ATLANTA, GA -– Midtown (bottom right map) is gaining another national corporation with industrial real estate developer IDI taking two floors at 1100 Peachtree. (top right photo)The full-service industrial real estate company is moving its headquarters from Monarch Plaza (top left photo) in Buckhead to the 12th and Peachtree Street high-rise. In a deal brokered by John Shlesinger and Anne Lofye of CB Richard Ellis, IDI will lease 44,538 square feet.
“This move si
gnifies an important milestone for IDI as we celebrate our 20th anniversary in 2009,” said David Birdwell, (top left photo) chief operating officer of IDI.
“This move si
gnifies an important milestone for IDI as we celebrate our 20th anniversary in 2009,” said David Birdwell, (top left photo) chief operating officer of IDI. “We’ve grown our company organically, and our office space has been expanded in the same fashion. This new space is nearly a third larger than our current space, allowing us to combine some of the departments and groups that are spread out in our current office, and it provides us room for future growth.”
IDI will move in March 2009 and plans for its new space to be Leadership in Energy and Environmental Design (LEED) certified for interiors. “We’ve already had several planning sessions and are very excited about the early concepts,” Birdwell said.
Midtown’s amenities – including more than a dozen restaurants within a block’s walk from the 1100 Peachtree building – were a strong attraction for IDI. “As always in real estate, location is the biggest part of th
e deal,” Birdwell added. “1100 Peachtree has parks, restaurants, hotels and the High Museum, all within a few blocks walk. We’re also pleased to be in the company of an impressive array of financial firms and other businesses.”
IDI employs more than 120 people at its Atlanta headquarters, which supplies key executive, accounting, financing and investment functions for IDI offices nationwide. Eight regional offices – including Atlanta, Chicago, Cincinnati, Dallas, Fort Lauderdale, Los Angeles, Memphis and Philadelphia – provide full industrial real estate services to clients throughout the U.S. and Canada. The Atlanta regional offices will remain north of the city in Norcross.
IDI has developed more than 115 million total square feet of insti
tutional-investment quality industrial properties, ranging in size from 80,000 square feet to more than 1 million square feet, valued at $5.3 billion. IDI has grown from assets of $89 million to more than $925 million, plus ownership in long-term investments valued at more than $1.2 billion.
Atlanta-based IDI (http://www.idi.com/) is a full-service industrial real estate company with eight regional development offices. With a single focus on industrial real estate, IDI provides unmatched development, leasing, investment and property management services.
IDI will move in March 2009 and plans for its new space to be Leadership in Energy and Environmental Design (LEED) certified for interiors. “We’ve already had several planning sessions and are very excited about the early concepts,” Birdwell said.
Midtown’s amenities – including more than a dozen restaurants within a block’s walk from the 1100 Peachtree building – were a strong attraction for IDI. “As always in real estate, location is the biggest part of th
e deal,” Birdwell added. “1100 Peachtree has parks, restaurants, hotels and the High Museum, all within a few blocks walk. We’re also pleased to be in the company of an impressive array of financial firms and other businesses.”IDI employs more than 120 people at its Atlanta headquarters, which supplies key executive, accounting, financing and investment functions for IDI offices nationwide. Eight regional offices – including Atlanta, Chicago, Cincinnati, Dallas, Fort Lauderdale, Los Angeles, Memphis and Philadelphia – provide full industrial real estate services to clients throughout the U.S. and Canada. The Atlanta regional offices will remain north of the city in Norcross.
IDI has developed more than 115 million total square feet of insti
tutional-investment quality industrial properties, ranging in size from 80,000 square feet to more than 1 million square feet, valued at $5.3 billion. IDI has grown from assets of $89 million to more than $925 million, plus ownership in long-term investments valued at more than $1.2 billion.Atlanta-based IDI (http://www.idi.com/) is a full-service industrial real estate company with eight regional development offices. With a single focus on industrial real estate, IDI provides unmatched development, leasing, investment and property management services.
IDI’s state-of-the-art warehouse, distribution and light-manufacturing facilities enable clients to improve employee productivity, reduce operational costs and achieve global supply-chain efficiencies
.
. To date, IDI has developed more than 115 million square feet of space across North America for a growing roster of international clients. Subsidiary IDI Services Group (http://www.idisg.com/) provides comprehensive property management, leasing and construction management services.
Contact:
Charlotte Marie DuPre, Jackson Spalinding for IDI, P 404.214.3555. F 404.874.6545
Charlotte Marie DuPre, Jackson Spalinding for IDI, P 404.214.3555. F 404.874.6545
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