King Industrial Realty, Inc./CORFAC Int'l

Owner Occupied Bank Rates

2011-08-16T12:32:00.001-04:00

"Rates continue to be very aggressive. It's a great time if you are planning to purchase a warehouse or industrial building"
- Charlie King

We distinguish ourselves in the market by being relationship driven, competitively priced, and firmly committed to exceptional service.

*** Rates as of September 7, 2011 (subject to change) ***

Take advantage of any of these great features for new construction:

Single loan and single closing for both construction and permanent phases.

Interest only during construction phase

Option to lock rate at the front end for both the construction and permanent loan.

SBA loans available

25 year amortizations available

* Normal credit approval applies. Loan rates are effective as of 9-07-11 and are subject to change. Actual APR may be impacted by fees, rates, loan amounts, and terms.
* For loan requests less than $500,000 add 25 bps

For more information, please call:

Joe Bennett
Vice President
Business Banking
678.494.8652 Office
404.374.7374 Cell
678.494.8667 Fax
joseph.bennett@ironstone.com

The Journey of a Thousand Miles . . .

2011-07-19T11:25:00.003-04:00

. . . begins with a single step and the second quarter of 2011 is showing signs that the Atlanta industrial market may have made that first step toward recovery.

After 10 consecutive quarters of negative net absorption, the second quarter of 2011 broke free with 1,707,652 square feet of positive net absorption. In recent quarters, we have been observing some trends that were pointing toward a return to positive net absorption - most notably higher levels of activity.

Activity in the second quarter of 2011 was further evidence we are on the road to recovery. Activity remained steady at 731 deals totaling 11,927,253 square feet. Combine this with the first quarter’s level of 12,082,742 square feet and we are looking at just over 24 million square feet at mid-year. If we are able to continue at this pace, year-end activity would finish at 48 million – a level not seen since 2007.

There are two factors that are predominantly responsible for this uptick in activity. First, some larger companies are continuing to consolidate from two or three locations to one larger facility. Czarnowski Exhibit Service is a perfect example of this consolidation. They returned three locations totaling 434,000 square feet to the market, but took one space for 568,000 square feet off the market. This one consolidation resulted in positive net absorption of 134,000 square feet.

The second factor we are seeing is the smaller firms and “mom-and-pop” shops getting off the sidelines and into the game. Unlike some of their competitors, they have survived this latest economic downturn and are looking to pick up the customers those competitors controlled. To properly service these new customers, however, they need to expand their business operations. Publisher Services, Inc. is an example of this type of expansion. During the second quarter of 2011, this company added 40 percent to its foothold in the Norcross area.

No one can predict if these trends will continue and we have many miles to go before we pull ourselves out of the lows we have experienced over the last three years. But, unless we experience some unforeseen major world event, we believe the Atlanta industrial market has taken the first step in that journey.

Sim F. Doughtie, CCIM, SIOR, MCR
President

Submarket trends and summaries can be downloaded instantly here.

Two Great SBA Loan Programs

2011-05-10T15:07:00.013-04:00

"If you are looking for a loan to purchase a warehouse and you plan to occupy it, you should take a look at the SBA program. They have very attractive rates and a low down payment. You have a choice of two different programs and Jennifer Hall provided me with an overview of the program. If you have any questions give Jennifer a call as she is a wonderful resource."

- Charlie King

See the details and then call...

Jennifer Hall
First Vice President, Commercial Banking
SunTrust Banks, Inc.
Tel: 678-526-6831 Mobile: 404-308-7658

Action Accelerates Activity - 1st Quarter 2011

2011-04-21T15:07:00.004-04:00

As we embark on a new year, King Industrial Realty introduces a new format for our Point of View. In 1988, when we began tracking the industrial market, our records held an inventory of 200 million square feet in the metro Atlanta area. As time progressed, not only did the square footage of that inventory grow, but the geographic area holding that inventory continued to stretch beyond the boundaries of our original 12 counties.

Beginning with this issue of the Point of View, our reporting has expanded to include 20 counties and over 600 million square feet. With this expansion, new regions have been created which are detailed on the map on page four. We feel confi dent that the addition of these outlying counties will provide you a broader and more accurate picture of the Atlanta industrial market.

This quarter, in particular, shows the effect the addition of these geographic areas has on the overall picture for the industrial market. The sublease offering of the 1.3 million square foot Solo Cupspace in Walton County accounts for the large majority of the negative net absorption recorded in this first quarter of 2011. While it would be nice to take this factor out of the equation, the broader picture is more complete when all aspects are brought into play.

