Friday, July 13, 2012
ATLANTA, GA (July 13, 2012) – Invest Atlanta, the city of Atlanta’s economic development agency, said today it has joined the U.S. Trade and Development Agency’s (USTDA) “Making Global Local” program. As a program partner, Invest Atlanta will help local companies gain access to USTDA’s export-promoting programs.
“Atlanta is a global city, and its companies conduct business around the world,” said Brian P. McGowan (top right photo), president and CEO of Invest Atlanta.
“This partnership with USTDA presents a wonderful opportunity for businesses in Atlanta to gain even more access to overseas markets and will be an important tool in our economic development efforts.”
“By building strategic partnerships, USTDA and local business organizations such as Invest Atlanta can support the creation of high-paying jobs through the growth of U.S. exports,” said USTDA Director Leocadia Zak (lower left photo). “I am excited to work with Invest Atlanta and look forward to connecting with more organizations across the country.”
For its partners in the “Making Global Local” program, USTDA selects organizations that have demonstrated a commitment to supporting the creation of jobs in their communities through the growth of U.S. exports. Partner organizations include economic development agencies, World Trade Centers, and state and local government entities.
For more information on the initiative, please visit www.ustda.gov/makinggloballocal.
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Easton VP Jim Armstrong (lower left photo)and associate Michael Waite represented both parties. Other significant deals included a lease renewal of 18,000 sf to Omicron Supplies in Miami and another new lease of 15, 230 sf to United Wholesale & Nutrition LLC.
In addition to the leasing activity, Easton & Associates was involved in two significant sales in June. It helped arrange the purchase of a 14, 517 sf industrial building located at 11380 NW 36th Terrace in Doral.
Easton’s Armstrong and Waite represented the buyer, Young Da LLC. Lee Katsikos and Martha Rodriguez of The Katsikos Group represented the seller, GMR Investments LLC.
In a separate transaction, Easton sold one of its own investments, the Miami Lakes Research & Industrial Park, to the Graham Companies, for $14.3 million. The 27-acre campus, comprised of eight R & D manufacturing buildings, is located at 14400-14560 NW 60th Avenue in Miami Lakes.
For more information log on to www.theeastongroup.com.
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COLUMBUS, OH, July 13, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of the Cincinnati Storage Portfolio (top left photo), a five-property self-storage portfolio located in the Cincinnati MSA. The sales price for the entire portfolio is $13,200,000.
Brett Hatcher (lower right photo), a senior associate in Marcus & Millichap’s Columbus office, and Matt Amos, an associate in Cincinnati, represented the Cincinnati-based seller. The buyer is Cleveland-based Amsdell Cos.
“With the acquisition of this portfolio, the new owner has taken advantage of an opportunity to capture favorable efficiencies in the Cincinnati-area marketplace,” says Hatcher.
“The properties are located predominately in infill areas and the surrounding market features favorable density and demographics with a solid mix of residential and commercial development.”
“All of the properties are situated on or exposed to major thoroughfares with ample frontage and/or signage,” adds Hatcher.
Three of the properties are in Kentucky and two are located in Ohio.
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