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Lincoln Brokers 17,272-Square-Foot Lease Renewal with Baumueller-Nuermont Corp. in Norcross, Georgia

14 Jul 2016

Lincoln Property Company has brokered a five-year, 17,272-square-foot lease renewal for Baumueller-Nuermont Corp. at 1555 Oakbrook Place, a flex warehouse property located in Norcross, Georgia. George Gwaltney and Denton Shamburger of Lincoln represented the landlord, Blackstone, in the transaction and Eric Vayle of JLL represented the tenant.

“The industrial market has shown strong signs of recovery and is expected to continue to show marked improvement through the remainder of the year,” Shamburger said. “Norcross in particular has proved a growing industrial market, and we are glad Baumueller-Nuermont Corp. sees the value in leasing at Oakbrook Place.”

The single-story, warehouse flex space is part of the Oakbrook Place office complex located in Norcross. The property sits on more than five acres and offers convenient access to the Jimmy Carter and Indian Trail exits off Interstate 85, as well as an 18-foot clear height, large truck courts, and office, grade-level and dock-high loading.