Stockbridge Amends 2024 Budget by $32.9 Million to Account for 'Mismanagement' of Funds

Stockbridge amends 2024 budget by $32.9 million to account for 'mismanagement' of funds

McDONOUGH – The city of Stockbridge has admitted to mismanaging funds after the City Council approved an amendment to the fiscal year 2024 budget by an additional $32.9 million. The city’s Finance Director Frank Milazi said additional funds were spent…

Stockbridge Snatches Industrial for $99.5M - Orange County Business Journal

IDI Logistics, an Atlanta-based developer of distribution, manufacturing and warehouse facilities, sold a 290,920-square-foot industrial building it owned in Buena Park to Stockbridge Capital Group LLC for $99.5 million, the biggest industrial deal of the second quarter. The property sold for $342 per square foot, according to a grant deed for the transaction. Escrow closed in June, according to CoStar. IDI Logistics bought the property as part …