Image from Pexels.com Source: Connect Media JLL has arranged the $11.6 million sale of Plaza 85 Business Park, a nine-building industrial, office and flex park totaling 191,526 square feet within a Qualified Opportunity Zone in the Metro Atlanta community of …
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King Facts 3Q20 Released!
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Atlanta-area flex park sells for $11.65M to local buyer
JLL Capital Markets closed the sale of the 9-building office and industrial park in Norcross to WePartner Source: JLL JLL Capital Markets announced today that it has closed the $11.65 million sale of Plaza 85 Business Park, a nine-building industrial, office …
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President Sim Doughtie Featured in Atlanta Business Chronicle: E-commerce is Fueling Atlanta’s Industrial Market
Source: Atlanta Business Chronicle There is no question that the Atlanta industrial market is on fire. According to King Industrial Realty’s internal market research and tracking data, 57 million square feet of industrial space was leased or sold between Q3 …
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DHL eCommerce Solutions picks Atlanta for first fully-owned U.S. distribution center
Source: Atlanta Business Chronicle A division of DHL is making a permanent move onto UPS’ home turf, picking Atlanta as the site of its first fully-owned U.S. distribution center. DHL eCommerce Solutions, a division of Deutsche Post DHL Group, purchased a …
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E-commerce giant Radial Inc. to invest $40M in new Henry County fulfillment center
Source: Atlanta Business Chronicle Radial Inc., an international e-commerce company based in Pennsylvania and Amazon’s biggest competitor, will invest $40 million to open a new fulfillment center in Locust Grove, Ga. The center is expected to create 344 full-time job opportunities …
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Amazon To Build 1,500 New Last-Mile Warehouses In Arms Race With Walmart
Image from Pexels.com Source: BISNOW Amazon could be looking to add comprehensive last-mile warehouse coverage to major markets on a heretofore unheard-of scale. Having largely recovered from the shipping delays precipitated by the outbreak of the coronavirus, Amazon is on a …
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Trammell Crow Developing 615K SF Distribution Center For Home Depot
Source: BISNOW Trammell Crow has snagged a hometown home improvement retailer to kick off a new industrial park off Interstate 20. The Home Depot has inked a deal for a 615K SF build-to-suit distribution center at Stonecrest Business Park, a planned …
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Pandemic Creates Surging Demand for Cold Storage Industrial
Source: Globe St. The new demand will require that food-delivery service companies re-structure their supply chain and expand their real estate footprint. Once again, the industrial sector seems to be the biggest beneficiary of the pandemic. While e-commerce companies in …
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Prologis Says The Great Retail-To-Logistics Conversion May Be Overhyped
Source: BISNOW A new research report from the world’s largest owner of industrial property has concluded that the much-anticipated trend of converting retail assets to last-mile logistics might actually be a bit of a damp squib. In its report, Logistics Real …
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