Index Investing News
Sunday, May 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

PNK Group Wraps Up 1.2 MSF Constructing Close to Atlanta

by Index Investing News
March 13, 2025
in Property
Reading Time: 2 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


Park Valley View is an industrial undertaking that PNK Group is creating in Jessup, Pa. Picture courtesy of PNK Group

PNK Group has delivered PNK Lambert A, a 1.2 million-square-foot industrial constructing a part of the PNK Park Southern Gateway campus in McDonough, Ga., about 35 miles from downtown Atlanta.

The developer broke floor on the undertaking in October 2023. The 100.8-acre website is at 1325 Freeway 42, roughly 2 miles from Interstate 75, which connects the Southeast to the Midwest. The property is 5 miles from the CSX Intermodal, 12 miles from the Fed Ex buyer heart, 30 miles from the Hartsfield-Jackson Worldwide Airport and 40 miles from the Norfolk Southern Worldwide Terminal.


READ ALSO: High 10 Markets for Industrial Deliveries


At full build-out, PNK Park Southern Gateway is anticipated to have about 3 million sq. ft of business house throughout 4 amenities. The campus is an element of a bigger cluster of properties which are residence to companies together with Ecolab, Horizon Group USA, Whirlpool, The Residence Depot and Kimberly-Clark.

The primary constructing to return on-line on the park was Lambert B, a 1.1 million-square-foot speculative industrial constructing; PNK accomplished it in 2019 and offered it to KKR in September 2021 for $103 million, based on CommercialEdge knowledge. Then, in December, KKR acquired Lambert C, a 425,660-square-foot, single-tenant distribution constructing that was delivered earlier that yr.

Extra Constructing A options

Along with a 40-foot clear top, Lambert A options ESFR sprinklers, 213 dock-high doorways, column spacing of fifty ft by 56 ft and strengthened concrete flooring with 8-inch slab thickness. The cross-dock constructing, which is being marketed by JLL, can be utilized for manufacturing, warehousing or as a distribution heart. The property may be expanded both by including some 300,000 sq. ft to the constructing or by offering further parking.

The constructing’s improvement benefitted from developments in industrial building spearheaded by PNK Group, which can also be an engineering and manufacturing firm in addition to an investor and developer. The agency gives the designs and funds the implementation of its initiatives, organizes building and, as a normal contractor, erects multipurpose amenities from large-unit blocks produced at its personal crops in Georgia and Pennsylvania.

Extra PNK initiatives

In January, PNK broke floor on PNK Park Valley View industrial park in Jessup Township in northeastern Pennsylvania. Valley View 11 and Valley View 19 will characteristic 162,907 sq. ft and 255,776 sq. ft, respectively. The buildings may be custom-made for quite a lot of makes use of together with manufacturing, storage and distribution.

Additionally in January, PNK accomplished a distribution heart for Ecolab Corp. in Excessive Level, N.C., totaling greater than 1 million sq. ft. The corporate invested roughly $120 million to purchase the land, design the constructing and supervise the development.

Late final yr, PNK acquired an 86.6-acre website in Colonial Heights, Va., from Emerson Cos. to develop an 846,260-square-foot industrial constructing. It was the corporate’s first undertaking in Virginia and the Better Richmond market and has attracted logistics and manufacturing corporations together with FedEx, LEGO Manufacturing and Mondelez Worldwide.



Source link

Tags: AtlantaBuildingGroupMSFPnkWraps
ShareTweetShareShare
Previous Post

May you get a home delivered like a pizza? This Boise firm thinks so.

Next Post

New set pics of Christopher Nolan’s Odyssey have been posted

Related Posts

WA renters, landlords put together for brand new cap on lease hikes

WA renters, landlords put together for brand new cap on lease hikes

by Index Investing News
May 24, 2025
0

A monumental change hit Washington’s rental market this month, one within the works for years: caps on lease hikes.However what...

Magnificent Spanish Mediterranean Property within the Coronary heart of Denver

Magnificent Spanish Mediterranean Property within the Coronary heart of Denver

by Index Investing News
May 24, 2025
0

6 Ivy Lane, within the Outdated Crestmoor neighborhood, is well recognizable by its iconic blue tile roof and Spanish Mediterranean...

New-home gross sales climb practically 11%, however figures could also be ‘overestimated’

New-home gross sales climb practically 11%, however figures could also be ‘overestimated’

by Index Investing News
May 23, 2025
0

Gross sales of newly constructed single-family houses rose in April, pointing to continued purchaser engagement through the spring homebuying season,...

Goodyear to Promote A part of Chemical Enterprise for 0M

Goodyear to Promote A part of Chemical Enterprise for $650M

by Index Investing News
May 24, 2025
0

This 640,000-square-foot property situated in Akron, Ohio, serves as Goodyear’s headquarters. Picture courtesy of Goodyear Goodyear will promote nearly all...

Seattle Metropolis Council advances on controversial ethics invoice

Seattle Metropolis Council advances on controversial ethics invoice

by Index Investing News
May 24, 2025
0

A Seattle Metropolis Council committee voted 2-0 Thursday, with three abstentions, on a controversial revision to town’s ethics code, permitting...

Next Post
New set pics of Christopher Nolan’s Odyssey have been posted

New set pics of Christopher Nolan's Odyssey have been posted

TSG indicators cooperation settlement with US protection co

TSG indicators cooperation settlement with US protection co

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

10 crypto tweets that aged like milk: 2022 edition By Cointelegraph

10 crypto tweets that aged like milk: 2022 edition By Cointelegraph

December 31, 2022
French Baby Intercourse Abuse Trial of Ex-Physician Highlights Unheeded Warnings

French Baby Intercourse Abuse Trial of Ex-Physician Highlights Unheeded Warnings

March 5, 2025
MiB: Private Equity – The Big Picture

MiB: Private Equity – The Big Picture

April 20, 2023
China’s Xi urges Ukraine peace talks with Germany’s Scholz

China’s Xi urges Ukraine peace talks with Germany’s Scholz

November 4, 2022
Participant rankings as Duran stunner earns Villans victory

Participant rankings as Duran stunner earns Villans victory

October 2, 2024
Weave unveils UI updates for vet clinics By Investing.com

Weave unveils UI updates for vet clinics By Investing.com

October 14, 2024
How the PWHL’s youngest player is adjusting to a new league — and a new language

How the PWHL’s youngest player is adjusting to a new league — and a new language

February 2, 2024
Mary Elizabeth Winstead replaces Rosamund Pike

Mary Elizabeth Winstead replaces Rosamund Pike

February 17, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In