News

Cushman & Wakefield’s Capital Markets Group brokers the sale of the Peachtree North Industrial Portfolio in Atlanta

January 8th, 2015

ATLANTA, GA – January 8, 2015 – Cushman & Wakefeld announced today that its National Industrial Advisory Group has represented McDonald Development in the sale of the Peachtree North Industrial Portfolio consisting of four multi-tenant class A warehouse buildings totaling 708,370 square feet. Located in Atlanta’s largest I-85/Northeast industrial submarket, the portfolio comprises buildings 1200,...

McDonald to build distribution center

October 26th, 2014

McDonald Development Company plans to start work in the frst quarter of next year on a distribution center at the Crossroads Distribution Park on Gills Drive in Orlando. As planned, the facility would include 86,500 square feet with front-loading capabilities. Tom McFadden and William Bradford, principals with Lee & Associates Central Florida, represented Duke Realty...

FedEx Growing in Atlanta’s North Side

August 19th, 2009

FedEx Ground will expand its distribution center next to McCollum Field in Cobb County, Ga. The Memphis, Tenn.-based package shipper (NYSE: FDX), and chief rival to Atlanta-based United Parcel Service Inc. (NYSE: UPS), will add 85,000 square feet to the facility. The move will aid FedEx's handling of local, regional and country-wide service. “We believe...

Suffolk Captures Awards of Excellence

November 4th, 2008

The Hampton Roads Association for Commercial Real Estate (HRACRE) recently announced that two buildings in Suffolk were recipients of Excellence in Development Design Awards for 2008. HRACRE's Excellence in Development Design Awards program recognizes outstanding projects throughout Hampton Roads. This year, HRACRE awarded Virginia Commerce Center Building 100, located on Kenyon Road near Downtown with...

Giant warehouses point to logistics growth

May 9th, 2005

Trammell Crow Co.'s Wit Truitt assisted PetsMart Inc. last year in leasing a 1 million-square-foot distribution facility in Illinois. This time, the transaction is heading a little closer to Truitt's home base of Atlanta, as the pet products retailer is looking for a site for another 1 million-square-foot warehouse along the Interstate 85 South corridor....

McDonald’s Master Plan

October 1st, 2004

McDonald Development Company specializes in master-planned industrial parks across the Southeast. Like most real estate developers, John McDonald knows that real estate is a competitive industry. That's why the founder of McDonald Development Company has chosen to specialize in high quality business parks, including both industrial distribution and single-story office buildings.  Since 1992, the company...

McDonald eyes expansion, sets sights on Southeast

May 10th, 2004

In recent years, McDonald Development Co. has expanded beyond its Atlanta roots, with large-scale projects now under way in Savannah, Waycross and Orlando, Fla. More geographical diversifcation lies ahead, said owner and president John McDonald. "We'll go where the opportunities take us," said McDonald, adding that markets in other Southeastern states are on the radar...