March 09, 2010
240,000-SQUARE-FOOT GREENSBORO WAREHOUSE LEASE ARRANGED
GREENSBORO, N.C. — High Point, N.C.-based Bernards has signed a 240,000-square-foot lease with Tower Greensboro of Woodland, Calif., for space in a Greensboro warehouse. The property is located at 5644 Hornaday Rd. Jordan Reece and AB Henley of Triad Commercial Properties represented the tenant. Dodson Schenk of CB Richard Ellis represented the landlord.
SHIPPING COMPANY LEASES SAVANNAH WAREHOUSE SPACE
SAVANNAH, GA. — Maersk Distribution Services has leased 195,000 square feet of warehouse space from Duke Realty Corp. at 318 Grange Rd. in Savannah. The tenant is a U.S. division of Denmark-based Maersk Line, a shipping company. Brian Sutton of Duke Realty served as in-house representation for the company. Colliers Neely Dales' John Neely represented Maersk.
FIRM BUYS 157,000-SQUARE-FOOT WAREHOUSE IN ATLANTA
ATLANTA — Display Fixture Warehouse has purchased a 157,000-square-foot warehouse from General Electric Capital for an undisclosed amount. The property is located at 4970 Fulton Industrial Blvd. in Atlanta. Bradley Bays of King Industrial Realty represented the buyer. Lincoln Property Co.'s Denton Shamburger represented the landlord.
64-UNIT EMERSON PLAZA II COMPLETE IN FLORIDA
ALTAMONTE SPRINGS, FLA. — Emerson International has completed the development of Emerson Plaza II, a 64-unit luxury apartment complex in Altamonte Springs. The 12-story tower, which overlooks Cranes Roost Park, includes two rooftop penthouses. Additional features include a recreation center, a pool and spa, and a fitness center.