Core5’s Dallas team recently sponsored CBRE’s 20th Chefs Showcase to help TX-area kids living with chronic illnesses and physical challenges. Thanks, CBRE, for the opportunity to serve the Dallas region!
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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.
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873,800 SF Core5 Logistics Center at Shugart Farms Purchased by Private Investor
ATLANTA, June 19, 2017 – Atlanta-based Core5 Industrial Partners announced today the recent sale of their initial development in Metro Atlanta, 873,800-square-foot Core5 Logistics Center at Shugart Farms, to a private institutional investor. The high cube logistic facility completed construction in early 2017 and is fully leased on a long-term basis to The Duracell Company, a wholly-owned subsidiary of Berkshire Hathaway.
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