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| Horizon Creek Distribution Center, Suwanee, GA |
ATLANTA, GA (Jan. 8, 2013) – Lincoln Property Company
Southeast has brokered recent leases totaling 236,908 square feet at Horizon
Creek Distribution Center, a three-building, 482,984-square-foot industrial
park located just outside of Atlanta in Suwanee, Ga.
Denton Shamburger, vice president of Lincoln Property
Group Southeast, represented the landlord, a state pension fund, in each of the
leases. The transactions are as follows:
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| Denton Shamburger |
• Atlanta Cable Sales Inc. renewed its lease of 96,675
square feet for seven years. Chip Craighill of Cushman & Wakefield
represented the tenant.
• Sienna Corp. signed a 10-year new lease for an
88,429-square-foot building that includes more than 12,000 square feet of
office space. Adam Richards with Resource Real Estate Partners represented the
tenant.
• Personal Touch Deliveries Inc. signed a five-year renewal
and expansion totaling 51,804 square feet. The expansion totals approximately
21,000 square feet. Brad Pope of Hailey Realty Co. represented the tenant.
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| Tony Bartlett |
Lincoln acquired Horizon Creek on behalf of the pension fund
in August 2011 and took over the management and leasing of the property. At the
time, all of the leases at the center were set to expire by 2014, but Lincoln
already has secured long-term leases for more than 312,300 square feet at
Horizon Creek.
“We knew when we acquired this property the challenge that
we faced, but through an aggressive, proactive marketing effort, we have
accomplished our goal of securing the long-term occupancy of Horizon Creek two
years ahead of schedule,” Shamburger said. “We had a tremendously active fall
leasing season here at Lincoln.”
“Horizon Creek is an outstanding property located in a great
area of the city for industrial and distribution clients,” said Tony Bartlett,
senior vice president of Lincoln Property Company Southeast. “Denton and our
team have done a remarkable job in securing the long-term occupancy of this
property and creating value for our pension-fund client.”
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
The Wilbert Group
404-965-5026
.
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