NEWS

NEWS

IN THE NEWS

Duracell Powers One of the Priciest Deals Ever for an Atlanta Warehouse

The Atlanta-based industrial developer sold its Core5 Logistics Center at Shugart Farms for $62M to an undisclosed buyer. At that price, the 874K SF warehouse not only is the highest price paid so far this year for an industrial property, it is also the fourth-highest price ever paid in Metro Atlanta for one, according to CoStar data.
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Core5 Industrial Partners Sells Logistics Center in Metro Atlanta for $62M

FAIRBURN, GA. — Core5 Industrial Partners has sold Core5 Logistics Center at Shugart Farms, an 873,800-square-foot industrial facility located in Fairburn, roughly 20 miles south of Atlanta, for $62 million. Chris Riley, Frank Fallon and Trey Barry of CBRE represented Atlanta-based Core5 in the sale to a private institutional investor. The logistics facility was constructed in early 2017 and was fully leased to The Duracell Co. at the time of sale.
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PRESS RELEASES

Core5 Partners With MedShare

Members of the Core5 Atlanta team partnered with MedShare to inventory and package medical supplies for new mothers and babies in Africa, South America, and Central America. Healthy moms and healthy newborns lead to a healthy community. Core5 was glad to be a part of this effort.
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