This is WEL's first and largest distribution center in the Southeast. The other seven locations under their operation total 325,000 sf and span throughout PA, NJ, NY, IL, FL and WI.
The seven-year lease at Building C in the McDonough Exchange has an estimated aggregate rent of $1.46 million. The average asking rent range at the property is $3.25 to $3.75 per sf, triple net. The site is off Interstate 75 in fast-developing Henry County, just south of Downtown Atlanta. The property was built in the early 1990s for NEC Corp. USA.
CBRE's Kramer tells GlobeSt.com the challenge was "finding an appropriately sized building in WEL's area of interest, as well as a facility that was well enough insulated to allow economical cooling of the space for the perishable goods" handled by WEL. "Extra land to park trucks was also a major consideration" in the space search," Kramer says.
WEL president Bruce Tielens, who operates the 28-year-old multi-service transportation and warehousing company with Randy Tielens, says the firm has been trying to break into the Atlanta and Southeast market for years.
The drawback was finding "a space that fit our expansion strategy and that would accommodate both refrigerated and dry freight, because we often ship perishable goods," says Bruce Tielens. The company's fleet comprises 225 trucks.
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