Summit Real Estate Group is pleased to announce the strategic disposition of the Nortech 1 building at its Peachtree Nortech portfolio in Atlanta, GA. The 216,416 square foot, five-building warehouse portfolio was acquired Q3 2019 on behalf of Summit’s Arrowrock Income & Growth Fund III (AIGF III). Occupancy at the 187,536 square foot, four-building portfolio that remains … Continued
Summit Real Estate Group is pleased to announce that EcoShield Pest Solutions, based in Gilbert, Arizona, has leased 11,285 square feet at Peachtree Nortech in Atlanta, Georgia. The 216,416 square foot, five-building warehouse portfolio was acquired Q3 2019 on behalf of Summit’s Arrowrock Income & Growth Fund III (AIGF III). The lease brings the project occupancy to 96%. EcoShield, … Continued
Summit Real Estate Group has completed its final close of Arrowrock Income & Growth Fund III, LP. The total fundraise, including co-investment commitments, for the infill industrial strategy exceeded $121 million and included both institutional and high net worth investors. The Fund’s investment strategy is to acquire and selectively develop infill, ‘last mile’ multi-tenant warehouse … Continued
Summit Real Estate Group is pleased to announce that Concentra Health Services, based in Addison, Texas, has leased 6,075 square feet at North Junction Plaza in north Houston, Texas. The 110,115 square foot shopping center, anchored by PetSmart and Chuck E. Cheese, was acquired Q2 2015 on behalf of Summit’s Arrowrock Income & Growth Fund … Continued
Summit Real Estate Group is pleased to announce that Olivia Wahl has joined the firm as Property Manager. Olivia brings nearly a decade of commercial property management experience to Summit. She began her real estate career in 2012 at CBRE where she worked on various portfolios consisting of office, retail, and industrial assets. Most recently, … Continued
Summit Real Estate Group is pleased to announce that it has placed a 52-acre site in Apopka, FL, just north of Orlando, under contract. To be acquired on behalf of Summit’s Arrowrock Income & Growth Fund III (AIGF III), the ground-up development project will be known as Crossroads 429 Industrial Park and include two multi-tenant … Continued
Creekside Distribution Center is a 538,500 square foot infill warehouse / distribution space in East Point, GA, just north of Hartsfield-Jackson Atlanta International Airport. Owned and operated by Summit Real Estate Group it was acquired in May 2020, when the property was 58% occupied. Walmart’s new lease expands their existing space by 100,000 square feet to … Continued
Summit Real Estate Group (“Summit”) is announcing that it has entered into a partnership with Metropolitan Real Estate (“Metropolitan”) to acquire and selectively develop infill, ‘last mile’ multi-tenant warehouse / distribution buildings in high-growth markets across the United States Sun Belt. Metropolitan has invested alongside Summit’s current fund, Arrowrock Income & Growth Fund III (“AIGF … Continued
Summit Real Estate Group, a vertically integrated commercial real estate investment and operating company based in St. Louis, Missouri, is announcing the disposition of its Park 225 – Phase II asset. Completed by Summit in Q4 2018, the 36,954 SF single-tenant manufacturing / warehouse building is part of a 2-building, 10-acre redevelopment site located in … Continued
Summit Real Estate Group, a vertically integrated commercial real estate investment and operating company based in St. Louis, Missouri, is announcing the partial disposition of The Crossings at Richmond Heights. The 13,600 SF multi-tenant retail center is part of a 106,000 SF mixed-use development completed by Summit in Q2 2019. The Crossings at Richmond Heights … Continued