The Wilbert Group Blog

Making News: Our Clients in the Headlines 6/15/17

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Unknown1. The Wilbert Group is proud to have helped shine a light on a compassionate and important organization, Destroy Pancreatic Cancer. Spokesperson Mark Gelinas and board member Mike Broxterman were recently featured on HLN’s MichaeLA to discuss the foundation’s mission and founder John Couvillon’s legacy. You can watch the full segment here.

2. Amazon has a plan for a new distribution hub in Atlanta that will ultimately employ about 1,000 full-time workers. The new “fulfillment center” in Jefferson will be Amazon’s second in Jackson County, and the announcement comes amid the Fortune 500 company’s push to provide rapid delivery — including same-day — to more customers. Jared Wiesel, partner at Revenue Analytics, told the Atlanta Journal Constitution’s Scott Trubey that Amazon’s push to open more fulfillment centers is part of its goal to enable delivery within hours, saying “Two of Amazon’s greatest competitive strengths are around convenience and price.”

Screen Shot 2017-06-13 at 2.39.52 PM3. Preferred Apartment Communities Inc. (PAC) recently purchased Rockbridge Village, a roughly 102,432-square-foot retail center in Stone Mountain that is anchored by a 68,632-square-foot Kroger grocery store. Commercial Property Executive profiled PAC’s new asset, which it acquired through its wholly owned subsidiary New Market Properties LLC. The company financed the purchase through a non-recourse first mortgage loan originated by The Prudential Insurance Company of America.

4. General contracting firm New South Construction Company has completed construction of two Georgia senior living communities. The Glen at Lake Oconee in Greensboro and Thrive at Frederica in St. Simons are the latest to join New South Construction’s portfolio of senior living communities across the Southeast United States. New South president Huntly Gordon spoke with Multi Housing News about the projects, saying, “We’re proud to deliver modern luxury accommodations for future residents.”

5. In the past few years, there’s been a flood of intown Atlanta chefs and restaurateurs expanding OTP. While that hooped highway known as the perimeter can often feel like a solid wall when it comes to cultural differences, the fact is that literally millions of people live in the suburbs outside 285, all of whom eat and many of whom have the disposable income to eat quite well. A recent Creative Loafing article on the phenomenon profiled several OTP high-end food locations, including Avalon in Alpharetta, home to Ford Fry restaurant El Felix, a sister concept to intown Superica.

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