ATR NEWS....
THE
MILLER RICHMOND COMPANY NEGOTIATES 34,162 SQUARE FOOT RENEWAL
FOR CDE SERVICES
February 28, 2003
Marietta,
Georgia (February 28, 2003) - The Miller Richmond Company,
a leading commercial real estate brokerage firm is pleased
to have negotiated a 34,162 lease renewal for CDE Services
at 1200 Williams Drive, Marietta, Georgia. CDE Services will
continue to use this facility for corporate headquarters, light
manufacturing and equipment warehousing.
According
to Bogue Miller of The Miller Richmond Company, "after detailed
analysis of the company's operations as well as current real
estate market trends, we decided that it made more sense for
CDE to stay in its current location at a reduced rental rate
than incur the expense and manpower of a relocation."
David
Rubenstein of The Miller Richmond Company added "given the
landlord's aggressive economics as well as a variety of options
for expansion within the project, we felt 1200 Williams Drive
offered CDE the critical flexibility it needed for the future
growth of the company. Like so many savvy tenants currently
evaluating their space needs, CDE has clearly benefited from
today's soft market conditions."
CDE
Services (www.cdeinc.com)
is a full-service depot for the support of electronic transaction
processing equipment. Since 1991, CDE has specialized in
equipment remanufacturing and repair, inventory/logistics
management, sales of refurbished equipment and custom manufacturing
of equipment. CDE employs over 80 people in its Marietta
facility and also maintains international facilities in China
and India.
The
Miller Richmond Company (www.millerrichmond.com)
is an eighteen-year-old commercial real estate brokerage
firm, based in Atlanta, GA. The firm specializes exclusively
in tenant representation and is a member of The Alliance
of Tenant Representatives (ATR). The firm's two principals
include Bogue Miller and David Rubenstein.
|