Outrigger Industrial Divests Fully Leased, Newly Developed Building In McKinney, TX
October 17, 2025Outrigger Industrial Hires Russell Bormann As Vice President, Texas Market Officer
January 8, 2026
New Lease Brings Falcon II Distribution Center Occupancy Rate to 70%
Oakwood, GA – November 3, 2025 Outrigger Industrial has signed a lease with Boehringer Ingelheim, a leading life sciences company, for 45,873 square feet at the Falcon II Distribution Center, located at 3920 Falcon Industrial Parkway, Oakwood, Georgia. Boehringer is expected to occupy the warehouse early next year, increasing the occupancy rate at the 40-acre industrial park to 70%.
“Welcoming Boehringer Ingelheim to Falcon II will have a meaningful impact on the local economy,” said Steve Rowley, Co-Founder & Managing Partner of Outrigger Industrial. “We’re excited to support their business goals through a highly customized, state-of-the-art facility.”
Boehringer Ingelheim maintains a strong operational footprint across Georgia, including its U.S. Animal Health headquarters in Duluth and sites in Gainesville and Athens. As a leader in animal health, the company offers a wide range of vaccines, parasite-control products, and therapeutic products for pets, horses, and livestock.
“The new warehouse at Falcon II Distribution Center enhances our operational efficiency,” said David Atchison, Head of Animal Health Global Supply at Boehringer Ingelheim. “It’s a strategic investment that strengthens our ability to serve customers while continuing our mission to improve the health and well-being of animals around the world.”
Falcon II Distribution Center in Oakwood, Georgia, encompasses three Class A industrial buildings totaling 496,195 square feet with 160,000 available for lease. The park is conveniently located along Interstate 985 and in close proximity to Atlanta.
Sam Simpson of Lincoln Property Company represented Outrigger Industrial in the transaction with James Phillpott and Conor Larkin of Cushman and Wakefield representing the tenant.
About Outrigger Industrial, LLC:
Outrigger Industrial, LLC is a joint venture partnership between co-owner managing members of PTLR, LLC (Podboy, Trinkle, Lu, and Rowley) and co-owners and investment firms Davidson Kempner Capital Management and Monarch Alternative Capital. Outrigger Industrial is strategically designed to invest in and develop industrial opportunities including ground-up development and value-add projects across the United States. The company is focused on infill and other high barriers to entry submarkets in major cities which exhibit strong macroeconomic and real estate fundamentals. Outrigger Industrial has offices in Chicago, Los Angeles, Houston, Atlanta, Philadelphia, and Columbus. For more information, please visit www.outriggerindustrial.com.
Boehringer Ingelheim – Animal Health business
Boehringer Ingelheim provides innovation for preventing and treating diseases in animals. The company offers a wide range of vaccines, parasite-control products, and medicines for pets, horses, and livestock to veterinarians, animal owners, farmers, and governments. As a leader in animal health, Boehringer Ingelheim values that the health of humans and animals is deeply connected and strives to make a difference for people, animals, and society. Learn more at
www.boehringer-ingelheim.com/us/animal-health.
About Boehringer Ingelheim
Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry’s top investors in Research and Development, the company focuses on developing innovative therapies in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective, embedding sustainability along the entire value chain. More than 53,500 employees serve over 130 markets to build a healthier, more sustainable, and equitable tomorrow. Learn more at www.boehringer-ingelheim.com.
Outrigger Industrial Regional Media Contact:
Southeast:
Steve Rowley, Co-Founder & Managing Partner
770-880-6075
