February 26, 2016
Petco Leases 192,461 Square Feet at Braselton 85 Distribution Center
Atlanta, February 26, 2016 – California-based Petco has signed a 192,461-square-foot, five-year lease at Ackerman’s Braselton 85 Distribution Center in Braselton, Ga. This lease brings the center to 100-percent occupancy.
The 440,165-square-foot, Class “A” bulk distribution center is located less than two miles from I-85 and the Georgia Highway 211 interchange. Approximately 50 miles northeast of Atlanta, Braselton has become a major logistics center, attracting several tenants to the area including Mizuno, Hitachi, Havertys and Kichler Lighting.
“Being able to find nearly 200,000 square feet of contiguous space was an incredible opportunity in such a tight market,” said Kris Miller, President of Ackerman & Co. “Braselton 85 Distribution Center was the best option for Petco.”
The national pet retail store will use this space as an additional Southeast distribution center, increasing its footprint in the market to nearly 700,000 square feet.
Trey Barry and Mark Hawks of CBRE represented Ackerman & Co. in this transaction.
– 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 nearly 35 million square feet of office, medical, industrial, retail and mixed-use space, has more than 7 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information on Ackerman & Co., visit www.ackermanco.com