| Atlanta Developer Goes for Green at New Warehouse|
By Christian Conte
Jacksonville Business Journal
July 11, 2008
An Atlanta developer is planning a huge eco-friendly
warehouse project on New Berlin Road.
The 872,000-square-foot building called NorthPort Logistics Center is
Oakmont Industrial Group's first project in Jacksonville and its second in Florida.
"We really like the port angle in Jacksonville," said Tom Cobb, senior
vice president-development at Oakmont. "We want to try to find another port site."
Cobb declined to comment on construction costs, but said the project will
be the company's first on the East Coast to try to meet the criteria for
the U.S. Green Building Council's Leadership in Energy and Environmental
To be LEED-certified, the building must achieve a minimum 20 percent
reduction in power consumption, 50 percent reduction in outdoor water
consumption, 20 percent reduction in indoor water consumption and divert
75 percent of the construction waste from landfills.
The Conlan Co., based in Marietta, Ga., is the general contractor on the
project, which will include cross-dock loading and provisions for tri-dock
loading. Construction is expected to start in September and be completed
by summer 2009.
Hobart Joost of Colliers Dickinson in Jacksonville and Steve Grable of
Colliers Spectrum Cauble in Atlanta represented the buyer and the seller,
Michigan developer Steve Schafer, in the transaction.
Joost said the property is in a fantastic location, being close to
Interstate 295, Interstate 95 and the Jacksonville Port Authority's Blount
Island and Dames Point marine terminals.
Schafer, owner of Schafer Development, said the timing is right for
industrial development in Jacksonville.
"I think it's a diamond in the rough," Schafer said of the city's
industrial market potential.
Oakmont is a fully integrated industrial real estate development and
management company with properties in California, Georgia and Florida and
an additional 12.5 million square feet of space in the pipeline. Its other
Florida property is 688,000 square feet of space in Apopka, near Orlando.