Source: Connect Atlanta KKR has acquired Atlanta Last-Mile Center, a recently renovated, 205,541-square-foot, last-mile industrial facility adjacent to Hartsfield-Jackson International Airport in Atlanta. The sales price was $21.7 million. Located on nearly 30 acres at 2750 Sullivan Rd., the facility …
Read More
Trammell Crow gets $3.8M tax break to build Home Depot distribution center
Source: Atlanta Business Chronicle Developer Trammell Crow will receive a $3.8 million tax abatement to build a new Home Depot distribution center in the city of Stonecrest, but the final tally on tax incentives for the facility is not yet …
Read More
Amazon, Big-Box Chains, 3PLs Among the Most Rapidly Expanding Industrial Tenants
Image from Pexels.com Source: National Real Estate Investor Online sales shot up during the COVID-19 quarantine, causing many companies to rethink their logistics strategies. As a result, a number of e-commerce players are aggressively expanding their physical footprints to improve their fulfillment …
Read More
Road to Recovery: Private Capital, Supply Chain, and the Economy Ahead
Image Source: Balentine Source: Balentine This Road to Recovery series hosts discussions around long-term implications for business owners. Topics include private capital, supply chain, and the economy ahead. The latest discussion featured Vistage’s Joe Galvin, Frank Blake (former CEO of …
Read More
Amazon to expand its e-commerce network with latest Doraville project
Source: Atlanta Business Chronicle Amazon.com Inc. continues revving up its fulfillment center engine across Atlanta, with a new project in the works along the Perimeter. Amazon is considering a 20-acre industrial property just north of I-285 on the Gwinnett-DeKalb county …
Read More
Cushman & Wakefield Arranges $126.6M Sale of Industrial Park in Metro Atlanta
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 …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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 …
Read More