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Wednesday, 14 July 1999

Ace Building Warehouse in Alabama

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July 15, 1999

LOXLEY, Ala. (AP) – Ace Hardware Corp. will break ground tomorrow on a $35 million distribution facility in Loxley.

The facility, the size of 16 football fields, is expected to create 325 new jobs, the mayor of Loxley, Bill Middleton said. It could also inject $7 million into the town's economy.

The facility, on 103 acres, will have 750,000 square feet of warehouse space and about 30,000 square feet of office space.

Ace officials have invited the whole town of about 1,450 to the groundbreaking, which is billed as a "Taste of Alabama" picnic and festival.

Ace, based in Oak Brook, Ill., has 17 other distribution facilities, including Gainesville, Ga., and Tampa, Fla.

The company expects to begin its first deliveries from the Loxley warehouse in the fall of 2000. It will serve 325 Ace retailers in Alabama, Louisiana, Mississippi and the Florida Panhandle.
–Garry Mitchell
Associated Press Writer


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Additional Info

  • Syndicate to Realpoint: No
  • States: Alabama
  • Sector: Industrial
  • Subject: Development/Construction (DEV)
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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