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ATLANTA-After scouring the metro area for a year, checking out occupied buildings, shell structures and vacant land, locally based Williams Printing Co. has contracted with Duke Realty Corp. for a $7 million, high-tech, build-to-suit facility at Duke’s 15-year-old, 850,000-sf, 450-acre Camp Creek Business Center. Williams, an RR Donnelley Co. subsidiary, will lease the building for 10 years at an aggregate rent of $5 million when the structure is completed in June 2005. Camp Creek Business Center is 98% leased with an asking average rent range of $5 to $12 per sf. Duke Realty’s Atlanta construction group began grading the site this week.

For Williams, relocating to Camp Creek gives it direct access to major highways and allows the company to grow the business further in larger quarters, says Williams president John Pope.

Williams’ decision to hunt for new quarters comes at a time when the Georgia Department of Transportation is preparing to condemn and demolish the 40-year-old, 100,000-sf Avon Building, which the printing firm occupies in Midtown, area brokers tell GlobeSt.com. For Duke, the arrival of Williams means the business center may be on its way to starting a new development phase. The campus is “capable of accommodating more than five million sf of mixed-use development and is surrounded by a growing number of highly desirable amenities,” says Robert Fessler, executive vice president of Duke Realty’s Atlanta region.

Duke Realty purchased Camp Creek Business Center four years ago when it was a 250,000-sf property. The park took a quantum leap in size last summer when Duke built and leased 600,000 sf of distribution space to Clorox Co.

Tom Moran of RR Donnelley’s corporate real estate division and Jay Young of Hailey Realty negotiated for Williams. Bruce Logue represented Duke.

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