a 183,618-sq.ft. expansion to a remelt factory in Prince George, VA, and a 127,950-sq.ft. manufacturing facility in Andersonville, TN. Joe Hollingsworth, CEO of The Hollingsworth Companies stated, "Job killing regulations have driven up building costs for the last eight years and driving manufacturing jobs overseas. We have seen a tremendous improvement in industrial real estate with the recent election of Donald Trump and his plan for American economic revival and the elimination of government regulations so we are allowed to play our role in creating new jobs."
The SouthPoint Industrial Parks are well located for businesses that want to locate within the southeastern powerhouse states. The SouthPoint Park Alabama was designed for companies that support the Red Stone Arsenal, Army Contracting Command; NASA's Marshall Space Flight Center; and the Southern Automotive corridor. The park is located adjacent to the I-65 and I-565 interstates.
The Hollingsworth Companies have already delivered 60+ projects throughout the southeast to various clients and sees the pace of this picking up again. The projects include Build-to-Suit and Finish-to-Suit projects ranging in size from 85,000 square feet to 400,000 square feet.
About The Hollingsworth Companies
The Hollingsworth Companies is the largest non-urban Industrial Real Estate developer and construction firm in the southeastern United States with 125 tenants and 18 million square feet of industrial space, spread over 15 states. Hollingsworth Capital Partners, another portfolio company, was listed as the 12th fastest growing American company in Inc. Magazine for 2008. For more information about The Hollingsworth Companies, contact Tom Mann, Vice President of Industrial Real Estate, at 865.457.3701.
The Hollingsworth Companies
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SOURCE The Hollingsworth Companies