Thor Equities Group, a global leader in urban real estate development, leasing and management, is pleased to announce the acquisition of an 82-acre parcel in Adairsville, Georgia. Situated on US Highway 41 South, Thor plans to develop an 1,038,000 SF state of the art industrial property.
Located 60 miles from the center of Atlanta in the I-75 N submarket, the Adairsville site enables operators to access the ninth largest city in the US in one hour. The property is in close proximity to I-75 and the new inland port located in Chatsworth, GA, allowing future tenants to receive goods directly from the Port of Savannah. Thor’s construction plan includes top of the market class A specifications including 40’ clear height, an 8” slab, up to 306 trailer spaces and 577 auto spaces along with a modern design.
“We see Atlanta as a key market in our industrial expansion. Our plans to deliver a high-quality development will benefit our future tenants by enabling them to serve the densely populated Atlanta market or take advantage of north Georgia’s excellent manufacturing labor pool,” said Chairman of Thor Equities Group, Joe Sitt.
Thor has been bullish in the industrial sector both in the US and abroad, having acquired a 196,300 property in the Los Angeles/Carson submarket in April and leased a warehouse in Brooklyn to a leading e-commerce player in late 2020. Abroad, Thor acquired seventeen assets between Spain and France and sold a 2.2M square foot portfolio in the UK earlier this year.