Central Logistics Park West

Lebanon, Tennessee

  • 250,041 SF
  • 32′ clearance
  • Tilt-up construction
  • LED lighting
  • 20-acre site
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Al. Neyer and Stonelake Capital Partners to Build Central Logistics Park West

Al. Neyer, with partner Stonelake Capital Partners, has broken ground on Central Logistics Park West, a 250,000 SF Class A distribution facility located at the northwest intersection of Central Pike and Interstate 840. Stonelake, a Texas-based real estate private equity firm, closed on the purchase of the 20-acre land site for the development in early March and expects to complete construction and deliver the building for occupancy by the end of 2021. Al Neyer is handling the development and design-build construction on behalf of Stonelake.

Central Logistics will feature best-in-class physical specifications, high visibility from Interstate 840, and is strategically located to appeal to the needs of logistics and distribution tenants serving both local and regional markets.

This is Al. Neyer’s first project with Stonelake. Stonelake owns, is developing, or has developed 20 million SF of industrial warehouses, 6,100 multifamily units, and 3 million SF of office buildings. Stonelake is an active buyer and developer of infill warehouse buildings in high barrier to entry submarkets across the United States with a particular focus on Texas and sunbelt markets where job and population growth significantly outpace the national average. Since 2014, Stonelake has acquired 208 warehouse buildings totaling 20 million SF.