With net absorption still in negative territory at -1,484,869 square feet, it’s hard to say we are climbing out of the trench dug over the past four years. However, there are a few positive indicators we want to keep our eyes on. The first quarter 2011 activity of 12,082,742 square feet represents a 46 percent increase over the previous quarter and is the highest level seen since the third quarter of 2008. We are interpreting this as a sign tenants are moving off the fence and making decisions that they may have been postponing in the past.

We have also noticed that lease terms are beginning to increase. In the first quarter of 2011, 25 percent of new leases executed in the King Industrial Realty offices were for a term of five years and longer. This percentage is up from 11 percent during the first quarter of 2009 and up from 12 percent in the first quarter of 2010. Additionally, we saw a 25 percent increase in the number of new leases executed in the first quarter of 2011 as compared to the same period last year.

Again, an indication that tenants are taking action and locking in on favorable market conditions. Although we did not expect to see positive net absorption in the first quarter of 2011, we are optimistic that within the next quarter or two we will begin to see a shift to positive net absorption.

Submarket trends and summaries can be downloaded instantly here.

Sim F. Doughtie, CCIM, SIOR, MCR
President

Owner Occupied Bank Rates

2011-02-28T11:55:00.009-05:00

"If you are looking to purchase a warehouse for your use, you need to consider acting before the rates go up. Below is the most recent rate sheet for owner occupied properties from IronStone Bank." - Charlie King

Owner Occupied Commercial Real Estate

We distinguish ourselves in the market by being relationship driven, competitively priced, and firmly committed to exceptional service.

*** Rates as of February 15, 2011 (subject to change) ***

Take advantage of any of these great features for new construction:

· Single loan and single closing for both construction and permanent phases.
· Interest only during construction phase
· Option to lock rate at the front end for both the construction and permanent loan.
· SBA loans available

* Normal credit approval applies. Loan rates are effective as of 2-15-11 and are subject to change. Actual APR may be impacted by fees, rates, loan amounts, and terms.
* For loan requests less than $500,000 add 25 bps

For more information, please call:

Joe Bennett
Vice President
Business Banking
678.494.8652 Office
404.374.7374 Cell
678.494.8667 Fax
joseph.bennett@ironstone.com

Atlanta Industrial Real Estate Market Trends - 4th Quarter 2010

2011-01-25T14:27:00.000-05:00

Less Is More

Activity in the Metro Atlanta area tumbled in the fourth quarter of 2010. Down
30 percent (almost three million square feet) from the third quarter 2010 total,
activity of 7,000,261 square feet is the lowest seen in the 12 county metro area since
the second quarter of 2009. That being said, seven of the 12 sub-markets examined
for this report actually saw an increase in activity. The decrease in activity for the
remaining five sub-markets, however, was overwhelming.

Activity in both the I-85 North and the Airport/Clayton & Henry County sub-markets
dropped more than a million square feet each. Yet, amazingly, these two sub-markets
still recorded positive net absorption. Two other sub-markets, Gwinnett/North Fulton
County and City of Atlanta South of I-20, also recorded positive net absorption. Again,
Gwinnett/North Fulton County accomplished this feat despite a 50 percent reduction in
activity.

The flip side of this coin is the Fayette/Coweta County sub-market. This sub-market
saw a 130 percent increase in activity; nevertheless, it fell to negative net absorption.
Furthermore, the -50,341 square feet recorded was far deeper than that seen in the third
quarter number of -142 square feet.

While a decrease in activity is always disappointing, this quarter’s results prove that
success depends on more than just deals consummated. Net absorption for the fourth
quarter of 2010 came in at -294,602 square feet . . . the best Metro Atlanta has seen in
over two years.

Of course, the offset to activity in the net absorption equation is the amount of space
returned to the market and that was the distribution sector’s saving grace. Those same
sub-markets that dropped so significantly in activity were successful in keeping more of
their tenants in place. In the fourth quarter, Gwinnett/North Fulton County returned half
the amount of space given back to the market during the third quarter.

Although the Atlanta distribution sector has certainly seen fluctuations in activity over
the past three years, those deviations alone are not responsible for the lows in the net
absorption suffered. With any luck, the increase in tenant stability we experienced at
the close of 2010 will continue as we begin a new year and, hopefully, will usher in
a return to positive net absorption.

