NAI Brannen Goddard Leases 292,000 Square Feet in Adairsville, GA
NAI Brannen Goddard's Mark Sheffield represented CommonWealth REIT in a 292,000 SF transaction in Adairsville, Georgia.
- Atlanta, GA (1888PressRelease) January 09, 2014 - NAI Brannen Goddard, LLC today announced that it has leased 292,000 square feet to The Dixie Group at 400 Princeton Boulevard, Adairsville, GA for a lease term of ten (10) years. Mark Sheffield, of NAI Brannen Goddard, represented the Landlord, CommonWealth REIT, in this transaction with no broker representing the tenant. The property is managed by Reit Management & Research, LLC, Real Estate Services.
The subject property is a high-bay, 292,000-square foot, free standing warehouse/distribution facility on 17.80 acres, located approximately ¼ mile from I-75 in Bartow County, GA.
CommonWealth REIT is a real estate investment trust, or REIT, which primarily owns office buildings located throughout the United States. The majority of our portfolio consists of office buildings located in central business districts, or CBDs, of major metropolitan markets. As of September 30, 2013, CWH owned $6.8 billion of office and industrial properties with approximately 52 million square feet located in 31 states, Washington, D.C. and Australia.
CWH is headquartered in Newton, Massachusetts. Reit Management & Research LLC, Real Estate Services, also headquartered in Newton, Massachusetts, manages more than 96 million square feet of property, consisting of commercial office, industrial and medical office buildings across the country.
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