Atlanta Business Chronicle Amazon.com Inc. is planning to open a 650,000-square-foot industrial property in Emerson, Ga., about 38 miles northwest of Atlanta. The e-commerce giant will use the five-story property, on Lakepoint Parkway near Interstate 75, as a sorting facility. ...
Urstadt funded the acquisition using proceeds from its $13.2 million sale of Southern Plaza, a 126,000-sf retail property in Tempe, Ariz., in a tax-deferred exchange.
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