Submarket trends and summaries can be downloaded instantly here

Wilson S. Covington
Senior Vice President

For Sale 5,000 Sq. Ft. Warehouse / Office in Douglas County

2010-12-06T13:06:00.000-05:00

Camp Industrial Park

2425 Jason Industrial Parkway, Winston, GA 30187

• 5,000 Sq. Ft. Total
• Approx. 1,200 Sq. Ft. Office
• 2 Acres Fenced Outside Storage
• 2 Grade Level Drive - In Doors
• Zoned L1
• Easy Access To I-20

Agents: Brad Bays, 404-942-2084
Wilson Covington, 404-942-2073

Sold and Leased Properties week of December 6

2010-12-06T11:45:00.000-05:00

LEASED DEALS

Leased 2,700 sf retail building located at 3976 Highway 42 South, Locust Grove, GA 30248

Agents: Sally Tennant & Charles Hardin

SOLD DEALS

Charlie King Sold 12,000 sf warehouse / office building located at 660 Miami Circle, Atlanta, GA 30324
Guy Watkins Sold 8,133 sf retail building located at 1770 Presidential Circle, Snellville, GA

Contact the agents for additional information.

For Sale or Lease: 14,720 SF warehouse / office on 3 Acs in Acworth

2010-12-06T11:29:00.000-05:00

East Acworth Industrial Park
4520 Industrial Center Lane, Acworth, GA 30101

• 14,720 Sq. Ft. Total on 3+/- Acres
• Outside Storage Available
• Heavy Power
• 20' Clear Height
• 3 Drive - In Doors & 1 Dock High Door
• Sprinklered

Agents: Bob Stephens, 404-942-2076 OR
Sim Doughtie, CCIM, SIOR, MCR 404-942-2002

Sale or Lease: 9,800 SF Warehouse / Office in Forest Park

2010-12-05T11:42:00.000-05:00

Click Here for flyer & more: 135 Lake Mirror Road aka 50-d42

FOR SALE Or LEASE

9,800+/- Sq. Ft. Located At:

135 Lake Mirror Road

Forest Park, GA 30297

• Free Standing Building

• 5 Drive-In Bays / 2 Docks

• 3 Phase / 600 AMPS / 240 Volts

• 1 Acre

• Fenced & Secured

• Behind “Georgia State Farmers” at I-75 & I-285

Agent: Sally Tennant, 404-942-2021

Sold 106,000 sq. ft. warehouse facility in Gwinnett County

2010-12-01T12:35:00.000-05:00

Steve Ratchford, SIOR sold the 106,000 square foot warehouse / office building

located at 4680 River Green Parkway, Duluth in the River Green Business Center

to Annie International

Steve can be reached at 404-942-2003 or by email
View all Steve's properties

9,200 Sq. Ft. for sale or lease in Dekalb County

2010-11-23T12:46:00.000-05:00

9,200 Sq. Ft. Located At:

6792 Tribble Street, Lithonia, GA 30058
Lithonia Industrial Park

• 8,000 Sq. Ft. Finished Office
• Fenced Outside Parking and Storage
• Convenient to I-20
• 1 Dock High / 1 Drive-In
• Well-Maintained

Agents:

Bill Randolph, 404-942-2045
OR
Jason McCart, 404-942-2048

Sold 32,000 SF Warehouse / Office in Morrow

2010-11-12T10:28:00.000-05:00

Sold in 9 months from list date: 32,000 sf warehouse / office building located at 1161 Commerce Drive To Gordo's Cheese

Agent: Sally Tennant, 404-942-2021
Sally's listings http://kingindustrial.com/listings?AgentID=8

Leased Warehouse / Office in College Park

2010-11-11T10:35:00.000-05:00

Leased 5,967 square foot warehouse at 5136 Sourthridge Parkway, Suite 116

Agents:
Sally Tennant 404-942-2021 (listings)
David Richardson 404-942-2029 (Listings)
Contact emails http://kingindustrial.com/contact

For Sale: 19,700 Sq. Ft. Warehouse/Office in Stone Mountain Corridor

2010-11-08T10:48:00.000-05:00

19,700+/- Sq. Ft. Located At:
2160 Westside Court, Snellville, GA 30074

4,000 Sq. Ft. Office
3 Docks / 1 Drive-In
Zoned Commercial 2
16' Ceiling Height
Freestanding

Agents:

Bill Johnston, SIOR
404-942-2012

Greg M. Dickerson, SIOR
404-942-2040

Listings

For Sale: 68.11 Acres in West Point, Troup County

2010-11-01T11:22:00.000-04:00

For Sale:68.11+/- Acres
KIA Blvd. / Warner Road & I-85 Interchange

4,300 Ft. Frontage on I-85
Zoned Commercial
Close Proximity to KIA Plant
Approved for 8 Billboards
Two Corner Parcels: 10.11 Acres & 14.2 Acres

Sales Price Corner Parcels: $ 120,000 an acre
Remaining 43.8 Acres: $ 100,000 an acre

Agents: Bob Stephens at 404-942-2076 or Sim Doughtie at 404-942-2002

Atlanta Industrial Real Estate Market Trends - 3rd Quarter 2010

2010-10-29T10:02:00.000-04:00

The Long and Winding Road

The distribution market in the 12 county metro Atlanta region saw improvement again in the third quarter of 2010. Activity increased by 1.5 million square feet. At 9,956,610 square feet, activity has not been this high since third quarter of 2008. Net absorption of -1,301,882 square feet, though still negative, took a half million square foot step in the right direction. But what we see beyond just this current quarter tells more of the story.

