New facility needed for growth and consolidation

Success Story by Jim Bob Taylor for Miller Zell
Client
  • Miller Zell
Space
  • 311,000 sq. ft.
Industry
  • Industrial
Locations
  • Atlanta
Services Provided
  • Transaction Management
Cresa Team
  • Jim Bob Taylor

Client Objectives

Cresa was tasked with subleasing 300,000 SF in numerous buildings and locate a new facility in close proximity to their location. The image of the new facility was critical in the decision-making process. It was imperative that Miller Zell retain their current workforce and hire talent in a hot labor market. Details of the project included:

  • Subleasing 3 locations
  • Locate 300,000 to 350,000 SF in the Fulton Industrial Area
  • Headquarter corporate image required
  • 400 parking spaces
  • Expansion land for growth

Results

After engaging Cresa and considering several options, Miller Zell purchased a 311,000 SF facility previously owned by McMaster-Carr located within a few miles of their existing facilities. The well maintained building housed 40,000 SF of Class A office space.  Miller Zell realized a total cost savings of $4.55 Million.
6100 Fulton Industrial Building Photo
Miller Zell

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