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Case Studies
February 4, 2024

Closing Announcement: Cass White Logistics Center - JV Equity Sponsor For Crow Holdings Industrial Development

Overview

Cass White Logistics Center is a new Class A industrial development strategically located in the I-75 North corridor of Northwest Atlanta, in Bartow County, Georgia, approximately three miles from I-75. The project consists of a single rear-load building totaling 397,600 SF across 57 acres, featuring 36-foot clear heights, 68 dock doors, 101 trailer stalls, and a configuration suitable for logistics and advanced manufacturing tenants. As the submarket's only 300,000 to 500,000 SF building, the development delivers modern functionality and contiguous scale in a proven industrial corridor anchored by advanced manufacturing, battery and EV production, and the Appalachian Regional Port.

Location Advantage

Bartow County sits within the I-75 North corridor, one of metro Atlanta's fastest-growing industrial and manufacturing regions. The site benefits from direct access to I-75 and proximity to both downtown Atlanta and Chattanooga, allowing same-day truck reach to a substantial share of the U.S. population. Nearby in Cartersville, Qcells' $2.5 billion solar manufacturing campus, the first vertically integrated solar factory in the United States, is creating roughly 2,000 direct jobs as an anchor investment for the region. The corridor is further supported by the Appalachian Regional Port, an inland intermodal terminal connected to the Port of Savannah, and it continues to attract significant attention from logistics and manufacturing users seeking high-quality space with connectivity, labor access, and competitive operating costs.

Partnership

Cass White Logistics Center is being developed in partnership with Crow Holdings Industrial, one of the nation's most active industrial developers. As Buchanan Capital Partners' second joint venture with Crow, following Rock Creek Center, Cass White reflects Crow's long-term strategy to deliver institutional-grade product in undersupplied logistics markets throughout the Southeast, including the supply-constrained I-75 North corridor. BCP's repeat partnership with nationally renowned Crow reaffirms the success of our zero-fee, high-preferred-return model in drawing partnerships with best-in-class platforms like Crow Holdings Industrial, aligning interests and mitigating risk for investors. This alignment provides institutional transparency while pairing Crow's execution capabilities with BCP's disciplined capital platform.

Market Context

The I-75 North corridor has emerged as one of metro Atlanta's most resilient industrial submarkets. In 2025, the corridor recorded approximately 1.9 million square feet of net absorption, with vacancy holding below 8% despite the deliveries of prior years. Construction starts have slowed meaningfully, with only about 120,000 square feet now underway across the corridor, setting up tightening fundamentals and limited new supply over the coming year. This follows more than 4.8 million square feet of leasing across the competitive set since January 2024, evidence that the supply delivered during the 2021 to 2023 wave has largely been absorbed. Demand continues to be driven by e-commerce, third-party logistics, and advanced manufacturing users, many tied to Georgia's growing clean energy and battery supply chain, including Qcells' solar manufacturing campus in nearby Cartersville. The corridor's strong infrastructure, anchored by I-75 and the Appalachian Regional Port's inland connection to the Port of Savannah, continues to position the region as a key link between metro Atlanta and markets across the Southeast and Midwest.

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