The National Bureau of Economic Research announced in September, 2010 that the recession ended in June, 2009. The delay in making the call is understandable and judicious – time is needed to be sure positive indicators are not just blips on the radar screen. The total picture needs to be observed from a higher altitude.

Using the June, 2009 ending date, we have just completed the fifth quarter “post-recession”. When looking at the numbers from the four rolling quarters view, we have seen improvement in each of those quarters – improvement in both total activity and net absorption. Additionally, and more importantly, the third quarter 2009 totals appear to be the trough numbers.

Keeping this four rolling quarter perspective for individual submarkets, the outlook is positive as well. Three submarkets, the Georgia 400 Corridor, South Fulton County and the I-75 North Corridor, land in positive net absorption. With the exception of the City of Atlanta, south of I-20 submarket, no other submarket has fallen into this category since the second quarter of 2009.

Okay, there are still plenty of negative numbers sitting in the net absorption column, but let’s admit it – they aren’t as negative. We all know the hole dug during “The Great Recession” is deep and we are at the beginning of the long and winding road to recovery. What we need to remember is that the journey of a thousand miles begins with a single step. My hope is that we have taken that first step.

Submarket trends and summaries can be downloaded instantly here

Charles B. King, Jr., SIOR
CEO
404-942-2005

Sale or Lease: 16,990 SF Warehouse/Office City of Atlanta N of I-20

2010-10-27T11:27:00.000-04:00

FOR SALE / LEASE

Click here for PP # 10-d280

16,990+/- Sq. Ft. Located At:

400 Northside Drive, Atlanta, GA 30316

Suite 1: 5,000 Sq. Ft. Office
Suite 2: 6,490 Sq. Ft. Office / Showroom
5,500+/- SQ. Ft. Warehouse
3 Loading Dock Doors
15’ Ceiling Height
Zoned 11
Walking Distance to World Congress Center
Details at http://kingindustrial.com/listings/230491-400-Northside-Drive?q=atlanta%2C+ga

Asking Price: $1,950,000
Asking Rate: $4.00 psf NNN

Agents: David Richardson at 404-942-2029 or Steve Ratchford, SIOR, CCIM 404-942-2003

2010-10-22T14:07:00.000-04:00

Get your company's associates to help with cash, even though they DON'T have direct cash responsibilty! My great mentor and former boss, Red Scott, very cogently observed that "cash ain't cash unless it's cash." What he always meant is that a promise to be paid or a check or a banker's promise or any other substitute is not really cash. You can run out of cash too easily by relying on those assumed, supposed, or "promised" cash sources.

As a result, we need to get EVERYONE around us to turn their actions, activities and thoughts toward real cash! Get your operations, marketing, sales, support, and service people to re-evaluate what they do and it's impact on cash. Get them to understand whether what they do and spend really contributes, or doesn't, to cash; are those things really necessary? Do they contribute more cash than they use? Talk frequently to your associates about this.

Do let them know we're okay, but need to focus on cash due to the long-delayed recovery. Get them to FORECAST where they're going, and how it impacts cash. Get your people to forecast more accurately, and to begin forecasting if they haven't in the past. This alone can change your cash situation. Get them to look at the "Forecaster" and "Cash Manager" tools at www.ceotools.com (scroll down through New Tools Catalog to those tools).

By simply creating cash awareness, your cash will improve! Pretty simple concept: just get your people and associates (including employees, suppliers and supporters) to think a bit more about how what they do affects cash!

It's now clear we're facing a very long, cash-crunching delay in the world economic recovery, so please prepare now for cash improvement through your associates' actions.

With very best regards,
Kraig Kramers
President & CEO -- CEO Tools, Inc. www.ceotools.com
info@ceotools.com www.ceotools.com/blog
Copyright © 2010 Corporate Partners Inc.

