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. …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Source: GlobeSt On behalf of its US core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio valued at $425 million. The seller was Crow Holdings. The properties, located in Atlanta, Dallas, Denver, Fort Worth, and …

Source: CNBC With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders.  Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to …