NEWS

NEWS

IN THE 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…)
Read More
1 … 18 19 20 21 22 … 42

PRESS RELEASES

Core5 Industrial Partners Announces 1.1 Million-Square-Foot Building in Southwest Atlanta

Southwest 85 Logistics Center Set to Immediately Break Ground on 109-Acre Site in the I-85 South Corridor of Metro Atlanta, Georgia ATLANTA, August 16, 2017 – Atlanta-based Core5 Industrial Partners has closed on a 109-acre, fully entitled industrial site at Exit 51 in the I-85/Southwest Atlanta submarket. Core5 will immediately break ground on the development of Southwest 85 Logistics Center, a 1.1 million-square-foot state-of-the-art facility, which is expandable to 1.3 million square feet and has all the attributes of an e-commerce fulfillment center. Delivery of the building is scheduled for the second quarter 2018. (more…)
Read More
1 … 7 8 9 10 11 … 15