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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 …

Source: Connect Commercial Real Estate Gap Inc. plans to phase out its shopping mall presence, closing 350 Gap and Banana Republic mall locations by 2024. The closures, representing 30% of the combined store count for the two brands, are expected …

King Industrial Realty has released its Overview and Point of View for 3Q20. Download now to read the third quarter industry highlights! Download the Third Quarter Overview Download the Point of View 3Q20

Source: Globe Street Right now, there are nearly 400 vaccines for Covid-19 in development. When some of those are approved for widespread use, they’ll need to be stored and distributed from temperature-controlled spaces. Companies are already lining up giant cold …

Source: CoStar Core5 Industrial Partners has broken ground on a speculative distribution center in Buford, Georgia, it said will be ideally positioned to serve the Atlanta area and greater Southeast region once it’s completed next year. The Atlanta-based industrial owner …

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 …

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 …

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. …

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 …

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 …