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 on 83.5 acres in Palmetto, about 30 minutes south of downtown Atlanta. The state-of-the-art facility […]
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 are picking up large warehousing and manufacturing spaces to keep up with the surge in […]