News
BIG NAMES BET BIG ON INDUSTRIAL
November 19, 2012
| At our annual Atlanta Industrial Summit last week, execs from IDI, Weeks Robinson, DCT Industrial and Seefried Properties all revealed plans for millions of new square feet in the coming year across the country. And in at least one case, that includes spec. (It's in Phoenix, but perhaps it's contagious.) | ||
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Their collective plans include 15M SF of new industrial space. Our panel: Hartman Simons? Summey Orr (moderator), CBRE's Chris Riley, IDI?s Lisa Ward, Weeks Robinson?s Marty McFarland, DCT Industrial?s Mike Ruen, and Seefried Properties' Rob Rakusin. The development pipeline includes:
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| ?We're pretty active on the build-to-suit side around the country,? Rob told our audience of more than 200 at the Grand Hyatt in Buckhead. Seefried has 8M SF under development, including an Amazon.com facility in California and a PetsMart warehouse in Pennsylvania. ?All of them are fee businesses, so we're not getting rich,? he says. ?We're hitting singles and doubles.? Rob also says the firm is going spec with a 600k SF distribution facility in Phoenix. | ||
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| Sponsor Catamount Constructors was on hand with Keith Johnson,Lisa Meyers, Rick Rodman, and Keith Rane. Catamount helped build Seefried?s massive warehouse in Lebanon, Tenn. for Amazon.com. |
