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 Leases 416,891 Square Feet to VMInnovations in Core5 Logistics Center at Wintergreen in South Dallas Market
June 18, 2018 – Core5 Industrial Partners announced today a 416,891-square-foot lease in their Core5 Logistics Center at Wintergreen location in South Dallas to VMInnovations, an online retailer that sells a variety of brand-name products in categories including baby and kids, home and garden, sports and outdoors, and electronics. The company’s new South Dallas location will provide order fulfillment to locations across the South.
Core5 Logistics Center at Wintergreen is located on a 43-acre site in Hutchins, Texas ½ mile from the intersection of Wintergreen Road and I-45. The 754,897-square-foot building has 337,406 square feet remaining available for lease. The VMInnovations lease is the first Core5 lease in the Dallas market.
“With immediate gateway access to north and south bound travel, the site has excellent access to the DFW metro’s major thoroughfares I-45, I-20 and I-35E which are used for both local and regional distribution,” states John Leinbaugh, Vice President Investments for Core5.
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