Lee & Associates – Atlanta Arranges Industrial Lease Totaling 262,530 Square Feet in Douglas County – I-20 West Submarket

Lee & Associates’ Atlanta office is pleased to announce the closing of a 262,530 square foot industrial lease at Factory Shoals Distribution Center II – Lithia Springs, GA. Lee & Associates’ Billy Snowden, SIOR, Rick Tumlin, CCIM, SIOR, and Mike Sutter, SIOR represented the tenant, Comptree Inc., in the leasing of 965 Douglas Hill Road, a newly delivered, modern distribution facility in the I-20 West submarket. Denton Shamburger and Turner Fortin represented the landlord, a joint venture between Lincoln Property Company and a private real estate fund advised by Crow Holdings Capital. This is the second Atlanta facility for the California-based Comptree, which imports a variety of home furnishing products sold online. “As one of the first post-Covid-19 leases to close, it illustrates that space users in the online retail sector continue to anticipate demand increases. This facility, along with the neighboring 200,000 SF facility, will serve as the main distribution points for the southeast region,” says Billy Snowden.

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