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Exeter Property Group Trades to Swedish PE Firm for $1.9B

Source: Connect Media Swedish private equity firm EQT has agreed to acquire Exeter Property Group for approximately US$1.9 billion. The combination with Conshohocken, PA-based Exeter will create “a scaled, global real estate investment platform, adding one of the largest and …
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Atlanta-area Home Depot distribution center bought for $97M

Monmouth Real Estate Investment Corp. (NYSE:MNR) acquired the new 657,518-square-foot building located at 3150 Highway 42 in Locust Grove, Ga. Image Source: Press Release Source: Atlanta Business Chronicle A big Atlanta-area distribution building leased to The Home Depot has been …
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Georgia economic development chief: Momentum means optimism for 2021

Source: Atlanta Business Chronicle Despite 2020’s uncertain realities and significant change, Georgia turned those 2020 buzzwords – “pivot,” “adapt,” even “unprecedented” – into good news. By partnering with our employers and communities in confronting challenges from COVID-19 head-on, we’ve regained …
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Speculative Cold Building Development: Trends and Strategies

Source: NAIOP Image Source: Pexels.com This sector of industrial was booming even before the pandemic, and future demand is expected to soar even higher. In the age of one-hour package shipments, the infrastructure needed to serve a growing on-demand culture is …
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Economic Forecast 2021: Atlanta will recover faster than the nation

Source: Atlanta Business Chronicle Atlanta’s recovery from the economic impact of the COVID-19 pandemic will outpace the nation’s in 2021, driven by the metro area’s educated workforce, consistent business development and innovation, above-average population growth and strong housing market, according …
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