The subsidiary of Brazilian-based WEG SA will move in early 2010from its current location at 1327 Northbrook Parkway in nearbySuwanee. "This location is in proximity to our current offices andwarehouses, allowing minimal disruption to our operations," saysDavid Pipes, president of WEG Electric, adding that the largeroffice and warehouse space will accommodate its continued growth inthe US.

|

Chris Brown, senior vice president of Duke's Atlanta industrialsegment, says the long-term commitment by WEG highlightsSugarloaf's location, access and corporate atmosphere. Duke VPBrian Sutton represented the owner in lease negotiations, withDarren Ross and Dave Watson of Grubb & Ellis representingWEG.

|

Duluth is located in the massive Northeast Atlanta industrialsubmarket, which totals more than 141 million sf of inventory inmore than 1,800 buildings. Vacancy in the submarket is 10.2%through the third quarter, slightly higher than the 9% areawideaverage, according to Cushman & Wakefield.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.