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GCP sells large industrial portfolio fund in massive $800M deal, announces new fund

GCP sells large industrial portfolio fund in massive $800M deal, announces new fund

By Hanno van der Bijl  – Real Estate Reporter, Birmingham Business Journal Oct 29, 2020, 8:16pm CDT Updated Oct 29, 2020, 10:49pm CDT Original Post from Birmingham Business Journal A private industrial real estate investment company based in Birmingham was involved in one of the country’s largest real estate transactions…

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GCP Acquires 16 Distribution Centers in Southeast for $194M

GCP Acquires 16 Distribution Centers in Southeast for $194M

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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Bham CRE firm closes $49M purchase

Bham CRE firm closes $49M purchase

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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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 GCP 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 area, which…

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