Warehouse ceilings may be reaching farther into the sky, but it is not necessarily because tenants are demanding it.
“We are building 40-foot clear [ceiling heights]. We have not had a tenant to date utilize that,” Core5 Industrial Partners Managing Director Lisa Ward said.
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An online retailer has snapped up a huge industrial complex in southern Dallas County.
VMInnovations - a digital retailer that sells a variety of brand-name products for home and garden, sports and outdoors and electronics - is leasing 416,891 in a new industrial building on Wintergreen Road in Hutchins.
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ATLANTA, May 2, 2018 – Atlanta-based Core5 Industrial Partners announced today a 601,350 square-foot build-to-suit for Empire Distributors, Inc. a wholesale beverage distributor that serves three states in the Southeast (GA, TN and NC) and represents over 1,000 brands from around the world. The building resides at 685 Hartman Road in Austell, Georgia. The facility is an expansion for Empire, moving from approximately 300,000 square feet in Atlanta Industrial Park in Fulton County to the new building in Southwest Cobb County. Empire’s corporate headquarters and its regional distribution operations will be housed in the facility which will feature over 80,000 square feet of two-story office space alongside dedicated cooler and distribution space. The entire building will be climate controlled to maintain the high quality of inventory stored. Empire will employ a workforce of over 440 people with anticipated growth to over 510 employees within ten years. The facility plans to be fully operational by the fourth quarter of 2018. Anticipated investment in building and equipment is over $52 million.
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