CORFAC News

ATLANTA, GA, May 17, 2010—King Industrial Realty, Inc./CORFAC International today announced that it represented Cobalt Industrial REIT in leasing 29,948 sq. ft. office/warehouse space in the building known as 750 Great Southwest Parkway, Atlanta, GA to Grady Memorial Hospital d/b/a Grady Health System for 15 years. 

Wilson S. Covington, Senior Vice-President and Randall R. Bryan, Sales Associate of King Industrial Realty, Inc., represented the Landlord, Cobalt Industrial REIT. David Ellis and Bryant Cornett of Ackerman & Co. represented the Tenant. Gray Bouchillon, Asset Manager with Cobalt Capital Partners commented, "Cobalt is extremely excited about the 15-year lease commitment with Grady Health System. 750 Great Southwest Parkway is the ideal facility for their operation due to its premier location and superior building functionality. Throughout the negotiation, Wilson and Randall were instrumental in helping Grady identify these competitive advantages of our building.”Totaling 38,620 square feet, the facility is located in the Fulton Industrial submarket of Atlanta, and just a short distance from Camp Creek Parkway and the Hartsfield-Jackson International Airport. About Cobalt Capital PartnersCobalt Capital Partners, a Dallas-based private equity firm, acquires, manages and develops light industrial properties in major metropolitan markets throughout the United States. Cobalt Industrial REIT is a private REIT advised by Cobalt Capital Partners. Across its national platform, Cobalt Capital Partners entities own over 27 million square feet of light industrial space.About King Industrial Realty, Inc. /CORFAC InternationalFounded in 1980, King Industrial Realty, Inc. is built upon superior local knowledge of the Atlanta industrial real estate market, broker professionalism and relationships. With its proprietary database, PinPoint^SM,King Industrial Realty tracks over 600 million square feet of industrial space. As a result, King is Atlanta’s #1 local industrial real estate expert with global reach. With the area's largest concentration of active industrial agents and collective experience, King Industrial Realty negotiated 5,471 leases and sales of more than 83.8 million square feet of warehouse, distribution, manufacturing, high-tech, and other product types since January 1995.  For more information on King Industrial Realty/CORFAC International, please contact Sim F. Doughtie at 404.942.2000 or visit www.kingindustrial.com.About CORFAC International

CORFAC International is one of the largest commercial real estate services organizations in the world and celebrates its 20^th year in 2009. U.S.-based CORFAC is comprised of privately held entrepreneurial firms serving more than 150 markets in The Americas and internationally through alliances with UK-based King Sturge and Panama-based Latin American Corporate Property Services. In recent years, CORFAC firms completed over 9,000 commercial real estate transactions annually, encompassing more than 300 million square feet and valued each year in excess of $30 billion. For more information on CORFAC contact 954-923-6160, info@corfac.com or visit www.corfac.com