Monday September 13th 2010
Industrial Deals: Bread and Rocks
This week’s round up of industrial deals involves bread – King’s Hawaiian, to be exact – and Spanish quartz produced by Cosentino North America.
King’s Hawaiian will locate a bakery and distribution center at Pattillo Industrial Real Estate’s Oakwood South Industrial Park in Hall County, taking an 111,000-square-foot spec building. The project will create 126 jobs in the next two years, and the baked-goods company expects to add another 100 jobs by 2015. Brent Weitnauer and Chip Watson, at CB Richard Ellis when the location process started and now at Avison Young, represented King’s Hawaiian, while Pattillo’s Ben Stafford and John Drake represented ownership.
Moving on to Norcross, Cosentino leased Shaheen & Co.’s 28,000-square-foot 1741 Wilwat Drive building for its Atlanta show room. Fred Victor of Lavista Associates represented Cosentino, which is the world’s largest manufacturer of natural quartz surfaces. Shaheen’s Calvin O’Keefe represented ownership.
Also leased by O’Keefe, Shaheen’s new multi-tenant building at 1741 Wilwat Drive has attracted its first tenant. Office Furniture Installation Solutions leased 16,000 square feet at the 54,000-square-foot building in a direct deal, expanding from another nearby Shaheen property. The transaction leaves the building with 18,000- and 20,000-square-foot blocks of space, O’Keefe said.
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