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Feb. 11, 2013

Duke Realty Closes Multiple Industrial Leases in Northeast Atlanta

By Georgiana Mihaila, Associate Editor

In what seems to be a thriving week for Duke Realty’s Atlanta office, four companies have signed leases totaling 365,180 square feet at business parks in the northeast submarket of Atlanta.

Birmingham, Ala.-based Pinnacle Data Systems—provider of business critical documents for Fortune 500 companies—will move from its current space in the Gwinnett Park business complex into 72,274 square feet at Duke Realty’s Horizon Business Center, a 3.4-million-square-foot, Class-A industrial park located off I-85 in Suwannee, Ga. Significant tenant improvements will be made to accommodate the company, including work on air conditioning, printing and power needs.

Sprinkler systems and fire protection services provider Century Fire will be consolidating its Atlanta operations by moving from its corporate headquarters at Duke Realty’s Pinebrook business park and from another office location in Duluth into a single facility. The company has chosen a stand-alone 68,400-square-foot warehouse and distribution building located at 2450 Meadowbrook Parkway in Duluth. The move will increase Century Fire Protection’s footprint in Georgia by 40,000 square feet. The company plans to move into the Meadowbrook building in first-quarter 2013.

Video communication company AVI-SPL signed a lease for 18,806 square feet of space at 3079 Premiere Parkway, bringing the building’s occupancy to 100 percent. 3079 Premiere Parkway is a 101,600-square-foot building at the Business Park at Sugarloaf in Duluth.

Anixter Inc., a Chicago-based provider of communication products, has renewed its 205,700-square-foot lease at 250 Horizon Drive, a 267,600-square-foot distribution building in Horizon Business Center which it shares with only one other tenant, Best Buy.

“Duke Realty is pleased to accommodate the business needs of these four successful businesses,” said Chris Brown, Senior Vice President, Georgia Operations in Duke Realty’s Atlanta office. “Anixter and Century Fire Protection have been valued tenants for many years, and we’re glad to retain both companies. We also welcome Pinnacle Data Systems and AVI-SPL Holdings to our portfolio and look forward to providing them with flexible, high-quality space to accommodate their continued growth.”

Image: 3079 Premiere Parkway via DukeRealty.com

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