Monthly archive for February2019

Feb282019
GCP Acquires 16 Distribution Centers in Southeast for $194M

GCP Acquires 16 Distribution Centers in Southeast for $194M

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BIRMINGHAM, ALA. — GCP has acquired a distribution center portfolio that encompasses 16 facilities, 2.7 million square feet and three states in the Southeast for $194 million. The assets are located in Spartanburg, S.C.; Charlotte and Winston-Salem, N.C.; and Tampa and Orlando, Fla. The exact…

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Feb222019
Bham CRE firm closes $49M purchase

Bham CRE firm closes $49M purchase

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Birmingham’s GCP recently closed on a large purchase in Florida. The industrial real estate company bought an 872,627-square-foot warehouse in Jacksonville, Florida, for $49 million. Wells Fargo provided financing for the transaction. The building, Northport Logistics Center, is occupied by Gildan Activewear and Grimes Logistics…

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