Mirroring the trend of new industrial development taking place all across Metropolitan Atlanta, New York-based Ashley Capital has begun construction on the first speculative multi-tenant industrial project in the Conyers/Rockdale industrial submarket in eight years. Conyers East Business Center, located at 800 Sigman Road, will deliver 175,000 SF of much-needed, first-class office/warehouse/distribution space to the market in October of 2015. With the diversity of this industrial market, there are a wide variety of corporate users to whom this type of quality development will appeal, with spaces ranging from 25,000 SF up to the entire building.
Ashley Capital’s commitment to the Conyers/Rockdale industrial submarket is underscored by their acquisition and development of nearly 2,000,000 SF of industrial inventory in the last 13 years for such prominent national firms as Hill Phoenix, Corrugated Supplies Corporation, Bio-Lab and Golden State Foods; tenants who obviously recognize the value of the available workforce and unparalleled interstate access provided by the area. Ashley Capital’s continued investment in this submarket suggests a renewed optimism in improving market conditions as a whole, and the lasting significance of this particular submarket in Atlanta’s industrial landscape.
Lavista Associates, Inc. Principal Bobby Mayson has been instrumental in leasing space for Ashley Capital for more than 13 years, and is currently pre-leasing space at Conyers East Business Center.