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Atlanta-based cold-storage giant Americold announces $1.7B acquisition

Source: Atlanta Business Chronicle Atlanta-based cold storage giant Americold Realty Trust said Tuesday it will buy privately held Agro Merchants Group, the fourth largest temperature-controlled warehouse company globally, for $1.74 billion. Americold (NYSE: COLD) is the world’s largest publicly traded real estate investment …
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Warehouse employment is at an all-time high

Source: Supply Chain Dive Warehouse employment has surpassed its pre-pandemic level to reach the highest level ever recorded with 1.25 million workers in the warehouse and storage sector in September, according to preliminary numbers from the Bureau of Labor Statistics. …
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Industrial Net Absorption Has Risen 51% So Far This Year

Photo by energepic.com from Pexels Source: Globe Street While the US economy has dangerously slumped for much of the year, demand for industrial space has only continued to increase. Net absorption for bulk industrial space was up 51% to 79.8 million square feet …
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Metro Atlanta Industrial Park Trades for $12M

Image from Pexels.com Source: Connect Media JLL has arranged the $11.6 million sale of Plaza 85 Business Park, a nine-building industrial, office and flex park totaling 191,526 square feet within a Qualified Opportunity Zone in the Metro Atlanta community of …
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Atlanta-area flex park sells for $11.65M to local buyer

JLL Capital Markets closed the sale of the 9-building office and industrial park in Norcross to WePartner  Source: JLL  JLL Capital Markets announced today that it has closed the $11.65 million sale of Plaza 85 Business Park, a nine-building industrial, office …
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