ATLANTA-In a difficult industrial leasing period, the local office of Lincoln Property Co. has signed two tenants for a total 212,164 sf at separate metro area properties. The estimated aggregate value of the transactions is $4 million, area brokers familiar with the two submarkets tell

Residential Construction Specialists is taking 160,440 sf at 6280 Best Friend Road in Gwinnett County for an estimated five years at an estimated aggregate rent of $3 million. Locally based Chik-fil-A has leased 51,724 sf for five years at Airport West Distribution Center at South Fulton Parkway and Buffington Road. Lincoln owns and manages both properties.

Lincoln began developing the 74%-leased Airport West Distribution Center in fall 2001 as part of the firm’s joint venture with New York-based American International Group Inc. Among the park’s tenants are Bank of America, PSI, a division of PitneyBowes,Penske Logistics and Pilot Air Freight.

“At Airport West, we’ve had a great deal of leasing success, despite a tough market,” says Julian Brown, a Lincoln senior vice president. “The South Fulton Parkway has attracted corporate America because of its excellent access to the Interstates and Hartsfield-Jackson International Airport.”

Brown and Denton Shamburger negotiated for Lincoln in both transactions. JB Bader of Bader & Associates represented RCS. The Chik-fil-A transaction was direct.

RCS relocated from the Peachtree industrial area and will use the Best Friend Road property to distribute its specialty home appliance products. Chik-fil-A previously had some temporary warehouse/distribution space at Airport West.

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