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August 21, 2023

Logistics Firm Shuttering Atlanta Operations, Vacating 300K SF Warehouse

Hear From Speakers Representing AMLI, Mill Creek, Rangewater, Cortland And More At Multifamily Southeast On Sept. 28.

A California-based company is shutting down its Atlanta operations, leaving a recently developed 300K SF warehouse dark and more than 300 workers without jobs.

Logistics Firm Shuttering Atlanta Operations, Vacating 300K SF Warehouse

Matheson Flight Extenders, a third-party sorting and shipping company that contracts with the U.S. Postal Service, plans to close its facility at 1970 Maple Ave. in the West Fulton Commerce Park, near the intersection of Camp Creek Parkway and Campbellton Road.The planned closure, slated for Oct. 15, will…

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Top Stories on Bisnow.com

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Vantage Entering New Market With 1.7M SF Atlanta Data Center Campus

Vantage Entering New Market With 1.7M SF Atlanta Data Center Campus

Denver-based developer Vantage Data Centers is planning a 1.7M SF data center complex in suburban Atlanta.Vantage has filed plans with state and county officials to build three data centers in Douglas County. It's Vantage’s first project in Georgia, adding to a growing pipeline in…

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This Week's Atlanta Deal Sheet: Harry Norman Splits Buckhead Office

One of Atlanta’s largest residential brokerage firms is seeking to divide and conquer with a pair of Buckhead office leases.

This Week's Atlanta Deal Sheet: Harry Norman Splits Buckhead Office

After 18 years in one 20K SF office at 532 East Paces Ferry Road in the Buckhead Village, Harry Norman Realtors is splitting its 200-strong workforce into a corporate office division and a brokerage division. The corporate office is moving to 10K SF at Piedmont Center Building 5, while Harry Norman leased 9,200…

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In Case You Missed It...

Novare, Partners Break Ground On Luxury Acworth Apartments Novare, Partners Break Ground On Luxury Acworth Apartments
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DOJ, SEC Investigating Nightingale After $40M Of Investor Cash Allegedly Diverted To CEO's Accounts DOJ, SEC Investigating Nightingale After $40M Of Investor Cash Allegedly Diverted To CEO's Accounts
College Park Seeks Developers For 311-Acre Development Formerly Known As 'Airport City' College Park Seeks Developers For 311-Acre Development Formerly Known As 'Airport City'
 
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PODCAST: Breaking Down The CrowdStreet-Nightingale Missing Millions Scandal

PODCAST: Breaking Down The CrowdStreet-Nightingale Missing Millions Scandal  

On this episode of Bisnow Reports, we discuss the ongoing saga of Nightingale Properties and CrowdStreet — the two companies at the center of crowdfunding real estate deals that resulted in millions of dollars allegedly being embezzled.

Bisnow’s Jarred Schenke and Ethan Rothstein talk over the botched deals that saw around $60M of investor money disappear, which have resulted in the Department of Justice investigating after  nearly $40M of equity raised on CrowdStreet was allegedly diverted into accounts controlled by Nightingale CEO Elie Schwartz. Nightingale raised…

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