(Atlanta, GA – Nov. 14, 2012) Duke Realty Corp. (Duke Realty) announced today that it has closed a 58,080-square-foot lease with ADT Security Services at Camp Creek Business Center, a 17-building business park located in East Point Ga., in the Atlanta Airport submarket. ADT, a leading provider of electronic security and monitoring systems, will take occupancy of the 212,940-square-foot, Class-A warehouse/distribution building at 4800 North Commerce Drive in first- quarter 2013.
Wes Hardy, Vice President of Leasing for Duke Realty, represented the landlord, and CBRE Associate Broker Bret White represented ADT Security Services.
ADT’s decision to occupy space at Camp Creek Business Center follows the company’s announcement in October that it had completed its spin-off from Tyco International to launch an independent public company. As an independent company, ADT plans to pursue growth through an expanded portfolio of offerings.
“We’re pleased to provide ADT flexible, Class-A space to accommodate the company’s ongoing business growth,” said Chris Brown, Senior Vice President, Georgia Operations in Duke Realty’s Atlanta office. “Attracting another quality tenant such as ADT further validates Camp Creek Business Center as a corporate distribution and office environment and brings 4800 North Commerce Drive building to 100 percent occupancy.”
ADT’s space will include 6,700 square feet of office space as well as 51,380 square feet of warehouse and distribution space, where the company will install material handling systems for parts used in its security products.
Located three miles west of Hartsfield-Jackson International Airport and providing direct access to I-85, Camp Creek Business Center features 17 buildings totaling 2.8 million square feet. The 454-acre site can accommodate an additional 2.6 million square feet of development, including build-to-suit facilities of up to 1.5 million square feet.
About ADT Corp.
ADT Corporation (NYSE: ADT) is a leading provider of electronic security, interactive home and business automation and monitoring services for residences and small businesses in the United States and Canada. ADT’s broad and pioneering set of products and services, including ADT Pulse interactive home and business solutions, and home health services, meet a range of customer needs for today’s active and increasingly mobile lifestyles. Headquartered in Boca Raton, Fla., ADT helps provide peace of mind to more than six million customers, and it employs approximately 16,000 people at 200 locations. More information is available at www.adt.com.
About Duke Realty
Duke Realty owns and operates approximately 142 million rentable square feet of industrial and office assets, including medical office, in 18 major U.S. cities. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty is available at www.dukerealty.com.