IDI Secures 502,854 SF Lease in Tradeport East Building A for 100 Percent Occupancy

Tenant Pacific Global Logistics, Inc. Grows Southeast Presence

ATLANTA, November 25, 2013 – IDI, a leading full-service industrial real estate company, announced today that Pacific Global Logistics, Inc. (PACTRA) signed a 502,854-square-foot lease at Tradeport East Building A in Midway, Ga. near Savannah. PACTRA is a third-party logistics company for Hankook Tire America Corporation, a subsidiary of Hankook Tire Co., Ltd., the seventh largest tire manufacturer in the world.

The PACTRA lease brings the LEED Silver Building A to 100 percent leased. The company plans to use the space for administrative work and the storage and distribution of tires and related products. Other tenants in the Tradeport East Business Park include Target (1.5M SF), Tire Rack (250,000 SF) and Firth Rixon (200,000 SF). With the park conveniently located near the Port of Savannah, it is in an ideal location for tenants looking to serve Southeastern customers.

“As with all IDI tenants, we strive to provide them with value and convenience, and Tradeport East Business Park provides the caliber of building, size and location needed to do this,” said Lisa Ward, vice president of leasing at IDI. “This Class-A business park, which is also designated as an Opportunity Zone by the Georgia Department of Community Affairs, is a tremendous benefit to companies in addition to the outstanding access to the Port of Savannah and population base in the southeastern United States.”

Bryan Sohn of Atlanta Realty Advisors represented PACTRA in the deal. Cliff Dales, Colliers, and Lisa Ward, IDI, represented IDI in the deal.

About IDI
With nearly 7 million square feet currently under development, IDI is one of the largest privately-held real estate companies in North America focused exclusively on industrial property. The company, headquartered in Atlanta, Georgia, provides development, investments, property management and leasing services to corporations, property owners, investors, financial institutions and real estate service providers. IDI has ownership or interests in 45 million square feet of investment grade assets, with $2 billion in company-owned and joint venture assets.

Since the company’s founding in 1989, IDI has built a reputation for delivering superior quality properties and service. To date, IDI has developed and acquired 170 million square feet of industrial space and completed more than 700 industrial facilities in the U.S., Canada and Mexico. The company’s joint-venture investment portfolio, focused on building long-term value, holds more than 17 million square feet of assets and manages a portfolio of 70 million square feet.

Presseanfragen

Nordamerika
Reed Barrickman
+1.404.479.1626
reed.barrickman@idigazeley.com

Europa
Ged Brumby
Smithfield Consultants
+44 (0)20 7903 0674
gbrumby@smithfieldgroup.com

Rob Yates
Smithfield Consultants
+44 (0)20 7903 0625
ryates@smithfieldgroup.com