Pattillo Industrial Real Estate

What Pattillo Industrial Real Estate does

Pattillo Industrial Real Estate is a privately held, multi-generational family-owned industrial real estate company founded in 1950 and headquartered in Atlanta, Georgia. The company develops, acquires, and operates Class A industrial properties — including distribution centers, manufacturing facilities, warehousing, and build-to-suit developments — across the Southeastern United States, with active markets in Georgia, Florida, South Carolina, North Carolina, Alabama, Tennessee, Kentucky, and most recently Savannah, GA (their 11th market). Since founding, Pattillo has developed more than 1,000 industrial buildings totaling over 80 million square feet and currently manages an asset portfolio of over 200 buildings, reporting a 94% lease renewal rate.

The company operates through four integrated in-house service lines: Asset Management, Construction Management, Development, and Property Management. Property sizes range from 8,000 SF multi-tenant spaces to 1.0 million+ SF distribution facilities, with key parks including McClure Industrial Park (Jefferson, GA), Wildlight Commerce Park (Yulee, FL), Central 75 Distribution Center (Tampa, FL), Westside Industrial Park (Jacksonville, FL), and Anderson Gateway Commerce Center (Anderson, SC). Notable enterprise tenants include Amazon, Boeing, BMW, Home Depot, Pepsi, Chick-fil-A, Bacardi, Iron Mountain, Shimano, Cintas, and ID Logistics. The company emphasizes customized build-to-suit solutions, long-tenured tenant and broker relationships, and fully integrated capabilities from site evaluation through ongoing property management.

Pattillo's revenue model combines recurring rental income from owned industrial assets with one-time build-to-suit development revenue and ongoing property and asset management fees. Its go-to-market is dominated by direct enterprise field sales supplemented by deep relationships with major commercial real estate brokerages (CBRE, JLL, Cushman & Wakefield, Nelson, Avison Young) and economic development organizations. The company has secured financing transactions in excess of $1.0 billion under CEO Josh Harrison, who assumed the role in 2020 alongside CFO Mazeen Porbandarwala (since 2019, ex-Wells Fargo Commercial Real Estate Group) and General Counsel Michael Kerman (since 2023).

Name

Pattillo Industrial Real Estate

Legal name

Pattillo Industrial Real Estate

Website

https://pattillore.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Short description

Pattillo Industrial Real Estate is a multi-generational, family-owned industrial real estate developer and operator founded in 1950, headquartered in Atlanta, that develops, acquires, and manages Class A warehouses, distribution centers, and manufacturing facilities across the Southeastern United States for enterprise tenants.

Ownership category

akta.pro rank

Product category

Industrial Real Estate

NAICS

Lessors of Real Estate (5311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312)

SIC

Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB)

akta.pro secondary industry

Industrial Land & Build-to-Suit Site Brokerage (BPAJACAJ)

Keywords

• Industrial real estate
• Warehouse leasing
• Build-to-suit development
• Property management
• Asset management

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Supply Chain

Revenue model

1. Industrial Space Leasing: Revenue generated from leasing Class A industrial properties including distribution centers, manufacturing facilities, and warehouse spaces to tenants. Properties range from small 8,000 SF multi-tenant spaces to 1.0 million+ square foot distribution facilities.
2. Build-to-Suit Development: Custom development services where Pattillo designs, constructs, and delivers purpose-built industrial facilities tailored to specific tenant requirements. Revenue recognized upon project completion and lease execution.
3. Property Management Services: In-house property management services for the company's owned and managed portfolio, ensuring operational efficiency and tenant satisfaction.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Pattillo Industrial Real Estate develops, leases, and manages Class A industrial properties across the Southeastern United States. The company offers build-to-suit development, existing industrial space for lease, asset management, construction management, and property management services through an integrated in-house platform spanning assets ranging from 8,000 SF multi-tenant spaces to 1.0 million+ SF distribution facilities.

Product overview

Pattillo Industrial Real Estate is a multi-generational family-owned industrial real estate company specializing in the development, acquisition, and management of industrial properties across the Southeastern United States. The company operates a platform of four integrated service lines: Asset Management, Construction Management, Development, and Property Management. These core services support a portfolio of Class A industrial properties and build-to-suit sites spanning multiple markets including Florida, Georgia, South Carolina, North Carolina, Alabama, Tennessee, and Kentucky. The property portfolio includes diverse product types ranging from small multi-tenant spaces (8,000 SF) to large distribution facilities (1.0+ million SF), with notable developments including Anderson Gateway Commerce Center, Oakwood South Industrial Park, Westside Industrial Park, Wildlight Commerce Park, McClure Industrial Park, and Central 75 Distribution Center. Since 1950, the company has developed more than 1,000 industrial buildings and maintains a 94% lease renewal rate.

Differentiator

Problem solved

Functional benefit

Products and services

• Asset Management Industry-leading asset management team working collaboratively with industrial property owners and tenants to ensure long-term strength, stability, marketing, lease negotiations, and economic performance of managed properties across a portfolio of over 200 buildings.
• Construction Management Construction management services for new construction, renovations, and tenant improvements of industrial spaces, delivered on-time and on-budget by an in-house team experienced in all aspects of industrial project delivery.
• Development Full-cycle industrial development services from site evaluation through zoning, entitlements, financing, construction, and delivery, including speculative developments and build-to-suit facilities tailored to tenant specifications.
• Property Management In-house property management team that professionally manages and oversees the entire Pattillo industrial portfolio, maintaining buildings and servicing tenant property needs to ensure operational efficiency and tenant satisfaction.
• Anderson Gateway Commerce Center Class A industrial facility in Anderson, South Carolina delivering Fall 2026, accommodating 25,000 - 248,000 SF with 32' clear height and ESFR fire suppression.

