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Georgia Saw Decrease in Unemployment Rate in October

Source: WRGA News Governor Brian P. Kemp and the Georgia Department of Labor today announced that Georgia’s unemployment rate in October dropped 1.8%, bringing the current unemployment rate to 4.5%, down more than 8% since the state’s all-time high in …
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U.S. Census: An estimated 284,541 people moved to Georgia in 2019

Photo from Pexels.com Source: Atlanta Business Chronicle The U.S. Census Bureau just released new statistics that highlight geographic mobility in the United States in 2019. According to the new data, the top 10 states that Americans moved to were Florida, 601,611; Texas, …
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Canada’s Granite REIT buying Atlanta PVH distribution center for $80M

Source: Atlanta Business Chronicle Canada’s Granite Real Estate Investment Trust is buying a big new Atlanta distribution center for $80 million. Toronto-based Granite (NYSE: GRP.U) reported it has agreed to acquire 8500 Tatum Road, a 1 million-square-foot modern warehouse distribution facility situated …
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E-Commerce Poised to Anchor Future of Industrial Real Estate

Source: Real Estate Business Online While the commercial real estate industry has experienced many uncertainties during the pandemic, the industrial and logistics market continues to thrive. With the rapid acceleration of e-commerce in the wake of COVID-19, major online retailers …
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Real Estate Notebook: Amazon expands Atlanta operations

Image from Pexels.com Source: Atlanta Business Chronicle Amazon.com Inc. is expanding its Atlanta warehouse operations by turning two aging industrial buildings on the Perimeter into its latest delivery station. The e-commerce giant purchased a 20-acre property in Doraville just north …
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KKR Acquires 1M-SF Industrial Facility in Metro Atlanta

Source: Connect Atlanta JLL has brokered the sale of a 1,002,150-square-foot warehouse at The Cubes at Bridgeport industrial park in Metro Atlanta’s Coweta County. The buyer, KKR, acquired the facility for an undisclosed price. The 1,002,150-square-foot facility, which was developed …
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Atlanta Industrial Market Reaches New Record in 2020

Photo from publicdomainpictures.net Source: Atlanta Business Chronicle What impact has Amazon had on the Atlanta industrial market? Who is investing in industrial space? Colliers International recently released its Big-Box Market Report: 2020 Midyear Review and Outlook, which shows that largely …
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