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 …
Read More
Amazon opens its first Georgia ‘robotics fulfillment center’ and two other facilities
Image from Pexels.com Source: Atlanta Business Journal Amazon has taken the next step of its Peach State expansion, opening three new facilities across Georgia, including its first robotics fulfillment center in the state. Amazon said operations have begun at a …
Read More
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. …
Read More
E-Commerce Tenants Continue to Lease Industrial Space as the Holiday Season Approaches
Source: National Real Estate Investor Anticipating a surge in online shopping during the holidays, e-commerce tenants are already prepared to handle the swell in orders, having locked in additional industrial space during the second and third quarters, according to Steve …
Read More
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 …
Read More
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 …
Read More
King Facts 3Q20 Released!
Click to download now
Read More
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 …
Read More
President Sim Doughtie Featured in Atlanta Business Chronicle: E-commerce is Fueling Atlanta’s Industrial Market
Source: Atlanta Business Chronicle There is no question that the Atlanta industrial market is on fire. According to King Industrial Realty’s internal market research and tracking data, 57 million square feet of industrial space was leased or sold between Q3 …
Read More
DHL eCommerce Solutions picks Atlanta for first fully-owned U.S. distribution center
Source: Atlanta Business Chronicle A division of DHL is making a permanent move onto UPS’ home turf, picking Atlanta as the site of its first fully-owned U.S. distribution center. DHL eCommerce Solutions, a division of Deutsche Post DHL Group, purchased a …
Read More