Empire Distribution to Relocate Atlanta HQ
Core5 Industrial Partners has sold a newly constructed industrial asset near Atlanta to Empire Distributors, a beverage distributor. The buyer paid $36.7 million for the 601,350-square-foot built-to-suit property, according to Cobb County records.
The new owner plans to move into its new headquarters in the fourth quarter of 2018, following the completion of interior build-out work. Empire’s total investment in the structure is anticipated to be more than $52 million.