For Immediate ReleaseCore5 Industrial Partners Announces Leadership Transition PlanTim Gunter to Retire in 2027; Linda Booker Appointed President Effective January 1, 2026
ATLANTA, January 6, 2026 – Atlanta-based Core5 Industrial Partners today announced a leadership transition including plans for Chief Executive Officer, Tim Gunter, to retire in March 2027. As part of this transition, Linda Booker, Core5’s current Executive Vice President and Chief Financial Officer, will be promoted to President effective January 1, 2026. She will assume responsibility for all day-to-day operations of the company including real estate development, asset management and investments, and legal. Tim Gunter will remain CEO through February 2027 to ensure continuity and a smooth transition. Additionally, Jennifer Jones, Core5’s Vice President of Finance, will be promoted to Senior Vice President and Chief Financial Officer effective January 1, 2026.
Tim Gunter has been a long-standing leader at Core5 and worked closely with Kajima as a key architect of the original business plan that laid the foundation for Core5. Alongside Linda Booker, Tim helped shape the strategic vision that has guided the company through multiple phases of growth, each grounded in strong values, disciplined execution, and deep expertise in industrial real estate development.
Linda Booker, who will assume the role of President, has been instrumental in Core5’s success since its inception. A key factor in this leadership transition is Linda’s deep and longstanding experience with Kajima, having worked with the organization for more than 30 years, as well as her role as a founder of Core5—providing exceptional continuity for the company, its partners, and its strategic vision. Linda began her career in public accounting at KPMG, where she discovered her passion for commercial real estate. During her tenure at IDI, Core5’s predecessor, she rose to the role of Chief Financial Officer and led the company through the 2008 financial crisis as both a borrower and a real estate developer. Her approach during that challenging period helped to solidify the company’s stellar reputation and foster long-standing relationships that remain strong today.
Jennifer Jones’ promotion to Senior Vice President and Chief Financial Officer further strengthens Core5’s leadership team as the company looks to its next chapter of growth. Jennifer is also a long-standing employee of Core5, having been a team member for 10 years, as well as an employee of IDI for the 10 years prior to joining Core5.
“This transition reflects our thoughtful, long-term approach to leadership and succession,” said Tim Gunter. “Linda’s deep financial expertise, strategic insight, and unwavering commitment to our values make her the ideal leader to guide Core5’s daily operations well into the future.”
“I am honored to take the helm of Core5, a company rooted in its core values and guiding principles,” said Linda Booker. “With Kajima’s unwavering support for our Business Plan and strategic direction, Core5 is poised to continue the success we’ve had in the past and capitalize on the steady industrial demand in the future.”
About Core5 Industrial Partners
Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Maryland, Memphis, Nashville, Pennsylvania, Phoenix, San Antonio, Savannah and South New Jersey with expansion plans to additional key logistic hubs in the US. Founded in 2015, the company has developed or begun construction on 56 million square feet since inception.
Immediate access to capital, coupled with the ability to financially support deals on their balance sheet without utilizing third party resources on most transactions, Core5 executes quickly without layers of bureaucratic, time-consuming processes. The company is privately held by over 185-year-old Japanese-based Kajima Corp – one of the world’s largest construction and development companies with whom C5 leadership has sustained a 35+ year working relationship.
Named for its five core principles, the company values are centered around a highly flexible entrepreneurial spirit promising follow through on commitments with an emphasis on relationships, excellence in quality, attention to detail and quick decision making. For more information on Core5 Industrial Partners, visit www.c5ip.com.
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Core5 Industrial Partners Announces Lisa Ward’s Retirement
Industry Veteran and Original Core5 Founding Member Retiring in July 2025
ATLANTA, December 5, 2024 – Atlanta-based Core5 Industrial Partners announces the retirement of Lisa Ward from Core5, a wholly-owned subsidiary of Kajima USA, Inc., effective July 15, 2025. She will wind down day-to-day oversight of the Southeast region at the end of 2024 and will stay on through July 15, 2025, in an advisory role.
