X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-Reynolds & Reynolds, a Dayton, OH-based manufacturer of software for the automotive industry, leases 30,300 sf in the four-story, 92,400-sf Gwinnett Building in Koger Center in Duluth, GA. It was built in 1990 and is owned by Boca Raton, FL-based Koger Equity.

The lease is for seven years. The rental rate was not disclosed, but brokers familiar with the property estimate it at about $20 per sf, comparable to rates in the area. A Koger representative tells GlobeSt.com the occupancy rate is “unavailable.”

The tenant is scheduled to move in August, vacating 55,000 sf in a single-story office at Breckinridge Center in Gwinnett County, which was recently completed by locally based-Oakmont Industrial Group.

Victor Hughes and Lee Nelson of Koger brokered the building. Stuart Alston, Bradley Fulkerson and John Flack of the Atlanta office of Carter & Associates, represented Reynolds & Reynolds.

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

Once you are an ALM digital member, you’ll receive:

  • 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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.