Media Releases Category: Company News
Core5 Industrial Partners Announces Lisa Ward’s Retirement
Industry Veteran and Original Core5 Founding Member Retiring in July 2025
ATLANTA, December 5, 2024 – Atlanta-based Core5 Industrial Partners announces the retirement of Lisa Ward from Core5, a wholly-owned subsidiary of Kajima USA, Inc., effective July 15, 2025. She will wind down day-to-day oversight of the Southeast region at the end of 2024 and will stay on through July 15, 2025, in an advisory role.
Lisa Ward has a long history with Kajima and the executive team of Core5, being one of the original founding employees of IDI, formerly owned by Kajima, and one of the original executives with Core5 when the company began operations in 2015. Lisa excelled in her many roles at IDI over her 25 years there, frequently being awarded the top industrial landlord representative in Georgia by the Atlanta Commercial Board of REALTORS. She went on to lead the Southeast Region of DCT, as Senior Vice President and Managing Director, overseeing capital deployment and placing her strategic guidance on improving the portfolio’s operating metrics, as well as executing the largest build-to-suit project in DCT’s history for JM Smucker’s totaling over 1 MSF in Fairburn, GA. At Core5, Lisa oversees the operations of the Southeast Region, including Atlanta, Memphis, Nashville, and Savannah. She played a pivotal role in starting the development platform for the company, responsible for the entitlement and acquisition of 2,400 acres of land along with the development of 19.2 MSF of Class-A logistics facilities during her tenure. Core5, under Lisa’s stewardship, has consistently been named in the top three industrial developers in Georgia by the Atlanta Business Chronicle and winner of Industrial Deal of the Year in Atlanta Business Chronicle's Best in Atlanta Real Estate Awards in 2018, for a 1.2 MSF build-to-suit for SaddleCreek.
Lisa placed significant emphasis on performing to the highest level of professionalism and quality in everything she touched. While we will miss Lisa and her contributions to Core5 and the industry, we wish for her continued health, happiness, and success in her future endeavors.
With Lisa’s departure, we announce the appointment of the following:
- Rodney Davidson will assume the role of Senior Vice President and Managing Director of the Southeast region.
- Mitchell Townsend will replace Rodney Davidson’s previous role as Vice President of Investments, focusing on leasing the Southeast region’s portfolio.
About Core5 Industrial Partners
Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Maryland, Memphis, Nashville, Pennsylvania, Phoenix, San Antonio, Savannah and South New Jersey with expansion plans to additional key logistic hubs in the US. Founded in 2015, the company has developed or begun construction on 51 million square feet since inception.
Immediate access to capital, coupled with the ability to financially support deals on their balance sheet without utilizing third party resources on most transactions, Core5 executes quickly without layers of bureaucratic, time-consuming processes. The company is privately held by over 180-year-old Japanese-based Kajima Corp – one of the world’s largest A credit-rated construction companies with whom C5 leadership has sustained a 30+ year working relationship.
Named for its five core principles, the company values are centered around a highly flexible entrepreneurial spirit promising follow through on commitments with an emphasis on relationships, excellence in quality, attention to detail and quick decision making. For more information on Core5 Industrial Partners, visit www.c5ip.com.
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A six-year veteran of Core5 and as head of our Western Region, Jon has been responsible for the land acquisition and entitlement, development, leasing and sales of projects in the Inland Empire. In addition, Jon has led us into the Phoenix market, where we acquired our first site in 2022 and continues to seek opportunities for expansion in the West.
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*Ranked by square feet developed, 2021-2022.
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Ranked by square feet developed, 2020-2021.
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CBRE Set to Market and Lease Phase II Buildings Following Successful Leasing of Initial Phase I Building
Cincinnati – September 2, 2021 – Core5 Industrial Partners announced today that Phase II of the Core5 Industrial Partners speculative multi-building industrial project is scheduled to break ground in the third quarter of this year in Elsmere, Kentucky.
Phase II will feature two buildings totaling 869,308-square-feet. Building 2 offers 585,064-square-feet of cross-dock capability for larger tenants while Building 3 will offer 284,244-square-feet of single-loaded space, creating leasing opportunities for smaller end-users. Phase II follows the successful leasing of the Phase I -- 839,931-square-foot C5 Airport East Logistics Center Building 1 to Diversey, Inc. at 7900 Foundation Drive. This building is scheduled to be completed in Q1 2022. (more…)
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Core5 was honored with the Industrial Development Deal of the Year for our Crossroads Business Center development, by the NAIOP Georgia Chapter for 2020. This development consists of a 131-acre site located less than 7 miles from Hartsfield-Jackson International Airport. By strategically thinking through the design and layout of the site, we offered the ideal design and location for largescale e-commerce users for this 1,007,000 SF facility.
The development was pre-leased to Amazon on a 10-year lease and will be sold in early January 2021 at a record cap rate for Metro Atlanta.
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Congrats to Core5 Industrial Partners' Linda Booker for her GlobeSt.com’s 2019 Women of Influence nomination as Finance Executive of the Year award!
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A German real estate fund manager said it just closed on the acquisition of Southwest 85 Logistics Center , a property that landed the largest industrial lease in metropolitan Atlanta last year.
GLL Real Estate Partners, the Munich-based real estate investment platform of Macquarie Group, bought the 1.2 million-square-foot distribution and logistics facility in Newnan, Georgia, from Core5 Industrial Partners, the Atlanta firm that developed the building.
Terms of the transaction were not disclosed. The price likely was in the range of $75 million to $87 million - or $62 to 72 per square foot - based on comparable sales of new, fully leased industrial assets in the area. A comparable building at 5000 Bohannon Road, also on Atlanta's Southside, that's fully leased to battery maker Duracell sold in 2017 for $71 per square foot.
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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/Warehouse
Construction 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…)
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