Warehouse ceilings may be reaching farther into the sky, but it is not necessarily because tenants are demanding it.
“We are building 40-foot clear [ceiling heights]. We have not had a tenant to date utilize that,” Core5 Industrial Partners Managing Director Lisa Ward said.
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An online retailer has snapped up a huge industrial complex in southern Dallas County.
VMInnovations - a digital retailer that sells a variety of brand-name products for home and garden, sports and outdoors and electronics - is leasing 416,891 in a new industrial building on Wintergreen Road in Hutchins.
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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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