Amazon Buys 985 Acres Near Atlanta For More Data Centers: This Week's Atlanta Deal Sheet
AWS bought land that was part of the Legacy 75 planned industrial park.
AWS bought land that was part of the Legacy 75 planned industrial park.
And a Trader Joe's will open in the Atlanta suburb of Johns Creek.
The sales price comes days after Gov. Brian Kemp announced the $2B plant deal for the drug maker.
Walton Street Capital sold the warehouse to Amazon.
Many multifamily developers in the collar counties would be more inclined to demolish suburban office parks and start fresh than pursue conversions.
Deals with Packsize and Construction Resources are part of 180K SF of leasing at the adaptive reuse site in past 20 months.
The sale represents a nearly 18% decrease in the sale price from eight years ago.
Yields for 10-year U.S. Treasury bonds surpassed 4.5%, potentially resetting pricing and sparking fears among some that widespread distress is ahead.
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