Jones Lang LaSalle Inc. $(JLL)$ has successfully arranged $46 million in construction financing and $25 million in joint venture equity for the development of Coal Mountain Industrial Park in Forsyth County, Georgia. The project, spearheaded by developers Holder Properties and Tamarack Investments, will feature a 608,642-square-foot, Class A industrial space, distributed across three state-of-the-art, rear-load distribution centers. Construction is set to begin imminently, with delivery expected to start in Q2 2026. The financing was secured through Pinnacle Financial Partners, with joint venture equity from Hartford Investment Management Company. JLL's Capital Markets team, led by Managing Director Bobby Norwood, highlighted the project's strong potential due to favorable demographics, a skilled labor pool, and diverse tenant demand in the North Fulton/Forsyth submarket.
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