For Sale: 56,066 SF Warehouse/Office in I-20 East Corridor

2010-10-19T11:33:00.000-04:00

For Sale or Lease
7216 Maddox Road, Lithonia, GA 30058

56,066 Sq. Ft. Total / Three Buildings - Must Be Sold Together
6.59 Acres
Fenced Outside Storage
Heavy Power
18' Clear Height
Dock High & Grade Level Drive - In Doors
7,500 - 25,000 Sq. Ft. Avail. For Lease

Sale Price: $ 1,400,000.00
Lease Rate: varies depending on sq. ft. / Rate Range: $ 3.25 psf - $4.00 psf

Click: http://kingindustrial.com/listings?q=7216+Maddox+Road%2C+Lithonia%2C+GA+30058

Agents: Randall Bryan Bill Randolph
x 115 x 145

Industrial Real Estate Market News 2nd Qtr 2010 - Tick Tock

2010-10-06T12:10:00.000-04:00

Atlanta Industrial Real Estate Market Trends 2nd Quarter 2010 The Atlanta distribution market now sits with 21 percent of its 512 million square foot inventory available for lease or for sale. Since the official onset of this latest recession in December of 2007, 30 million square feet have been added to the availability column. The current 107 million square feet available represents a 38% increase over the available square footage before the recession began.

Take into consideration that spec construction accounts for a mere three million square feet of that shift in availability and we’re looking at 27 million square feet returned to the market in the 10 quarter period since the recession began. The slow down in spec construction has reduced the percentage of new space to only eight percent – significantly down from the 19.4 percent seen at the end of 2007.

It’s also interesting to note that approximately 10 percent of all available space is on the market as a sublease opportunity. We are likely to see rates being held artificially low as long as this level of sublease space remains on the market.

Although, in a statement released in April, the National Bureau of Economic Research agreed that most economic indicators had turned up, they thought it premature to announce an end to the recession. Our analysis of the Atlanta industrial market also shows signs of hope as the downward trend appears to be slowing.

In looking at the 10 quarters endured during this recession, net absorption has averaged –2,833,792 square feet. Second quarter 2010 net absorption came in at –1,829,349 square feet; negative, but better than the average we have seen. Activity held steady at 8,575,662 square feet this quarter; right in line with the 8,892,958 square foot average during this recession. With activity holding and net absorption improving, it is a sign that the upheaval in tenant stability may be subsiding.

The trends appear to show a beginning of the end of this difficult cycle. Historically, the industrial real estate market recovers 18 months after the end of a recession. The bottom line is that tenants and buyers continue to have many opportunities . . . but the clock is ticking.

Submarket trends and summaries can be downloaded instantly here

Industrial Real Estate Market News 1st Qtr 2010 - When will the recovery begin?

2010-04-28T14:48:00.000-04:00

Atlanta Industrial Real Estate Market Trends 1st Quarter 2010

The good news is that 48 percent of U.S. metro areas are on the rebound. According to the Adversity Index compiled by msnbc.com and Moody’s economy.com, 183 of the 384 metro areas tracked in the US have begun to recover from the current recession. The bad news is that Atlanta was not among that fortunate group. The activity and net absorption results for this first quarter of 2010 can’t dispute those findings.

After a better than expected end to 2009, the Atlanta industrial market lost momentum in the first quarter. Activity slipped to 8,842,437 square feet – down slightly from the fourth quarter 2009 performance, but not as low as the previous quarters in 2009. Deals are definitely being made. In fact, more deals were inked in this first quarter than in the closing quarter of 2009. Proof positive that tenants are coming and going – the “going” side is out-pacing the “coming” side. Net absorption of –3,293,614 square feet was the end result in the distribution sector for the first quarter 2010.

Full article with submarket overviews: here

2010 Million Dollar Club Awards

2010-04-05T16:36:00.000-04:00

Congratulations!

Atlanta Commercial Board of Realtors 2010 Million Dollar Club Awards

Top 10 Producer Industrial Tenant -- #4 - Sim F. Doughtie, CCIM, SIOR, MCR

Phoenix Award - Sally Tennant - 10 years of membership in The Million Dollar Club

Production over $15 million: Sim F. Doughtie, CCIM, SIOR, MCR
Production 10-15 million: William D. Johnston, SIOR
Production 3-10 million: Robert Aaron, III, Greg Dickerson, SIOR, Jason McCart, Sally Tennant

46,000 SF Warehouse/Office Sold, Duluth

2010-04-02T12:50:00.000-04:00

Agents: Greg Dickerson, SIOR; Bill Johnston, SIOR; David Richardson

Sold 3625 Old Peachtree Road
For $950,000

3625 Old Peachtree Road Duluth, GA 30096

Lease 7200 SF in Morrow

2010-04-01T16:51:00.000-04:00

Sally Tennant & Robert Aaron leased 7,200 square foot warehouse/office at 1850 Joy Lake Road, Morrow