In today’s rapidly shifting industrial real estate landscape, staying ahead of market trends and financial strategies is key for stakeholders. Andy Stewart, Chief Risk Officer at Peach State Bank & Trust, recently sat down with Industrial Properties Group to offer his expertise and insights on navigating the market, banking risks, and economic factors shaping the industry. With over two decades of...
North Georgia Technical College (NGTC) is a longstanding institution within the Technical College System of Georgia. With over 80 years of history, NGTC continues to evolve, offering innovative programs and partnerships to meet the dynamic needs of the local economy and industry. Our team at Industrial Properties Group recently had the pleasure of hearing a presentation from Leslie McFarlin, Vice...
Georgia has once again secured its position as the top state for business for the 10th consecutive year, a testament to its robust economic climate and supportive business environment. At the heart of this success are the state's small businesses, which play a vital role in driving innovation, creating jobs, and fueling economic growth. The Industrial Properties Group team recently had the opportunity to...
The rise of the electric vehicle (EV) market thus far has been exciting to watch, and its impact is not limited to cleaner transportation and reduced carbon emissions. The Southeastern region of the United States, particularly Georgia, is emerging as a pivotal player in the electric vehicle industry. Notably, what's been coined the "Battery Belt" has been forming in this region, with significant impacts...
In a NNN (triple net) lease, OpEx is a pass through of operating expenses to the tenant and is paid on a per sq. ft. basis. OpEx covers property taxes, property insurance, and CAM (common area maintenance) expenses. These fees are passed through to the tenant separately from their base rent and are paid on a monthly basis. An example of OpEx: $4.00 psf NNN (base rent) $1.00 OpEx (taxes. insurance,...
You may have heard the expression “A stitch in time saves nine.†This phrase is especially true when it comes to preventive building maintenance. While it can seem expensive or burdensome year over year, neglecting upkeep will inevitably lead to costly repairs, frustrated tenants, or negatively impact rental income. With regular inspections and scheduled preventive...
You don’t have to look far to know employers in our state and across the nation are experiencing a shortage of labor. Signage for “Help Needed†is vast throughout the region, with employers even posting wages and benefits in front of their places of business. A simple Google search will give potential employees’ pages and pages of...
Industrial Properties Group, Inc.'s president, Floyd H. Baldwin, SIOR, and regional sales director, Drew C. Addison, SIOR, as well as other Atlanta brokers, were interviewed in recent articles by the Atlanta Business Chronicle on the condition and trends of the industrial real estate market. One of the articles titled "Industrial real estate market is thriving in metro Atlanta area" highlights that...
Despite all of the uncertainty in the world with Covid-19, civil unrest, trade wars and the ongoing conflicts in the Middle East, there is also goodness that remains clear. The American economy is strong and American manufacturing is adaptable. And, like all adversity in life, if we look long and hard enough, we can always find the positive in every situation. I have been amazed at how the...
Industrial Properties Group, Inc.'s President and Broker, Floyd H. Baldwin, SIOR, along with other Atlanta brokers were interviewed in a recent article by the Atlanta Business Chronicle on the condition of the industrial real estate market. Click here for the full article. The article titled "Industrial real estate market is thriving in metro Atlanta area" highlights that even amidst the Covid-19...
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