Bürkert Fluid Control Systems
120,000 sq. ft.
Valmet is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp, paper, and energy industries.
Valmet had recently acquired an Atlanta-based company being forced to relocate their plant within the Atlanta Region. Simultaneously, Valmet was considering a real estate consolidation strategy across their existing portfolio to drive efficiency for manufacturing and distribution functions across North America.
The objective was to identify a suitable relocation option for the recently acquired Atlanta plant while also evaluating opportunities that could accommodate both the Atlanta relocation and consolidation from other markets.
In a challenging industrial submarket for tenants with only 2% vacancy, Cresa assisted Valmet to pursue and execute on the larger building/consolidation strategy which included: