IDI Leases 171,779 SF to Sensormatic Electronics Corp. in Lithia Springs, GA

ATLANTA, GA July 21, 2009 – IDI, a full-service industrial real estate company, has executed a 171,779-square-foot, five year lease in Lithia Springs, Ga., with Sensormatic Electronics Corp., a division of Tyco International (NYSE: TYC) and leading provider of security and fire safety products and services for the commercial and residential sectors.

The Boca Raton, Fla.-based company will relocate office, warehouse and distribution functions from a nearby facility to WestPoint at Riverside, Building B (top right photo) at 2600 West Point Drive in October 2009.

Building B is within the 150-acre, 1.25 million-square-foot WestPoint at Riverside Business Park, which consists of five buildings. WestPoint at Riverside offers convenient access to Interstate-20, Interstate-285 and Hartsfield Jackson Atlanta International Airport. Sensormatic joins Alston & Bird, LLC in Building B, leaving 34,425 square feet available for lease.

“Sensormatic and Tyco are innovators and industry leaders, and we are pleased to work with them as they continue to serve the Southeast from this new facility in metro Atlanta,” said Lisa Ward, CCIM, vice president of leasing for IDI.

Henry Johnson of CB Richard Ellis, El Segundo, Calif., and Tony Kepano and Peter Seward of CB Richard Ellis, Atlanta, represented Sensormatic in the lease negotiations.

Contacts:


Kim Hardcastle, Jackson Spalding for IDI 404-214-0693, khardcastle@jacksonspalding.com
Charlotte Marie DuPre, Jackson Spalding for IDI, 404-214-3555, cdupre@jacksonspalding.com