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ATLANTA-CMD Realty Investors of Chicago has brought its 85,152-sf building in NorthChase Office Park to 93% occupancy after signing a three-year, 26,104-sf renewal lease with Power Industry Consultants Inc. of suburban Marietta, GA. The lease is valued at over $1 million, CMD representatives tell GlobeSt.com.

The 15-year-old property at 1165 NorthChase houses nine tenants. The average asking rent range is $17.50 gross per sf. Power Industry Consultants had been on a five-year lease.

Tom Pugh of Ackerman & Co. negotiated for the tenant. Steven Katz and Gwen Wegman of Ackerman represented CMD, working with Allen Aldridge, CMD’s vice president and Southeast regional manager.

Aldridge says the property’s location sells itself. NorthChase Office Park is two miles north of the Interstate 75 and Interstate 285 interchange. The building offers on-site conference facilities; a parking ratio of 4.6 spaces per 1,000 sf leased; landscaped grounds with picnic areas; a pond and walking trails.

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