Source: Atlanta Business Chronicle Canada’s Granite Real Estate Investment Trust is buying a big new Atlanta distribution center for $80 million. Toronto-based Granite (NYSE: GRP.U) reported it has agreed to acquire 8500 Tatum Road, a 1 million-square-foot modern warehouse distribution facility situated …
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E-Commerce Poised to Anchor Future of Industrial Real Estate
Source: Real Estate Business Online While the commercial real estate industry has experienced many uncertainties during the pandemic, the industrial and logistics market continues to thrive. With the rapid acceleration of e-commerce in the wake of COVID-19, major online retailers …
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Real Estate Notebook: Amazon expands Atlanta operations
Image from Pexels.com Source: Atlanta Business Chronicle Amazon.com Inc. is expanding its Atlanta warehouse operations by turning two aging industrial buildings on the Perimeter into its latest delivery station. The e-commerce giant purchased a 20-acre property in Doraville just north …
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‘Primed’ for Growth: How Amazon and the shift to e-commerce impacts the Atlanta economy
Image from Pexels.com Source: Atlanta Business Chronicle As Amazon.com builds its fulfillment engine across Atlanta, the e-commerce giant has ignited growth amid a mostly bleak COVID-19 economy. First the indirect impact. Consider the amount of industrial space Amazon alone is …
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KKR Acquires 1M-SF Industrial Facility in Metro Atlanta
Source: Connect Atlanta JLL has brokered the sale of a 1,002,150-square-foot warehouse at The Cubes at Bridgeport industrial park in Metro Atlanta’s Coweta County. The buyer, KKR, acquired the facility for an undisclosed price. The 1,002,150-square-foot facility, which was developed …
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Amazon Fires up Atlanta Fulfillment Engine, Pays Record Price for Doraville Site
Source: Atlanta Business Journal Amazon.com Inc. is expanding its Atlanta warehouse operations by turning two aging industrial buildings on the Perimeter into its latest delivery station. The e-commerce giant purchased a 20-acre property in Doraville just north of I-285 on …
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Atlanta Industrial Market Reaches New Record in 2020
Photo from publicdomainpictures.net Source: Atlanta Business Chronicle What impact has Amazon had on the Atlanta industrial market? Who is investing in industrial space? Colliers International recently released its Big-Box Market Report: 2020 Midyear Review and Outlook, which shows that largely …
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CORFAC International Names New CEO, Jonathan Salk
Source: Southeast Real Estate Business DES PLAINES, ILL. — CORFAC International has named Jonathan Salk as CEO of the organization. Salk previously served as executive director. Since joining CORFAC in 2015, he has been responsible for day-to-day operations of the organization …
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US GDP Grows 33.1 Percent in Third Quarter, Beating Expectations
Source: Alex Tostado in District of Columbia, Southeast WASHINGTON, D.C. — The U.S. gross domestic product (GDP) grew 33.1 percent in the third quarter on an annualized basis. Economists surveyed by Dow Jones expected growth to reach 32 percent. The third-quarter growth is …
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Sim Doughtie, President of King Industrial Realty, Presents at 2020 State of Atlanta Conference
2020 State of Atlanta: The New Normal? (Part 2) By Henry J. Wise MAI, CBA, CRE and James Vernor PhD, MAI The State of Atlanta conference was created by the Atlanta Area Chapter of the Appraisal Institute 20 years ago. Its …
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