Archive for News

Bham real estate firm makes $19M North Carolina deal

Bham real estate firm makes $19M North Carolina deal

Birmingham-based commercial real estate company GCP sold a large industrial property in Charlotte, N.C., for $19.55 million. GCP said it sold 2100 The Oaks Parkway, a two-building 125,213-square-foot Class A warehouse and office campus. The buyer was the tenant at the property, Vallen Distribution Inc….

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Birmingham’s GCP makes another Atlanta deal

Birmingham’s GCP makes another Atlanta deal

Birmingham-based GCP recently acquired a large industrial property in the Atlanta area. The company said it purchased 2165 Northmont Parkway for $12.5 million. The facility is a 185,745-square-foot building located in Duluth. Reliant Real Estate Partners represented GCP in the deal, and will handle leasing….

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Which are the best-performing industries on the Birmingham 100?

Which are the best-performing industries on the Birmingham 100?

The BBJ’s Birmingham 100 research pinpoints the industries that accounted for the strongest revenue growth in the Magic City over the past year. (Subscription required to read full article) View original article from Birmingham Business Journal here

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GCP Buys Home Depot-Leased Industrial Building Near Port of Savannah for $34.8M

GCP Buys Home Depot-Leased Industrial Building Near Port of Savannah for $34.8M

SAVANNAH, GA. — GCP has acquired 150 Portside Court, an 800,000-square-foot industrial facility in Savannah, for $34.8 million. Located within the Port Logistics Center at Crossroads, the facility is less than five miles from the Port of Savannah. The building is fully leased to The…

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2018 Top Industrial Owners

2018 Top Industrial Owners

The listing of the top owners of industrial real estate was compiled using responses to an online survey, earnings reports and company websites. It is based on the total size of the companies’ global portfolios as of Dec. 31, 2017. View original article from nreionline.com…

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Bham CRE firm acquires massive industrial property

Bham CRE firm acquires massive industrial property

The 800,000-square-foot deal brings the young company’s total assets to $450 million. (Subscription required to read full article) View original article from Birmingham Business Journal here

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Birmingham’s GCP completes large industrial lease

Birmingham’s GCP completes large industrial lease

Birmingham-based Graham Commercial Properties recently landed an enormous real estate transaction. The company said it signed a lease for 431,035 square feet at the Legacy Park West property in Rock Hill, South Carolina. It is one of the largest industrial real estate transactions in the…

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GCP Acquires 411,056 SF Industrial Campus in Atlanta for $17.1M

GCP Acquires 411,056 SF Industrial Campus in Atlanta for $17.1M

ATLANTA — Birmingham, Ala.-based GCP has acquired 6047 and 6049 Fulton Industrial in Atlanta for $17.1 million. The adjacent, rail-served buildings total 411,056 square feet and serve as light manufacturing and distribution warehouses. At the time of sale, the buildings were leased to two national…

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GCP Secures $60M Refinancing from MetLife for Seven-Property Industrial Portfolio in Southeast

GCP Secures $60M Refinancing from MetLife for Seven-Property Industrial Portfolio in Southeast

Birmingham-based GCP has secured a $60 million loan from MetLife for the refinancing of a seven-property industrial portfolio located throughout Atlanta, Charlotte, Alabama and Florida. Speake Financial advised GCP on the 10-year, fixed-rate loan. The properties comprise nearly 1.8 million square feet of GCP’s 7.2…

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LegacyPark West sells to Alabama firm for $34M

LegacyPark West sells to Alabama firm for $34M

A recently delivered industrial park in York County has been sold for $34 million. GCP out of Birmingham, Ala., has once again bought into the Charlotte region with the acquisition of LegacyPark West in Rock Hill, which includes a 126,000-square-foot facility fully leased to Elite…

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