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IN THE NEWS

California Investor Buys Sun Belt Industrial Portfolio Partly Leased to Amazon

A Southern California investor has acquired a package of three newly constructed net-leased industrial buildings in the Sun Belt, two of which are leased to online retail giant Amazon. Preylock Holdings of Los Angeles paid $166.7 million, or nearly $76 per square foot, for the 2.2 million-square-foot portfolio. The portfolio includes Crossroads Business Center, a 1 million-square-foot distribution center at 5705 Campbellton Fairburn Road in Union City, Georgia, near Atlanta. (more…)
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PRESS RELEASES

Newly Formed Core5 Industrial Partners Announces Company Growth Plans

Core5 Logistics Center at Shugart Farms is First Development to Hit Market in Atlanta

ATLANTA, December 28, 2015 – Three of Atlanta’s veteran industrial real estate professionals, in conjunction with Kajima USA Group, announced the formation of Core5 Industrial Partners, a real estate property company focused on development and acquisition of Class A industrial properties. (more…)
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