Industry spec building raised in Bradley

Industry spec building raised in Bradley

December 25th, 2011 by Mike Pare in Business Around the Region

• What: A 50,000-square-foot speculative building for a potential industrial business is going up in Bradley County on Enterprise Drive SW off of APD-40.

• Status: Glenn Sutherland of Dillard Partnership, the building's owner, said the structure is more than 80 percent complete, though it's not being finished out. He said build-out would occur after a tenant or buyer is found. The development cost wasn't announced.

• Why: Sutherland said that type of spec building, which can be expanded to 150,000 square feet by adding adjoining property, is missing in the Bradley market. "The purpose of the building was to provide a speculative building that had attributes not found in the existing inventory," he said.

Doug Berry, the Cleveland/Bradley Chamber of Commerce vice president of economic development, said he has seen several opportunities pass on the area because its existing inventory didn't match needs. "This building specifically addresses those criteria, making this community more competitive in the search for jobs," he said.

• Market: Light manufacturing and warehouse companies are prospects.

• Partnership: Dillard is developing the site with the help of the Cleveland/Bradley County Industrial Development Board, note holder on the land, along with the Chamber of Commerce, which is handling marketing.