ATR NEWS....
FOR IMMEDIATE RELEASE
November 2008
THE MILLER RICHMOND COMPANY REPRESENTS
FABRIC.COM IN OVER 50,000 SQUARE FOOT RENEWAL/EXPANSION
Atlanta (November 7, 2008) – The
Miller Richmond Company is pleased to announce that it has
represented Fabric.com in the renewal and expansion of its Marietta,
Georgia facility.
Fabric.com, a leading online fabric store that offers custom
measured and cut fabrics, as well as
patterns, sewing tools and accessories, is expanding to 51,708
square feet at 2151 Northwest
Parkway in Northwest Business Center.
David Rubenstein, Principal of The Miller
Richmond Company, handled lease negotiations for
Fabric.com. According to Mr. Rubenstein, “Fabric.com’s
business has been growing steadily
over the past several years with the help of a very loyal customer
base. The company is now at a
point where it needs to double the size of its facility to
better service growing demand. At a time
when so many companies in town are contracting or closing facilities,
it is exciting to work with a
client that is in an expansion mode.”
Stephen Friedman, President and CEO of
Fabric.com added that “while
we evaluated a number of
relocation options in the area, from both a functional and
economic standpoint, it made most
sense for Fabric.com to renew and expand at Northwest Business
Center. Not only was The
Miller Richmond Company able to negotiate very attractive
lease terms, we were able to craft a
lease that will provide us the flexibility to properly expand
our facilities as the business continues
to grow in the future.” The building’s
landlord, Cobalt Industrial REIT II, was represented by Mark
Sheffield of NAI
Brannen Goddard.
About The Miller Richmond Company
The Miller Richmond Company (www.millerrichmond.com) is a twenty-four
year-old commercial
real estate brokerage firm based in Atlanta, GA. The firm specializes
exclusively in tenant
representation for office, industrial and healthcare real estate
transactions. The firm is a
member of The Alliance of Tenant Representatives, a national
real estate brokerage network of
tenant representative specialists.
For more information, contact:
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