SMUCKER SIGNS 557,000-SQUARE-FOOT LEASE IN ATLANTA WAREHOUSE
ATLANTA — J.M. Smucker Co., a food marketer and manufacturer based in Orrville, Ohio, has signed a lease with DCT Industrial Trust to fully occupy the company’s 557,000-square-foot Southcreek IV bulk industrial manufacturing building. The warehouse, located in Atlanta’s airport submarket, is part of the 1.8 million-square-foot Southcreek Commerce Center. The center’s location provides access to major highways and Hartsfield-Jackson Atlanta International Airport. With the Smucker transaction and DCT’s recent lease of 200,000 square feet to Toledo, Ohio-based Owens Corning Insulating Systems, the Southeast Commerce Center is now 100-percent occupied.
In prepared comments, Todd Carter, vice president and regional director of leasing for DCT, said the Smucker lease further validates the property “as a strategic distribution center.” The warehouse will serve as the point place for Smucker’s Southeast operations. The company’s next closest manufacturing warehouse is located in Memphis, Tenn.
Lynn Reich of Colliers International’s Rosemont, Ill., office and Mike Spears and Sean Boswell of the firm’s Atlanta office represented Smucker in the transaction. Atlanta-based NAI Brannen Goddard’s Brad Pope and Mike Chambers represented the owner. DCT Industrial currently owns and manages 7.3 million square feet