October 30, 2018
Ackerman & Co. Completes 60,000 SF Lease with ABT Power Management at Stone Mountain Industrial Park
Greensboro, N.C., battery systems provider to open distribution center
at 1607 Mountain Industrial Blvd.
ATLANTA, OCTOBER 30, 2018 – Ackerman & Co. has signed a 60,000-square-foot lease with ABT Power Management Inc. at its Stone Mountain Industrial Park in metro Atlanta’s Tucker/Stone Mountain submarket.
The Greensboro, N.C.-based company – which provides battery and energy systems for forklift fleets, mission-critical facilities and telecommunications applications – will establish a distribution center in the warehouse facility at 1607 Mountain Industrial Boulevard, located northeast of downtown Atlanta. It is ABT’s second distribution facility in metro Atlanta.
The long-term lease took effect October 1. Ackerman & Co. industrial brokers Brett Buckner, Jimmy Stevens and Major Martin represented Ackerman in the lease. Robert Aaron of NAI Brannen Goddard represented the tenant.
Ackerman & Co. has recently closed three leases totaling 274,800 at the park, bringing total occupancy to 91 percent, up from 84 percent at the time of acquisition.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 37 million square feet of office, medical, industrial, retail and mixed-use space, has 8 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com
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