By John Nelson, REBusinessOnline Posted on October 20, 2022 Original Post from REBusinessOnline MCDONOUGH AND JONESBORO, GA. — A partnership between Birmingham, Ala.-based Growth Capital Partners (GCP) and AEW Capital Management LP has purchased a 2.9 million-square-foot industrial portfolio in Atlanta’s I-75 South industrial submarket. The seller and sales price were not disclosed. The portfolio […]

By Illyshia Parker – Commercial Real Estate Reporter, Birmingham Business Journal Original Post from Birmingham Business Journal Growth Capital Partners (GCP), a Birmingham-based private real estate investment company, is partnering with Houston, Texas-based developer Phelan-Bennett Development (PB) an affiliate of Phelan Development Company, LLC under a forward-progress agreement to develop two speculative industrial projects in […]

By John Nelson Original Post from REBusinessOnline STOCKBRIDGE, GA. — Birmingham, Ala.-based Growth Capital Partners (GCP) has recently signed Dollar General Corp., the Goodlettsville, Tenn.-based national discount retailer, to a full-building industrial lease in metro Atlanta. GCP’s Fund II purchased the recently vacated property, located at 500 Business Center Drive in Stockbridge, in March. The […]

By Illyshia Parker – Commercial Real Estate Reporter, Birmingham Business Journal Original Post from Birmingham Business Journal Birmingham is poised to receive a record amount of new speculative space in the next year from local and out-of-state developers, according to local experts. Eight projects currently in various stages of construction around the market will deliver […]

By John Nelson – Staff Writer, RE Business Online Original Post from RE Business Online ALABASTER, ALA. — Growth Capital Partners (GCP) and Highline Real Estate Partners have acquired Shelby West, a 404,000-square-foot industrial park in suburban Birmingham. The property represents the third investment for the GCP-Highline investment platform, which also includes strategic equity placements […]

By Collin Huguley – Staff Writer, Charlotte Business Journal Original Post from Charlotte Business Journal An out-of-state real estate investment firm is leading a new industrial development in the Charlotte region. Growth Capital Partners, which is based in Birmingham, Alabama, is working with Phelan-Bennett Development to build Northwest Gateway Logistics Park in Gastonia. The project […]

By Jeff Jeffrey – Reporter, Houston Business Journal Original Post from Houston Business Journal Another speculative industrial development is planned for the booming Brookshire market west of Houston. Birmingham, Alabama-based real estate investment firm Growth Capital Partners teamed up with Houston-based Phelan-Bennett Development to build Westside 10 Industrial Park. The 167,120-square-foot warehouse will be built […]

By Illyshia Parker – Commercial Real Estate Reporter, Birmingham Business Journal Original Post from Birmingham Business Journal A Birmingham-based private real estate investment company is partnering with a global real estate investment group to create a joint venture with a new investment fund. Growth Capital Partners (GCP) and AEW Capital Management LP (AEW) created GCP […]

By Julia Sanders – Staff Writer, RE Business Online Original Post from RE Business Online VANCE, ALA. — Highline Real Estate Partners and Growth Capital Partners have purchased Vance Logistics Center, a 604,000-square-foot, cross-dock logistics facility in Vance. Stewart Calhoun and Casey Masters of Cushman & Wakefield represented the sellers, Niantic Partners and Rothschild Capital […]

By Gardner Lee Principal and Co-Founder, Growth Capital Partners Since Prologis sold its Birmingham holdings in the late 1990s, the industrial real estate market in the Magic City has been dominated by local investment groups, with a few national developers entering the market for either built-to-suit or specialized projects like the recent Amazon facilities. As […]

Growth Capital Partners has launched a new development company and named two partners. The Birmingham-based private real estate investment firm, which is coming off a major deal in late 2020, said the new company will operate under the GCP umbrella and will focus on development of bulk distribution facilities across the Sun Belt. The sector […]

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 to close this year. GCP […]

By Hanno van der Bijl – Real Estate Reporter, Birmingham Business Journal Original Post from Birmingham Business Journal Nov 16, 2020 Updated Nov 16, 2020, 3:50pm CST Birmingham-based GCP recently sold its Fund I industrial portfolio to a group of institutional investors in one of the biggest real estate deals in the country to close […]

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 locations were not disclosed, but a press release stated the […]

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 and is located less than three miles from the Jacksonville […]

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.

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 […]