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Marietta’s SYMS Shopping Center Sold

August 2013

JMDH Real Estate acquired the 77,086-square-foot retail property at 1803-1863 Roswell Rd. in Marietta, GA from Trinity Place Holdings, a private real estate investment trust, for an undisclosed price.

The retail space delivered in March of 1978 and sits on 10.37 acres of land in the Parkway Village Shopping Center. The property was formerly anchored by SYMS Warehouse. According to CoStar information, three tenants currently occupy the building. The shopping center is reportedly located in an area with some of the best statistical demographics in the Atlanta metropolitan area.

Tim Giambrone, vice president of investments and director of Marcus & Millichap’s national retail group, represented the seller. The buyer was represented by Luke Pope of Republic Property Co. Pope will also handle leasing for the property.

M&W Flooring Moves to Presidential Drive Business Center

July 2013

M&W Flooring has selected Presidential Drive Business Center to serve as its new corporate office. M&W signed a lease for the 3,710 square foot Suite E in building 3095 and the interior build-out is underway. Presidential Drive Business Center is a quality office/warehouse park located on Interstate 85 at the Chamblee Tucker Interchange. The park is comprised of two buildings totaling 62,581 square feet.

Tommy Watkins of Scotland Wright Associates represented M&W and Luke Pope of Republic Property Company represented the Landlord.

CertiFit Extends Lease at Air II

July 2013

CertiFit Auto Body Parts has extended its lease at 5021 Old Dixie Highway in Forest Park, Ga. CertiFit occupies 40,600 square feet and moved into the facility in 2008. 5021 Old Dixie Highway is a 105,920 square foot, class “A”,  light industrial facility within the AirLogistics Center II Industrial Park.

CertiFit was represented by Erik Murray of Lee and Associates in Kansas City and locally by Rick Tumlin who works out of  Lee’s Atlanta office.

Prologix Extends Lease at Crossroads DC

June 2013

Prologix Distribution Services has extended its lease at 2625 N Berkeley Lake Road in Duluth, Ga. Prologix occupies approximately 25,000 square feet at Crossroads Distribution Center and is a subsidiary of The News Group, the largest periodical wholesaler in North America.

John Brocksmith of Crossroads Commercial Real Estate represented Prologix and Luke Pope of Republic Property Company represented the Landlord.

 

GHS Renews at Avalon Ridge

January 2013

GHS Distribution, Inc. renewed its lease at 5060 Avalon Ridge Parkway in Norcross, Georgia. GHS occupies a 14,000 square foot facility in the 93,133 square foot building. 5060 Avalon Ridge is 100% leased to four tenants. The building was constructed in 1995 and is 24′ clear.

Transwestern’s Brent Dutson represented GHS and Republic Property Company’s Luke Pope represented the Landlord, in-house.

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