NEWS

NEWS

Media Releases Category: Company News

Atlanta’s Largest 2018 Industrial Lease

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.   (more…)
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South Florida Distribution Center

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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Newly Formed Core5 Industrial Partners Announces Company Growth Plans

Core5 Logistics Center at Shugart Farms is First Development to Hit Market in Atlanta

ATLANTA, December 28, 2015 – Three of Atlanta’s veteran industrial real estate professionals, in conjunction with Kajima USA Group, announced the formation of Core5 Industrial Partners, a real estate property company focused on development and acquisition of Class A industrial properties. (more…)
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Core5 Selects Cushman & Wakefield’s Atlanta Industrial Team

Cushman & Wakefield’s Pat Murphy and Ray Stache Lead Leasing Efforts

ATLANTA, Jan. 07, 2015 – Cushman & Wakefield’s Atlanta industrial team has been selected by Core5 Industrial Partners to provide agency leasing services for Core5’s recently announced, 873,800-square-foot state-of-the-art distribution building in Fairburn, Ga. (more…)
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