Suniva will use the 60,000-sf space to house production for its high-value solar cells. The company develops, manufactures and markets high-efficiency silicon photovoltaic (PV) cells for clean power generation in the hopes of driving the benefits of the product to a mass market. Originally based at the Georgia Institute of Technology's University Center of Excellence in Photovoltaics, the company is now ready to open its first large manufacturing facility at this site.
"This new building will help Suniva's mission of reducing cell manufacturing costs to make the price of solar power more cost-competitive to electricity from the grid," says Chris Miller, senior marketing/leasing manager with First Industrial, tells GlobeSt.com. "We're excited about the concept of having that kind of tenant in our portfolio given the current environmental concerns and need for efficient energy."
Suniva was represented by Price Weaver of Colliers Spectrum Cauble in the deal. Pat Murphy of CB Richard Ellis also assisted in the transaction. First Industrial's Atlanta portfolio is currently over nine million sf.
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