International Farmer's Market Sold as Investment Sale

Al McConkey, Sally Tennant and Robert Aaron sold the International Farmer's Market located at 5193 Peachtree Industrial in Chamblee. The 5.94 acres may have redevelopment plans in the future.

Second Quarter 2009 King Facts

While some are playing golf or hanging their hats, we continue to see industrial activity increase. Evidence? We are still averaging a deal a day.

From January 1995 to June 2009, King Industrial Realty has negotiated in the Metro Atlanta area:

• *5,552 lease and sale transactions totaling 85 million square feet
• *532 land transactions totaling 4,813 acres
• Completed a total of 365 deals in 2008
  
  22 years of property management experience

Industry Rankings

• Top 5 Brokerage Network by Commercial Property News
• Top 10 Brokerage by Real Estate Forum
• Top 10 Commercial Real Estate Brand by the Lipsey Company
• Top 5 Property Management Network

King Industrial Realty is a founding member of CORFAC International. In 2007, CORFAC firms completed 9,594 commercial real estate transactions, encompassing 340 million square feet and valued at $30 billion.

Serving our clients’ needs anywhere with over 3,500 real estate professionals worldwide in 150+ markets.

King Industrial Realty, Inc. 404-942-2000 www.kingindustrial.com

Second Quarter 2009 Commercial Real Estate Outlook

Ken Riggs: Second Quarter 2009 Edition of the ITQ
The outlook for commercial real estate is just plain bleak. The economic downturn that hit the nation is the “worst downturn since the Great Depression.” And, this so-called “tsunami” is so pervasive and struck so quickly that even the most seasoned commercial real estate professionals asked: “How did this happen, and how did this happen so fast?” Listen as Ken Riggs paints a sobering picture on the market and provides more insight from the Second Quarter 2009 edition of the RERC/CCIM Investment Trends Quarterly. Riggs predicts a recovery may be four quarters away, given the lag time involving commercial real estate sales and rents. But he’s optimistic that there are opportunities, and he predicts the industry will be stronger in the long-term.





Source: podcast.ccim.com

2,800 SF for Lease in Paulding County

FOR LEASE
63 Duncan Circle
Hiram, GA 30141

2,800 Square Feet
(3) 16' x 12' Drive In Doors
Outside Storage
Racking Available
Agents: Todd Harrell tharrell@kingrealty.net & Brandon Huft
flyer

For lease: 2,800 SF Warehouse/Office in Hiram

63 Duncan Circle, Hiram, GA 30141
2,800 Square Feet
(3) 16' x 12' Drive In Doors
Outside Storage
Racking Available
Agents: Todd Harrell & Brandon Huft
Flyer

The decline in commercial property values is likely to continue into 2012

a congressional panel has been told. "We believe the bottom is several years away," ...said a mortgage analyst for Deutsche Bank Securities.
Full Article (source: Nasdaq.com/Dow Jones Newswires)

$700 billion of commercial mortgages called a ticking "time bomb"

The maturing of $700 billion of commercial mortgages at a time when capital to refinance the debit is largely unavailable is a "looming crisis" that can't be ignored.... The problem is a ticking "time bomb" that coudl tough off an entirely new crisis, hitting the biggest US banks with huge losses.
Full Article (Source: REIT.com)

13,650 SF Warehouse/Office Bldg Sold at Airport Plaza

Sally Tennant and Robert Aaron sold the building located at 475 Plaza Drive, College Park, 30349

73,300 SF Leased in Commonwealth Industrial Park

Mike Boone leased the warehouse/office spaced located at 4837 Newton Terrace, Buford, GA 73,300SF

9,800 Sq. Ft. Leased at Express Industrial Park, Forest Park

Sally Tennant and Robert Aaron lease 9,800 SF warehouse/office located at 135 Lake Mirror Road, Forest Park, GA 30297

10,553 SF Leased in Empire Industrial Park, Atlanta

Sally Tennant and Robert Aaron Leased 10,553 SF at 3540 Empire Blvd., Atlanta, GA 30354