ATLANTA—Call it a passing of the baton. King Industrial Realty/CORFAC International just announced a new partnership to continue its legacy as one of the top industrial real estate firms in Atlanta.

Charles B. King, Jr. just sold the majority of his interest in the company he founded in 1980 to six of King's top producers. Sim Doughtie, Bill Johnston, Steve Ratchford, Sally Tennant, Wilson Covington, and Jason McCart make up the new partnership.

The firm will continue to do business as King Industrial Realty. King will remain a limited partner. Terms of the succession plan were not disclosed.

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