Lisa Ward has a long history with Kajima and the executive team of Core5, being one of the original founding employees of IDI, formerly owned by Kajima, and one of the original executives with Core5 when the company began operations in 2015. Lisa excelled in her many roles at IDI over her 25 years there, frequently being awarded the top industrial landlord representative in Georgia by the Atlanta Commercial Board of REALTORS. She went on to lead the Southeast Region of DCT, as Senior Vice President and Managing Director, overseeing capital deployment and placing her strategic guidance on improving the portfolio’s operating metrics, as well as executing the largest build-to-suit project in DCT’s history for JM Smucker’s totaling over 1 MSF in Fairburn, GA. At Core5, Lisa oversees the operations of the Southeast Region, including Atlanta, Memphis, Nashville, and Savannah. She played a pivotal role in starting the development platform for the company, responsible for the entitlement and acquisition of 2,400 acres of land along with the development of 19.2 MSF of Class-A logistics facilities during her tenure. Core5, under Lisa’s stewardship, has consistently been named in the top three industrial developers in Georgia by the Atlanta Business Chronicle and winner of Industrial Deal of the Year in Atlanta Business Chronicle's Best in Atlanta Real Estate Awards in 2018, for a 1.2 MSF build-to-suit for SaddleCreek.
Lisa placed significant emphasis on performing to the highest level of professionalism and quality in everything she touched. While we will miss Lisa and her contributions to Core5 and the industry, we wish for her continued health, happiness, and success in her future endeavors.
With Lisa’s departure, we announce the appointment of the following:
Rodney Davidson will assume the role of Senior Vice President and Managing Director of the Southeast region.
Mitchell Townsend will replace Rodney Davidson’s previous role as Vice President of Investments, focusing on leasing the Southeast region’s portfolio.
About Core5 Industrial Partners
Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Maryland, Memphis, Nashville, Pennsylvania, Phoenix, San Antonio, Savannah and South New Jersey with expansion plans to additional key logistic hubs in the US. Founded in 2015, the company has developed or begun construction on 51 million square feet since inception.
Immediate access to capital, coupled with the ability to financially support deals on their balance sheet without utilizing third party resources on most transactions, Core5 executes quickly without layers of bureaucratic, time-consuming processes. The company is privately held by over 180-year-old Japanese-based Kajima Corp – one of the world’s largest A credit-rated construction companies with whom C5 leadership has sustained a 30+ year working relationship.
Named for its five core principles, the company values are centered around a highly flexible entrepreneurial spirit promising follow through on commitments with an emphasis on relationships, excellence in quality, attention to detail and quick decision making. For more information on Core5 Industrial Partners, visit c5ip.com.
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Core5 Industrial Partners Announces Two Speculative Buildings Near the Port of Savannah
Effingham Business Center Set to Immediately Break Ground on a 121-Acre Site in Effingham County.
ATLANTA, October 11, 2023 – Atlanta-based Core5 Industrial Partners closed on a 121-acre park located less than 9.5 miles from the Georgia Ports Authority’s Garden City Terminal. Core5 will immediately break ground on the development of Effingham Business Center, located in unincorporated Effingham County on Old Augusta Road, and only 10 miles from Savannah International Airport. The park features a 401,760-square-foot rear-load building, which will accommodate tenants 100,000 square feet and higher and a 362,880-square-foot front-load building, designed to accommodate tenants of 150,000 square feet and higher. Both buildings feature 36’ clear heights, ample auto parking and 185’ truck courts. Delivery of both buildings is scheduled for the first quarter of 2025 and will be move-ready with make-ready office, lights and dock equipment in-place at completion.
“With close proximity to the Port as well as Hyundai’s Metaplant America and its suppliers, Effingham Business Center is strategically located to meet the needs of a broad range of occupiers in the Savannah market. The project is only five miles away from I-95 and 14.3 miles from I-16,” states Rodney Davidson, Vice President Investments for Core5. “Core5 is very bullish on the Savannah market, given the Georgia Ports Authority approved plan to invest over $4.5 billion over the next 12 years to expand and improve operations, we believe Savannah will become an even more important gateway for occupiers, stated Lisa Ward, Senior Vice President with Core5.
CBRE’s Savannah office will handle leasing efforts on behalf of Core5 for both buildings.
About Core5 Industrial Partners
Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Chicago, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Maryland, Memphis, Nashville, Pennsylvania, Phoenix, San Antonio, Savannah and South New Jersey with expansion plans to additional key logistic hubs in the US. Founded in 2015, the company has developed or begun construction on 43 million square feet since inception.
Immediate access to capital, coupled with the ability to financially support deals on their balance sheet without utilizing third party resources on most transactions, Core5 executes quickly without layers of bureaucratic, time-consuming processes. The company is privately held by 180-year-old Japanese-based Kajima Corp – one of the world’s largest A credit-rated construction companies with whom C5 leadership has sustained a 30+ year working relationship.
Named for its five core principles, the company values are centered around a highly flexible entrepreneurial spirit promising follow through on commitments with an emphasis on relationships, excellence in quality, attention to detail and quick decision making. For more information on Core5 Industrial Partners, visit c5ip.com.
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