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Lincoln Property Company Southeast Brokers 236,908 Square Feet of Leases at Horizon Creek Distribution Center

19 Dec 2012
Horizon Creek

Lincoln Property Company Southeast has brokered recent leases totaling 236,908 square feet at Horizon Creek Distribution Center, a three-building, 482,984-square-foot industrial park located just outside of Atlanta in Suwanee, Ga.

Denton Shamburger, vice president of Lincoln Property Group Southeast, represented the landlord, a state pension fund, in each of the leases. The transactions are as follows:

• Atlanta Cable Sales Inc. renewed its lease of 96,675 square feet for seven years. Chip Craighill of Cushman & Wakefield represented the tenant.

• Sienna Corp. signed a 10-year new lease for an 88,429-square-foot building that includes more than 12,000 square feet of office space. Adam Richards with Resource Real Estate Partners represented the tenant.

• Personal Touch Deliveries Inc. signed a five-year renewal and expansion totaling 51,804 square feet. The expansion totals approximately 21,000 square feet. Brad Pope of Hailey Realty Co. represented the tenant.

Lincoln acquired Horizon Creek on behalf of the pension fund in August 2011 and took over the management and leasing of the property. At the time, all of the leases at the center were set to expire by 2014, but Lincoln already has secured long-term leases for more than 312,300 square feet at Horizon Creek.

“We knew when we acquired this property the challenge that we faced, but through an aggressive, proactive marketing effort, we have accomplished our goal of securing the long-term occupancy of Horizon Creek two years ahead of schedule,” Shamburger said. “We had a tremendously active fall leasing season here at Lincoln.”

“Horizon Creek is an outstanding property located in a great area of the city for industrial and distribution clients,” said Tony Bartlett, senior vice president of Lincoln Property Company Southeast. “Denton and our team have done a remarkable job in securing the long-term occupancy of this property and creating value for our pension-fund client.”