One of several Summit-led ground-up development projects currently under construction, US 1 North Commerce Center in Raleigh, NC recently held a groundbreaking ceremony to officially kick-off the $164 million project (upon complete buildout) and introduce the industrial park to the local and regional business community. Several news outlets covered the event as well as Franklin … Continued
Summit has launched Mission Realty Advisors to help other area nonprofits develop effective solutions to their changing commercial real estate needs. Mission Realty Advisors provides commercial real estate consulting and development services at competitive rates to help nonprofits meet their evolving real estate needs while devoting less of their resources to real estate expenses and … Continued
Summit Real Estate Group is pleased to announce that it has closed on an existing warehouse building and an adjacent 23.2-acre industrial site north of Miami, FL in Broward County. Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV, the acquisition and development project will be known as South Florida Distribution Center and include … Continued
Summit Real Estate Group’s Arrowrock Industrial Fund IV is pleased to announce the delivery of Gateway 29 in Spartanburg, SC. Located in the Upper Spartanburg industrial submarket and part of the greater Greenville-Spartanburg market, the Class A, 247,730 SF rear-load building offers immediate access to I-85 at Highway 29. With its flexible, multi-tenant design and … Continued
Summit Real Estate Group is pleased to announce that Ryan Carlie has joined the firm as an Senior Managing Director, Investments. Ryan will be responsible for site selection and acquisition, due diligence, government approvals, and assisting in construction and design efforts. Prior to joining Summit, Ryan was a Senior Director of Development with Opus Development … Continued
Summit Real Estate Group is pleased to announce the disposition of Crossroads 429 Industrial Park in Apopka, FL, just north of Orlando. The speculative, ground-up industrial development project is a Class A, multi-tenant warehouse portfolio comprised of two front-park, rear-load buildings totaling 280,437 square feet. Located in Orlando’s Northwest Orange County industrial submarket, the buildings … Continued
One of several Summit-led ground-up development projects currently under construction, Pineview Trade Center in Columbia, SC was recently featured in multiple articles that are posted below. The 34-acre industrial site was acquired on behalf of Summit’s Arrowrock US Industrial Fund IV in Q4 2022. New 350,000-square-foot industrial building coming to red hot Richland County A … Continued
Summit Real Estate Group is pleased to announce that St. Louis-based CommSell Inc. has leased 28,704 square feet at Crosstown Logistics Park. CommSell provides consumer electronic distribution services including fulfillment, technology sourcing, ecommerce, and technology manufacturing with a focus on smartphones, tablets, and accessories. The new lease brings the building’s occupancy to 100%. In addition … Continued
Summit Real Estate Group is pleased to announce that Jack Kemper has joined the firm as an Analyst, Investments. Jack will be involved in investment analysis on prospective acquisitions and developments as well as aspects of acquisition strategy including underwriting and due diligence. Prior to joining Summit, Jack worked as a broker in the senior … Continued
Delivered December 2022, leasing activity at Summit Real Estate Group’s Crosstown Logistics Park has already exceeded initial projections. The Class A, 243,984 SF multi-tenant warehouse building is located in St. Louis’ Central County submarket. Ideally situated beside I-170, the rear-load building provides direct access to all of St. Louis’ major business centers as well as … Continued