Cushman & Wakefield Secures 212,000 SF of Leases for Distribution Center, Packaging Plant
Graham Packaging Co., the leading global source for innovative and sustainable plastic packaging solutions, has expanded its presence in Metro Atlanta with two industrial leases totaling 212,000 square feet, Cushman & Wakefield announced today.
The company signed a 131,505-square-foot lease expansion for a distribution center at 555 Hartman Road in Austell, Georgia, and an 81,600-square-foot lease renewal for its packaging plant at 3495 Donald Lee Hollowell Parkway in Atlanta. The facilities will be upgraded to include increased central utilities, high speed production lines, increased storage capacity for both raw materials and finished goods, and an increase in office space.
“Graham Packaging Co. is committed to working with its customers to create best-in-class facilities to serve their needs,” said Mike King, President of Graham Packaging Co. “We are investing over $10 million to enhance these buildings, which will allow us to quadruple our production and create more than 40 jobs. We are excited to grow our footprint in the Atlanta market and to contribute to job creation.”
Kemp Conrad and Chris Copenhaver of Cushman & Wakefield represented Graham Packaging Co. in the lease transactions. The landlord for 555 Hartman Road is GLP Development, and the landlord for 3495 Donald Lee Hollowell Parkway is Hartz Mountain Industries.
For more information about Graham Packaging Co., visit its website.
Graham Packaging Co.
Graham Packaging Co., founded in 1970, is the leading global source for innovative and sustainable plastic packaging solutions. We operate in 16 countries, produce 19 billion container units annually, and generate approximately $2 billion in global sales. Our stability, innovation and customizable services attract Fortune 500 firms and small independent businesses alike. For more information, visit grahampackaging.com.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.