DOUGLASVILLE, Ga.— Dermody—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—announced that Corvant, which designs, builds and maintains mechanical HVAC and plumbing systems for the built environment, has fully leased the 113,865-square-foot LogistiCenter at Bright Star in Douglasville, Georgia.
LogistiCenter at Bright Star is a Class A, rear-load facility built to LEED certification standards that provides immediate access to Atlanta’s major transportation arteries. The building features 32-foot clear height, a 60-foot speed bay, 28 dock-high doors, two drive-in doors, approximately 90 auto parking spaces and ESFR fire protection.
Located on the I-20 West corridor in metro Atlanta, LogistiCenter at Bright Star provides easy access to Atlanta’s major interstates and intermodal facilities as well as quick access back to the urban core of Atlanta.
“LogistiCenter at Bright Star is situated in an ideal location along the I-20 West corridor to capitalize on regional growth, including growth in the data center industry, which has seen substantial investment in this part of metro Atlanta. This location will support Corvant’s business growth in the region,” said Wes Hardy, Southeast Region Partner at Dermody. “The immediate availability of the building allowed Corvant to move in and begin operations right away, without the time or cost of retrofitting a new space.”
Corvant has been in business in Douglasville since 1962, and this lease expands its regional footprint. The facility filled a need for modern space to support its growth.
“LogistiCenter at Bright Star met all of our requirements for a logistics facility in this area,” said Tim Henry, Vice President of Mission Critical at Corvant. “The location and ease of access were a major consideration for our team in expanding our regional presence. LogistiCenter at Bright Star will make a wonderful home for Corvant as we celebrate more than 50 years serving our customers. We appreciate Dermody’s partnership in this process.”
Mason Marsteller of Hughes Commercial Real Estate represented Dermody in this transaction. Corvant was represented by Angie Henry of The Realty Group. For more regional information, including available facilities, please visit the Southeast Region page on the Dermody website.
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About Dermody
Dermody is a privately-owned real estate investment, development and management firm that specializes in the acquisition and development of logistics real estate in strategic locations for e-commerce fulfillment centers, third-party logistics and distribution customers. Founded in 1960, Dermody has developed more than $10 billion of total capital across all platforms nationwide, having acquired and developed approximately 110 million square feet of logistics and industrial facilities. In addition to its corporate office in Reno, Nevada, it has regional offices in Atlanta, Boston, Chicago, Dallas, New Jersey, Northern California, Phoenix, Seattle and Southern California. For more information, visit Dermody.com.