After closing on its 60-acre development site in Pembroke Pines last week for $14.25 million, joint venture partners Core5 Industrial Partners and Helms Development are moving forward with their plans for a distribution center that could cost up to $125 million.
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Core5 Industrial Partners and Helms Development Acquires 60-Acres in South Florida to Develop 750,000 SF of Class A Office/WarehouseConstruction Slated to Begin in April on South Florida Distribution Center’s First Building, Spec Space Spanning 223,880 SF
ATLANTA, January 30, 2017 – Atlanta-based Core5 Industrial Partners and Florida-based Helms Development today announced the acquisition of a 60-acre land parcel from the City of Pembroke Pines located at 20421 Sheridan Street, Pembroke Pines, Florida. The site is one of the last remaining in Southwest Broward to offer build-to-suit options for larger users and offers a distinctive advantage with trailer parking – an option no other property in land-constrained Broward County can offer. (more…) Read More
Sonoco Products Company, one of the largest global diversified packaging companies, will invest $20 million in a new packaging center in Fairburn, Georgia. The company plans to create 130 full-time and 465 part-time jobs. Read More
A big-time battery-maker is putting a copper top on Shugart Farms, along with adding up to 800 new jobs to the Metro Atlanta economy. Duracell has inked a deal to lease all of Core5 Logistics Center at Shugart Farms, at 5000 Bohannon Road in Fairburn, from Core5 Industrial Partners. Core5 broke ground last year on the spec, 874k SF warehouse. Read More