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New Trend: Converting Malls Into Distribution Centers

Source: National Real Estate Investor Simon Property Group, Inc., the largest shopping mall operator in the United States, has entered into talks with Amazon about converting unused shopping mall space into distribution centers (DCs), according to a recent report from the Wall Street …
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Bang Energy to invest $145 million in Lithia Springs facility

Source: Atlanta Business Chronicle Sports beverage company Bang Energy picked Lithia Springs as the site of its first Southeastern manufacturing and distribution facility. The Weston, Fla.-based manufacturer will invest $145 million to build a 644,000-square-foot facility at 7705 Staples Drive …
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The New Normal for Office Marketing

Source: Globe Street While Hines’ Senior Managing Director John Heagy was able to close a massive deal with Microsoft at the 523,000 square-foot Atlantic Yards office development in West Midtown Atlanta in May, he admits COVID has upended the office leasing process. …
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Walmart Delivery Drones Take To The Sky

Source: BISNOW Walmart is planning to launch a test of drone delivery in a limited area near the company’s headquarters in northwest Arkansas. For now, the program will use drones to deliver various health and wellness products within a 50-mile radius of the …
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KKR Snags Last-Mile Facility Near Atlanta Airport for $22M

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 …
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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 …
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