Greystar Closes on Land for Southmeadow Logistics Development in Atlanta
Atlanta, GA – August 8, 2025 – Greystar, a global leader in investment management, development, and property management, today announced the successful land closing in partnership with Whitman Peterson for the development of Southmeadow Logistics.
A two-building, 221,490-square-foot Class A industrial development, Southmeadow Logistics will include one 89,090-square-foot building and one 132,400-square-foot building on a premier 21.057-acre site at 4200 Southmeadow E Parkway.
“We’re excited to bring our Southmeadow Logistics development to metropolitan Atlanta,” said Eric Berger, Development Associate at Greystar. “Located adjacent to Hartsfield-Jackson Atlanta International Airport, the project offers exceptional access and transportation connectivity, combined with a highly efficient design to support a broad range of logistics and distribution users."
Positioned within Southmeadow Logistics Park in East Point, the site offers immediate access to Hartsfield-Jackson Atlanta International Airport, major distribution routes, and a strong regional labor pool. The project is designed for maximum efficiency and will feature 32-foot clear heights, 38 trailer parking stalls, and modern configurations to support a wide range of logistics and distribution users.
KBC Advisors introduced Greystar to the opportunity. “We are incredibly excited to close and start our first industrial development in Atlanta. We will be focused on growing our industrial presence in Atlanta, as we continue to scale our national platform.” mentioned Lewis Stoneburner, Jr., Senior Managing Director at Greystar.
Construction is expected to begin in September 2025, with completion scheduled for July 2026. Leasing is slated to launch in the first quarter of 2026.
About Greystar
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in nearly 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages over 1,000,000 units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including over $35 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.
About Whitman Peterson
Whitman Peterson (“WP”) is an institutional real estate investment company, making and actively managing opportunistic real estate investments on behalf of institutional investors. The firm focuses on highly strategic GP-aligned partnerships with some of the nation’s top vertically integrated real estate companies in its target sectors. WP and Greystar have been strategic partners since WP’s formation in 2010 and have invested together in more than 175 asset-level investments, across multifamily, active adult, student, and logistics strategies. WP and Greystar have capitalized and developed over 7.5M square feet of warehouse and logistics space together, representing over $1.1B in total capitalization. Across all Whitman Peterson’s funds and GP-aligned partnerships, the firm has made more than 300 investments, in transactions involving more than $30B of total capitalization. Whitman Peterson is headquartered in the Greater Los Angeles area.
Media Inquiries
Emma Mitchell
emma.mitchell@greystar.com