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.

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 Home Depot and is a key component of the home […]

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 is considered a part of the Charlotte, North Carolina, metro […]

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 million square foot inventory across the Southeast. The refinanced portfolio […]

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 Legacy Park West in Rock Hill, which includes a 126,000-square-foot facility fully leased to Elite Logistics and a second 432,000-square-foot building that is being […]

A Birmingham real estate firm just secured a significant amount of credit to continue expanding its footprint across the South. Graham Commercial Properties has secured a $200 million line of credit with Wells Fargo N.A. to use on acquisitions in high-growth markets in the Southeast. “We’re pleased to announce this new credit agreement which will […]

First came the Latin American money. And now comes a big ol’ bank loan that will help a Birmingham, Alabama-based industrial investor buy a lot more warehouses in the Southeast, especially Atlanta. GCP has just secured a $200M line of credit with Wells Fargo for its industrial buying spree. That comes on the heels of […]

Latin American investors are increasingly looking at the U.S. as a safe place to grow their capital, and the Southeast industrial real estate market is benefiting from it. U.S. foreign direct investment led all countries last year, totaling a record $348 billion, according to this U.S. Department of Commerce study. Approximately 80 percent of that […]

Purchase expands GCP’s metro Atlanta holdings to 1.2 million square feet ATLANTA (April 12, 2016) – Birmingham, Ala.-based Graham Commercial Properties (GCP) purchased a three-property portfolio of industrial buildings for $53.25 million, expanding the company’s Atlanta holdings fivefold. The acquisition is part of a Southeast expansion GCP has in the works over the next 12 […]