WPM Commercial founder Price Muir got a Christmas bonus this year he couldn't have fathomed in his years buying and selling land around Atlanta. Three days before Christmas, JPMorgan Chase and Realterm Logistics paid Muir $53.5M for 40 acres of industrial land 11 miles south of Downtown Atlanta. A year earlier, Muir, along with other local partners, assembled the site — a vast sea of truck parking called Transport City — and paid just under $10M. “Basically, we began buying industrial outside storage four years ago at around $200K to $250K an acre,” Muir said. "It's now selling for five times that." 
Metro Atlanta has become one of the hottest markets for industrial outdoor storage investors, Stan Johnson Co. Director Zach Harris said during a Bisnow webinar last week, listing Georgia's capital alongside other in-demand markets like Chicago, Dallas, Houston, Kansas City, Philadelphia, New York, Orlando and Phoenix.Industrial outdoor storage can…  Read the full story here. | 
