MDH Partners (MDH) announces the close of a $130 million financing from Capital One. The Frontier Loan supports more than 1.8 million square feet of MDH’s recent acquisitions and development across coastal Georgia and three other US towns. The acquisition…
Solar component maker Sunmax Tech is building a 300,000-square-foot manufacturing plant in Adairsville, about an hour NW of Atlanta. The facility is set to commence Phase I operations in May 2024. Sunmax Tech plans to execute a comprehensive investment strategy…
PGIM Real Estate has provided $74.5 million in fixed-rate financing to Stonepeak for the acquisition of a three-asset, rail-served industrial portfolio located in Elwood, Illinois, just outside of Chicago. The three industrial buildings are 100% leased and total 1,726,170 square…
An off-site construction services company is spending $40 million on a new factory in the Town of Siler City. The town, of less than 10,000, is between Raleigh and Greensboro on US Hwy 421 and 64. Innovative Construction Group (ICG)…
Entre Commercial Realty closed the sale of 1450 Feehanville Drive, a 112,290-square-foot facility on 5.6 acres of land in Mount Prospect’s Kensington Business Center. The property features 24’ ceilings and is located in the northern O’Hare industrial submarket. Entre’s Dan…
The Allen Morris Company is planning to build a mixed-use project that would replace industrial properties in the area of Bankhead and the BeltLine’s Westside Trail. Two years ago, the company paid $31 million for the site. Allen Morris submitted…
Brightmark plans to develop a 2.5 million-square-foot circularity center in Thomaston, Georgia, an hour NE of Columbus. The facility, which will cost $950 million to build, will have the capacity to repurpose over 400,000 tons of plastic per year. Brightmark’s system…
Cushman & Wakefield has hired Julie Rice as a director of laboratory planning, based in San Francisco. Rice will plan facilities infrastructure to support the laboratory environment and expand the firm’s relationship between third-party life science clients and the firm’s…
The Benoit Group, in partnership with Atlanta Housing, closed project financing for the development of Englewood Senior. The 160-unit affordable independent senior living project marks the first redevelopment phase of a master-planned, mixed-use, multi-phase community on the 30-acre site of…
Sterling Bay has listed a trio of properties near the stalled Lincoln Yards $6 billion megaproject site. The firm is selling the properties to pay off debt amid the firm’s search for a new financial partner for the 53-acre mixed-use…
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