Source: REBUSINESSONLINE NORCROSS, GA. — Cushman & Wakefield has arranged the $126.6 million sale of Gwinnett Commons, a 16-building light industrial park in Norcross. The property comprises 1.2 million square feet and is situated at 1790 Corporate Drive, 22 miles …
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PGIM Real Estate Acquires Industrial Portfolio in $425 Deal
Source: GlobeSt On behalf of its US core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio valued at $425 million. The seller was Crow Holdings. The properties, located in Atlanta, Dallas, Denver, Fort Worth, and …
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U.S. may need another 1 billion square feet of warehouse space by 2025 as e-commerce booms
Source: CNBC With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders. Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to …
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3 things leaders must do to seize opportunity in a post-pandemic economy
Source: Vistage “The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic,” wrote Peter Drucker, revered as the father of modern management. Using logic based on the new economic realities, I would …
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A capital markets update
Source: Vistage As the U.S. slowly reopens and the rate of new coronavirus infections increases, many CEOs of small and midsize businesses are wondering how to navigate the next six months and how to position their businesses for life after …
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Sim Doughtie, President of King Industrial Realty, quoted in ‘Industrial Sector is in Good Health’
Image Source: Southeast Real Estate Business Source: Industrial Sector is in Good Health With millions of Americans working from home amid the pandemic and generally staying away from large group settings, industrial demand for e-commerce has only picked up. Online …
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Zinus USA pledges $108 million investment, 804 jobs in McDonough
Source: Atlanta Business Chronicle A subsidiary of South Korean mattress and furniture maker Zinus Inc. picked Henry County as the site of its first North American advanced manufacturing facility, pledging to invest $108 million and create 804 jobs. Zinus USA Inc. President Ha …
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Moody’s Analytics Q2 Report Gives Mixed Picture on CRE
Article from Globe St. The current pandemic has affected most aspects of the commercial real estate industry, but a Moody’s Analytics report says some sectors have been hit much harder than others. Moody’s looked at the impact on several categories …
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Exploring CBRE’s Midyear Market Report
Source: National Real Estate Investor ( CBRE provided NREI with an early look at its Global Real Estate Market Outlook 2020 Mid-Year Review report. ) The COVID-19 pandemic rages on, with the U.S. remaining one of the worst-hit parts of the globe. …
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Amazon, Walmart, fuel industrial real estate occupancy across Atlanta
Article Source: Atlanta Business Chronicle, Biz Journals While uncertainty continues about demand for office space in the Covid-19 world, developers of Atlanta’s industrial real estate projects seem bullish about their future. Keep on building. Majestic Realty Co. is the latest …
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