ATLANTA, June 13, 2017 /PRNewswire/ -- Ackerman & Co., in a joint-venture with The Yates Group and JAC Real Estate Investments, LLC., announced it has pre-leased Braselton Logistics Center, a 1,000,821-square-foot bulk distribution facility, in its entirety to Uline Inc., North America's leading distributor of shipping, packaging and industrial supplies.
Uline signed a 10-year lease with Ackerman and will combine the operations of two nearby distribution facilities into the state-of-the-art facility, which will serve as its Southeast U.S. logistics hub. The facility will house Uline's administrative offices as well as storage and distribution space. Uline is scheduled to move in the first quarter of 2018. Construction will be completed in late 2017.
"This lease represents a milestone for our company since it gives us the opportunity to establish a consolidated Southeast distribution center in Braselton that will meet the long-term distribution requirements of our growing business," said Duke Uihlein, vice president of Distribution at Uline. "We're glad to be able to benefit the local economy by employing 450 workers at Braselton Logistics Center and expect to employ up to 600 workers at the facility within the next few years."
Brett Buckner of Ackerman & Co., Todd Yates of the Yates Group, and Julian Brown of Transwestern represented the landlord in the lease transaction. Dave Desper and Blaine Kelley of CBRE represented Uline.
"Uline is a highly successful company, with a reputation of investing in its workforce and in its community," said Jackson County Commission Chairman Tom Crow. "We are excited to welcome Uline to Jackson County."
The cross-dock facility's advanced design features include extra-high 40-foot clear heights, Ductilcrete warehouse floor slab, a white TPO roof with skylights, LED high-efficiency lighting, and parking space for 521 trailers and 639 cars. The facility's office space will also be customized to Uline's specifications.
"Braselton Logistics Center is one of the few million-square-foot distribution centers available in metro Atlanta and holds the distinction of being one of the first, and maybe the first, 40-foot clear spec warehouses built in the southeast," said Buckner, senior vice president at Ackerman & Co.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired nearly 35 million square feet of office, medical, industrial, retail and mixed-use space, has more than 7 million square feet under management, and maintains an investment portfolio valued at $1 billion.
For more information on Ackerman & Co., visit www.ackermanco.com
Recognizing a local need for a shipping supply distributor, Liz and Dick Uihlein started Uline from their basement in 1980, offering the H-101 carton sizer (still offered today). Uline is now North America's leading distributor of shipping, packaging and industrial supplies. For more information, visit www.uline.com
About The Yates Group
The Yates Group focuses on office and industrial build-to-suit as well as speculative development throughout the Southeastern United States. For more information, visit www.theyatesgroup.net
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SOURCE Ackerman & Co.