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| Lisa Ward |
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| Kris Bjorson |
ATLANTA, GA –
Atlanta-based Core5 Industrial Partners announced an 873,800 square-foot lease
to Duracell Corporation in their Shugart Farms property – Core5 Logistics Center
at Shugart Farms.
Duracell is the number one
battery brand in the world. The Core5
facility will provide Duracell distribution services for all of North America.
Sonoco, one of the largest global diversified packaging companies, will support
Duracell’s new battery packaging operation and DHL will handle the logistics.
The full building lease is
among the largest leases of the 2016 in the Atlanta region. Duracell was
represented by Kris Bjorson and Bill
Kee of JLL and Core5 was represented by Cushman & Wakefield..
“With Duracell battery
manufacturing facilities in the Southeast US, the proximity between these
locations made the state-of-the-art building at Shugart Farms the ideal
location,” said Lisa Ward, Core5’s
Senior Vice President and Managing Director.”
In addition to the location, Core5’s building
layout and flexibility played a key role in Duracell’s selection of the
facility.” Located in the I-85/Airport Submarket in Fairburn, Georgia just
south of Atlanta’s city center and less than 10 miles from Hartsfield Jackson
International Airport, the Shugart Farms building is Core5’s initial
development in Atlanta.
“The location is ideal for
our business”, stated Duracell’s Jackson Jones Operations Director. “The
building meets all of our criteria and the Core5 team was very responsive in
working with us on our tight schedule.”
The Airport Submarket has
been the most active submarket in Metro Atlanta over the last year, landing
several Fortune 500 companies for largescale distribution and e-commerce
fulfillment centers.
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| Bill Kee |
Core5 Industrial Partners
is an industrial real estate property company with expertise in development and
acquisition of inventory and build-to-suit facilities of Class A industrial
properties.
Headquartered in Atlanta, Georgia, Core5, named for its five core
business principles, was capitalized in 2015 by Kajima USA Group, whose $2
billion industrial holdings were sold in 2013.
With current activity in Atlanta
and Chicago, Core5 expansion plans include the key logistic hubs throughout the
US. For more information on Core5 Industrial Partners, visit www.c5ip.com.
The Duracell Company and
its iconic Duracell brand was acquired by Berkshire Hathaway, Inc. (NYSE-BRK)
in 2016.
Since its humble beginnings, Duracell has grown to be the leader in
the single-use battery market in North America. In a world where trust is at a
premium, Duracell products can be trusted to power all of life’s everyday
moments. Our products are trusted in the devices that keep people connected,
protect their families, entertain them, and simplify their increasingly mobile
lifestyles. Berkshire Hathaway is a $210B holding company owning subsidiaries
that engage in diverse business activities. For more information, visit www.duracell.com
For a complete
copy of the company’s news release, please contact:
Lisa Ward
Core5 Industrial Partners
404-262-5430
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