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COLUMN: German Hardware Maker Leases 126,256 SF at Hamilton Mill Business Center
A central Atlanta location, convenience to shopping and entertainment for its employees, and a Class A environment --- that is what Hettich America was looking for to consolidate its Georgia headquarters building and a separate manufacturing facility in Baldwin, GA.
The company found those attributes at IDI's Hamilton Mill Business Center in northeast Atlanta. Hettich America signed a lease for 126,256 square feet. The length and value of the lease was not disclosed.
Hettich America will occupy Building A at 4925 Hamilton Mill Road in Buford, Ga. beginning in June.
Hettich, one of the leading global manufacturers of hardware for kitchen cabinets, residential furniture and appliances, will use the Gwinnett County location for storage, manufacturing and distribution of their products and also to house the company's North American headquarters.
The move represents a consolidation of the company's existing headquarters in Alpharetta, GA and a separate manufacturing location in Baldwin, GA.
Hettich America operates as a subsidiary of the Hettich Group, a Germany-based company with annual sales of more than $700 million Euros.
IDI worked in partnership with the Gwinnett Chamber to bring Hettich to the county.
According to Gwinnett County Commission Chairman Charles Bannister, "Hettich brings the type of quality jobs and infrastructure to Gwinnett County that its leaders, Partnership Gwinnett and the Chamber work hard to attract.
"Companies like this help expand our global business reach, strengthen the County's commercial tax base, and provide good jobs for our residents. I am proud to welcome Hettich to our community."
Nathan Anderson of NAI Brannen/Goddard represented Hettich in the lease deal. Lisa Ward, vice president of leasing in IDI's Atlanta market office, represented IDI.
"Hettich chose the space at Hamilton Mill Business Center because of the Class A environment of the business park, its central location and convenience for their current employees," said Ward in a prepared statement.
"With superior access to I-85 and I-985, we are confident they will be pleased with their choice."
IDI-owned Hamilton Mill Business Center consists of seven buildings totaling 2.7 million square feet.
Other notable tenants of the business park, which sits on 238 acres of land, include National Specialty Alloys (36,671 SF) and Ballistic Studios (20,893 SF). 25,314 square feet remains available for lease in Building A.
Under the Hettich trademark, The Hettich Group has evolved into a widely diversified industrial enterprise specializing in the manufacture of plastic and metal components.
The Hettich program spans a wide range of hinges, drawer runners and drawer systems, folding and sliding door mechanisms and connecting fittings.
Hettich employs around 5500 people worldwide and generates annual revenue of over 700 million Euros.
With production facilities located in North and South America, Europe and Asia, and 36 subsidiaries and partner agencies, Hettich products can be sourced in over 100 countries worldwide.
IDI is a leading, full-service real estate property company with a singular focus on industrial real estate. The company provides development, investment, property management and leasing services supported by eight market-focused offices.
To date, IDI has delivered 63 world-class business parks, and developed and acquired 134 million square feet of space in the U.S., Canada and Mexico for a growing roster of national and international clients.
IDI also manages a portfolio of just over 56 million square feet. IDI's investment portfolio, backed by domestic and international investors in the public and private sector, has total assets in excess of 25 million square feet.
Assets are owned through a combination of development partnerships, long-term hold joint ventures and investment funds.
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