NEWS

NEWS

IN THE NEWS

Core5 Sells 279,356-SF Building Located in McKinney, TX to United Pacific Industries

Core5 Industrial Partners recently concluded the successful sale of a state-of-the-art class A industrial facility located in McKinney, Texas. The buyer, United Pacific Industries based in California, has acquired the facility which further expands their presence in the Texas region. This transaction showcases Core5's commitment to delivering high-quality industrial spaces to meet the evolving needs of industry leaders like United Pacific Industries.
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Core5 Leases 957,400-SF Building to Barrett Distribution Centers

ATLANTA, April 6, 2023 – Atlanta-based Core5 Industrial Partners announced today a full-building lease at I-269 Logistics Center Building D located in Byhalia, Mississippi to Barrett Distribution Centers, a provider of customized third-party logistics, omnichannel distribution, transportation, and direct-to-consumer eCommerce fulfillment services for clients across all industries, such as apparel and footwear, health and beauty, consumer packaged goods, consumer electronics, food, candy, grocery, and automotive. The 957,400-square-foot cross-dock building was delivered in November 2022 and Barrett Distribution is scheduled to occupy the building in April 2023. I-269 Logistics Center Building D is located on a 70-acre site located at Highway 302 and I-269 in Marshall County. (more…)


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PRESS RELEASES

Core5 Industrial Partners Announces Two Speculative Buildings Near the Port of Savannah

Core5 Industrial Partners Announces Two Speculative Buildings Near the Port of Savannah Effingham Business Center Set to Immediately Break Ground on a 121-Acre Site in Effingham County. ATLANTA, October 11, 2023 – Atlanta-based Core5 Industrial Partners closed on a 121-acre park located less than 9.5 miles from the Georgia Ports Authority’s Garden City Terminal. Core5 will immediately break ground on the development of Effingham Business Center, located in unincorporated Effingham County on Old Augusta Road, and only 10 miles from Savannah International Airport. The park features a 401,760-square-foot rear-load building, which will accommodate tenants 100,000 square feet and higher and a 362,880-square-foot front-load building, designed to accommodate tenants of 150,000 square feet and higher. Both buildings feature 36’ clear heights, ample auto parking and 185’ truck courts. Delivery of both buildings is scheduled for the first quarter of 2025 and will be move-ready with make-ready office, lights and dock equipment in-place at completion. “With close proximity to the Port as well as Hyundai’s Metaplant America and its suppliers, Effingham Business Center is strategically located to meet the needs of a broad range of occupiers in the Savannah market. The project is only five miles away from I-95 and 14.3 miles from I-16,” states Rodney Davidson, Vice President Investments for Core5. “Core5 is very bullish on the Savannah market, given the Georgia Ports Authority approved plan to invest over $4.5 billion over the next 12 years to expand and improve operations, we believe Savannah will become an even more important gateway for occupiers, stated Lisa Ward, Senior Vice President with Core5. CBRE’s Savannah office will handle leasing efforts on behalf of Core5 for both buildings. About Core5 Industrial Partners Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Chicago, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Maryland, Memphis, Nashville, Pennsylvania, Phoenix, San Antonio, Savannah and South New Jersey with expansion plans to additional key logistic hubs in the US. Founded in 2015, the company has developed or begun construction on 43 million square feet since inception. Immediate access to capital, coupled with the ability to financially support deals on their balance sheet without utilizing third party resources on most transactions, Core5 executes quickly without layers of bureaucratic, time-consuming processes. The company is privately held by 180-year-old Japanese-based Kajima Corp – one of the world’s largest A credit-rated construction companies with whom C5 leadership has sustained a 30+ year working relationship. Named for its five core principles, the company values are centered around a highly flexible entrepreneurial spirit promising follow through on commitments with an emphasis on relationships, excellence in quality, attention to detail and quick decision making. For more information on Core5 Industrial Partners, visit www.c5ip.com. ###
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