Middlesex Center Building II, Philadelphia, PA
ATLANTA, GA – IDI, a leading full-service industrial real
estate company based in Atlanta, announced today it surpassed 2 million square
feet (2,566,084 square feet) in leasing since January 2013.
Tim Gunter |
New leasing activity occurred in eight U.S. markets this
year, with the largest lease in Philadelphia at Middlesex Center Building II
totaling 751,450 square feet.
“Our 2013 numbers
for leases are promising, with this being one of the strongest quarters in
IDI’s history,” said Tim Gunter, IDI’s President and Chief Executive
Officer.
“More importantly, we believe this marks hard proof of a
resurgence in our industry. Every region is seeing activity and IDI is
motivated to continue to be an industrial leader and grow our portfolio all
while providing our customers with quality buildings that offer long-term
value.”
Bollingbrook West II, Bollingbrook, IL |
The Memphis market,
which was IDI’s most active market in 2012, continued that trend in the first
part of 2013 with two industrial property leases totaling 788,148 square feet.
Trane U.S., Inc. renewed its 373,644-square-foot lease at the Stateline H
facility while The TJX Companies, Inc. signed a new 414,504-square-foot lease
at Chickasaw D.
Focusing on a wide
range of industrial real estate services from investments to property
management, IDI has also seen success in other markets such as Atlanta,
Chicago, Cincinnati, Dallas, Ft. Lauderdale and Los Angeles.
Rock Run VI Business Park, South Chicago, IL |
Several of these markets saw 100 percent lease-up at
industrial facilities with tenants like Art Van Furniture at Bolingbrook
West II in Illinois, Petco Animal Supplies Store, Inc. at Rock Run VI
south of Chicago and a specialty retailer of high-quality products for the
home at Middlesex Center Building II in Philadelphia.
Currently, IDI has
nearly 7 million square feet under development in nine states and has been the
first to market with new inventory space in several cities, taking the lead as
the industry moves out of the recession.
For a complete copy
of the company’s news release, please contact:
Matt Scofield
Jackson Spalding for IDI
404-214-3554
Colleen Murphy
Jackson Spalding for IDI
404-214-0934
No comments:
Post a Comment