By Douglas Sams – Commercial Real Estate Editor, Atlanta Business Chronicle Atlanta is the most favorable market for commercial development in the country, boosted by low costs and a strong university system, according to a new report from real estate services company CBRE …
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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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Hines Breaks Ground on 97-Acre Industrial Project in Bartow County
Image Source: Connect Media Source: Connect Media International real estate firm Hines has broken ground on Busch Logistics Park, a 97-acre industrial project spanning two buildings and nearly 732,000 square feet in Bartow County. The project is Hines’ first Atlanta-area …
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Exit from Pandemic Will Mirror a Butterfly’s Flight Path, Says Economist Peter Linneman
Source: REBusiness Online The U.S. economy’s exit from the COVID-19 pandemic will mirror the flight path of a butterfly, according to economist Dr. Peter Linneman. In other words, it will move forward but also up, down and sideways — quite …
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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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1.2 Million Square Feet Leased in the 4th Quarter for King Industrial’s I-20/ Fulton Industrial Office
767 Douglas Hill Rd. – 342,200 sqft The Southwest/Fulton Industrial Submarket Office of King Industrial Realty (Wilson Covington, SIOR; Randall Bryan, SIOR; Brad Bays, SIOR; & Bob Stephens) continued to lead the way during the fourth quarter of 2020 in …
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President Sim Doughtie Quoted in Atlanta Business Chronicle: Atlanta office market leaders voice optimism; industrial growth expected to continue
Source: Atlanta Business Chronicle Image from Atlanta Business Chronicle As Atlanta moves into a new year, the question on everyone’s mind is what long-term impact will the pandemic have on commercial real estate? The answer is less than many originally …
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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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