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Farpoint Development and MCZ DEVELOPMENT CORPORATION are embracing the power of AI at 939 W North Avenue in Chicago's Lincoln Park—partnering with Prophia to make data-driven leasing management decisions. This innovative approach shows their commitment to new technology that improves tenant experiences.
Annenberg Investments Ltd and Farpoint Development have partnered to acquire 3450 Simmons Drive in Waycross, Georgia — a Class-A industrial property with a total building area of 217,500 square feet, set on 42 acres of land. The main building, constructed in 2004, features 202,500 square feet of warehouse space and 15,000 square feet of office space, and was built using concrete tilt wall construction with 50' x 50' column spacing. Moreover, the building is expandable, with knockout panels allowing for an additional 100,000 square feet of space. Located in Southeast Georgia, Waycross offers convenient regional access to markets in both North Florida and Coastal Georgia, including Jacksonville, Florida (1.5 hours), Brunswick, Georgia (1 hour), and Savannah, Georgia (2 hours), and the East Coast's largest and deepwater ocean ports. The property is situated ~1 mile from the largest CSX computerized rail yard on the East Coast, solidifying its status as the central hub for all rail traffic in the southeastern region. Six distinct CSX lines intersect in Waycross, providing unparalleled direct access to various areas within the southeastern United States. Eric Helfand, Principal at Farpoint shares, "Waycross sits at a premier key crossroads in the Southeastern United States, and is perfectly positioned as a hub for commerce, industry and transportation. Due to its valuable location, businesses can more effectively ship goods by rail, truck, or ocean freight. The region boasts robust economic development growth, with a diverse array of manufacturing, logistics, and distribution companies taking advantage of Waycross' strategic location and transportation infrastructure." David Cooper Annenberg, Partner at Annenberg Investments says, "Building upon our partnership with Farpoint Development, we are excited to continue the success story of what we achieved working together on a similar commercial property in Clinton, South Carolina. We are confident that this industrial facility in Waycross, Georgia will become a thriving industrial hub, attracting top tenants and setting the standard for excellence in the region." Thank you to Jason Rubenbauer, MBA at the Waycross-Ware County Development Authority, RRA Capital | CRE Bridge Lender, Aspen Funds, Daniel Rosenberg, and Logan Petersmeyer at BWE. For leasing opportunities, contact Greg Haynes, SIOR, and Stuart Pendley, SIOR, at CBRE. Learn more about Annenberg Investments: annenbergltd.com Learn more about Farpoint Development: farpointdev.com CC: Jeff Annenberg, Justin Patwin, Nick Hollstegge, SIOR, Brant Patton #GeorgiaCRE #IndustrialRealEstate #IndustrialDevelopment
Fall is the perfect time to experience Chicago's diverse range of events and festivals. From art shows to food and music gatherings, the city is buzzing with activity. Discover what makes Chicago special this season: https://lnkd.in/g9gxWwkm #FarpointDevelopment #ChicagoFestivals #FallInChicago
This International Day of Charity, we're honored to highlight the impactful work happening in our communities. From volunteering at local food banks, providing mentorship and resources to industry organizations, to creating cozy homes over the holidays, our team is dedicated to creating positive change all year round. Whether it's donating time, skills, or resources, every act of kindness ripples outward. Join us in strengthening our communities and spreading compassion. How will you make an impact today? #FarpointDevelopment #InternationalDayOfCharity #GiveBack
Farpoint is proud to sponsor The Harold Washington Literary Award (HWLA), an award presented annually by the Near South Planning Board in Chicago to recognize authors whose works amplify contemporary social topics. 📖 The Award is named after Harold Washington, Chicago's first African American mayor, and recognizes literary excellence and promotes diverse voices, serving as a highlight of the city's cultural calendar and kicking off the annual Printers Row Lit Fest. #HaroldWashingtonLiteraryAward #PrintersRowLitFest #FarpointDevelopment #SupportTheArts #CommunityEngagement #Literature #DiverseVoices
We’re excited to share that 6300 River Road is now 84% occupied! This upscale boutique Class A office building offers an exceptional suburban office experience with top-tier amenities. 🏢 Enjoy on-site amenities like a bar and café, fitness center, a zen garden, and golf simulator. Plus, you’ll be just moments away from Rosemont’s lively restaurant and entertainment district. 6300 River Road is the ideal setting for a sophisticated and convenient workplace. Don’t miss your chance to be part of this premier office community—click the link in our bio to secure your space today! https://lnkd.in/gcyqV4Qj #6300RiverRoad #OfficeSpace #Rosemont #ClassAOffice #SuburbanOffice #ProfessionalEnvironment
Happy Labor Day! Today, we celebrate more than a day off—we honor the resilience, innovation, and strength of workers who shape our world. Your efforts, seen and unseen, build the foundation of our society. #FarpointDevelopment #LaborDay #WorkerAppreciation
At Farpoint Development, we're proud to support Chicago’s vibrant Black-owned businesses. Check out @timeout’s list of 24 standout Black-owned ventures in the city—from top eateries to innovative platforms. By championing these businesses, we champion Chicago itself. As Gwendolyn Brooks said, “We are each other’s harvest, we are each other’s business.” https://lnkd.in/eDTd42Qc #FarpointDevelopment #NationalBlackBusinessMonth #SupportBlackBusinesses
We’ve reached the halfway point of 2024, and it’s been an exciting journey. From marveling at a spectacular solar eclipse and savoring local flavors at the Greater Chicago Food Festival to connecting with industry leaders at CMAA and attending the Democratic National Convention, we’ve had many memorable moments. A special highlight was the brilliant presentation by our wonderful interns. Thank you for being part of our story—here’s to more incredible experiences ahead! #FarpointDevelopment #Milestones #HalfYearReview
In celebration of National Dog Day, we’re showcasing the beloved pets of our Farpoint Development team. 🐶 Swipe to meet the dogs who brighten our team members' lives. #FarpointDevelopment #NationalDogDay #DogsofFarpoint
Our Managing Director of Healthcare Real Estate, Alex Katz, will speak at the Bisnow Chicago Healthcare Summit on the panel "Dissecting Today's Healthcare Market." Alex will share his insights about what healthcare providers and hospital systems are developing and building to reshape the inpatient and outpatient experience. Our Founding Principals, Regina Stilp and Scott Goodman, will also be in attendance. We're looking forward to sharing insights and connecting with industry leaders who are creating health opportunities for our City. #FarpointDevelopment #ChicagoHealthcareSummit #HealthcareRealEstate #PatientExperience #Construction #Design #HealthcareFacilities #IndustryInsights #PanelDiscussion
We are excited to be working with the Prophia team!