Source: Marine Log The Port of Savannah today welcomed the 15,072 TEU CMA CGM Brazil, the largest ship to ever call the U.S. East Coast. A total of 5,600 TEU of containers will be moved on and off the giant ship during …
Read More
Uncategorized
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 …
Read More
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. …
Read More
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 …
Read More
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 …
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