Locust Grove, GA — On April 9, Stonemont Financial Group hosted an employee appreciation lunch at Stonemont Park 75 South, a 903,701-square-foot, Class-A industrial park in Locust Grove, Georgia. The event celebrated the employees working on the construction of this game-changing industrial complex, including Alston Construction and Martin Concrete Construction. Governor Brian Kemp attended and spoke about the project and its significance for Georgia’s economic development. During the lunch, Zack Markwell, CEO and managing principal at Stonemont, spoke about the importance of the industrial park and thanked the employees for their efforts in ensuring a timely completion. Governor Kemp also delivered remarks, followed by Tim Germaine, business development manager at Alston Construction, and Jon Tuggle, executive vice president at Martin Concrete.
Stonemont Park 75 South will include three rear-load speculative warehouses: Building A is 239,837 square feet, Building B is 538,919 square feet and Building C is 124,945 square feet. The buildings will be designed to fit the latest Class-A modern warehouse standards, with clear heights varying from 32 feet to 40 feet, and a total of 315 trailer parking stalls and 587 car parking stalls. While it will be tailored to accommodate any type of user, the project fills a void in Atlanta for Class-A product with flexible sizing options. As one of the largest industrial projects in the market to deliver this year, Stonemont is expected to complete construction and begin leasing this summer.
About Alston Construction
Alston Construction offers general contracting, construction management and design-build experience of industrial, commercial, healthcare, education, retail and government projects. Alston currently has over 20 locations in the continental United States giving our team a competitive edge in fostering client, developer and subcontractor relationships. Alston’s overall goal is to provide quality and cost efficient projects that will leave a positive experience. In the past five years, Alston has completed more than $6.5 billion in industrial and manufacturing projects encompassing more than 35 states. This includes thousands of completed projects with contracts from $250,000 to more than $200 million.
About Stonemont Financial Group
Stonemont Financial Group specializes in investing across a broad spectrum of real estate asset classes and geographies, specializing in industrial, net lease, and healthcare real estate. to deliver attractive risk-adjusted returns. Stonemont offers diversified and differentiated real estate investment strategies and vehicles to institutions, family offices, trusts and high net-worth individuals. With a combined track record of over 60 years of experience and $20 billion invested, Stonemont’s founders and managing principals are committed to delivering attractive risk adjusted returns.