Atlanta-based Core5 Industrial Partners has closed on a 109-acre, fully entitled industrial site at Exit 51 in the I-85/Southwest Atlanta submarket. Core5 will immediately break ground on the development of Southwest 85 Logistics Center, a 1.1 million-square-foot state-of-the-art facility, which is expandable to 1.3 million square feet and has all the attributes of an e-commerce fulfillment center. Delivery of the building is scheduled for the second quarter 2018.
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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. Read More« Previous1…3334353637…42Next »
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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