Quantifiable outcome

• 94% lease renewal rate demonstrating strong tenant retention
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core, strategic and minor.

• CBREcoreChannel Partner/ Reseller/ DistributorMajor commercial real estate brokerage firm representing tenants in industrial transactions. Multiple CBRE brokers have represented tenants in Pattillo properties including Kris Courier, Rian Smith, Josh Tarkow, and Sara Dieter for the ID Logistics lease at Central 75 Distribution Center.
• JLLcoreChannel Partner/ Reseller/ DistributorJones Lang LaSalle commercial real estate brokers including Luke Pope and Ed Soriano have represented tenants at Pattillo properties. JLL has been instrumental in multiple major lease transactions.
• Cushman & WakefieldcoreChannel Partner/ Reseller/ DistributorMajor commercial real estate firm with brokers Tyler Newman and Jacob Horsley representing tenants in Pattillo industrial properties including IEM Power Systems and Iron Mountain transactions.
• NelsonstrategicChannel Partner/ Reseller/ DistributorCommercial real estate brokerage firm with long-standing relationship with Pattillo. Carolina Siemer from Nelson serves as tenant representative.
• Dana B. Kenyon CompanyminorImplementation/ SI/ Consulting PartnerGeneral contractor partner for construction projects including the 172,000 SF speculative building at Westside Industrial Park in Jacksonville, FL.
• Randall Paulson AssociatesminorImplementation/ SI/ Consulting PartnerArchitecture firm serving as design partner on Westside Industrial Park development project.
• Houston EngineeringminorImplementation/ SI/ Consulting PartnerCivil engineering firm serving as civil engineering partner on Westside Industrial Park development.
• ARCO Design/BuildstrategicImplementation/ SI/ Consulting PartnerContractor for the Bacardi USA 351,000 SF build-to-suit distribution center project at NorthPoint Industrial Park in Jacksonville, FL.
• Greater Hall Chamber of CommercestrategicStrategic or Co-development PartnerRegional economic development partner in Hall County, GA. Pattillo was a Silver Sponsor of the Chamber's annual Industry of the Year event and works closely with the Hall County Economic Development team.
• Avison YoungstrategicChannel Partner/ Reseller/ DistributorCommercial real estate firm with brokers Wayne Schuchts and Bobby Benton representing Bacardi in the build-to-suit transaction at NorthPoint Industrial Park.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Becknell Industrial: Private industrial real estate developer, owner, and operator focused on build-to-suit and speculative development across the U.S. Comparable to Pattillo in product mix (Class A distribution and manufacturing) and tenant-focused development approach.
• STAG Industrial: Publicly traded industrial REIT that acquires and operates single-tenant and multi-tenant industrial properties across the U.S. including Southeast states. Comparable to Pattillo's portfolio of 200+ buildings serving industrial tenants on net leases.
• EastGroup Properties: Sunbelt-focused industrial REIT (Florida, Texas, Arizona, Southeast markets) that develops, acquires, and operates Class A industrial distribution facilities. Closest comparability to Pattillo's geography, product type, and tenant focus on distribution and light manufacturing.
• Hillwood: Perot family's private real estate development and investment firm with a major industrial/logistics platform across the Sunbelt. Comparable to Pattillo in business model, family-ownership profile, and Southeast U.S. footprint.
• First Industrial Realty Trust: Publicly traded industrial REIT that owns, develops, and redevelops Class A industrial properties across major U.S. markets including the Southeast. Comparable to Pattillo in product type and tenant profile, with overlapping presence in Florida, Georgia, and the Carolinas.
• Terreno Realty Corporation: Industrial REIT focused on infill industrial properties in six major U.S. coastal markets. Comparable to Pattillo as a Class A industrial owner/operator with a focus on tenant relationships and last-mile/e-commerce distribution facilities.
• Panattoni Development Company: Privately held industrial real estate developer with a major U.S. footprint in the Southeast, Sunbelt, and West Coast. Comparable to Pattillo in scale of build-to-suit activity, speculative development, and tenant relationships with Fortune 500 occupiers.
• Crow Holdings Industrial: Privately held industrial real estate developer and investment manager owned by the Crow family. Comparable to Pattillo as a private, family-influenced industrial developer with scale and a long-term capital base.

Broad incumbents

• Prologis: The largest publicly traded industrial REIT globally, with a massive logistics real estate portfolio in the U.S. Southeast and globally. Comparable to Pattillo as a developer, owner, and lessor of Class A industrial/distribution facilities, though at vastly greater scale and with public balance sheet access.

Regional players

• Rexford Industrial Realty: Industrial REIT focused exclusively on infill Southern California; comparable to Pattillo as a Class A industrial owner/developer with build-to-suit capabilities, but operates in a distinct geographic market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pattillore

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pattillo Industrial Real Estate