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| 4335 Wendell Drive, Atlanta, GA |
ATLANTA, GA (April 1, 2013) – Lincoln Property Company
Southeast (Lincoln) has brokered the sale of Printpack’s 195,000-square-foot
former headquarters at 4335 Wendell Drive in west Atlanta. Denton
Shamburger, vice president of industrial leasing at Lincoln, represented
Printpack in the transaction, the terms of which were not disclosed.
Central Pipe &
Supply purchased the two-story building and will relocate its Doraville, Ga.,
headquarters to the facility. Ed Riggins of Cresa Atlanta represented
the buyer.
Sitting on nearly 16
acres, the building features more than 140,000 square feet of warehouse space
and approximately 55,000 square feet of office space. Printpack replaced the
roof in 2011.
Lincoln provides a
variety of services for Printpack, which develops packaging for a wide range of
products. Lincoln provides facilities management, lease administration and
property transaction services for the firm.
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| Tony Bartlett |
“Printpack is a firm
that we have a longstanding and comprehensive relationship with, and brokering
the sale of its former headquarters to a high-quality buyer is just another way
we’ve created tremendous value for the company,” said Tony Bartlett, senior
vice president for Lincoln. “Denton did a great job finding the right buyer for
this asset.”
For a complete copy
of the company’s news release, please contact
Stephen Ursery
The Wilbert Group
404-965-5026
