Press Releases

Transwestern Arranges 7-Year Lease at Class A Industrial Building

May 16, 2024


ATLANTA – Transwestern Real Estate Services (TRS) announces EAE USA has signed a seven-year, 195,022-square-foot lease at 41 Logistics Center, a 390,498-square-foot industrial building at 3569 Highway 41 in Adairsville, Georgia. Transwestern’s Transaction Sciences Group, led by Executive Managing Director Clark Dean and Managing Directors Thomas Savage and Cody Lolakis, provided consulting, brokerage, and incentives negotiation services to EAE USA in the transaction.

“Opening a second distribution center in the region in less than a year is a testament to EAE’s commitment to expanding its reach to deliver products more efficiently to its rapidly growing U.S. customer base,” said Dean. “Out of a dozen potential properties our team analyzed, 41 Logistics Center emerged as the optimal solution for positioning EAE for strategic growth by optimizing real estate, transportation and labor costs.”

Built in 2023 and zoned for heavy industrial use, the Class A distribution facility is in the Georgia Northwest industrial submarket. Just 3.2 miles from Interstate 75, the property offers direct access to Atlanta, Chattanooga and the Port of Savannah through the nearby Appalachian Regional Port.

“This second distribution center will allow us to further support our customer’s project delivery needs and continue building on EAE’s success by expanding our U.S. footprint,” said Oya Buyan, General Manager of EAE USA. “I’m grateful for the Transwestern Transaction Sciences team’s partnership in helping us meet our growth objectives.”

Last year, Transwestern’s Transaction Sciences Group arranged for EAE USA to open its first U.S. distribution center and relocate its North American headquarters with a seven-year, 101,767-square-foot lease at 2000 Mountain Industrial Blvd. in Tucker, Georgia.

JLL represented the property owner, McCraney Property Company, in the transaction.

Transaction Sciences Group
The Transaction Sciences Group is a multidisciplinary consulting and brokerage team at Transwestern. This group works nationally, helping organizations thrive by structuring better real estate solutions. It wraps real estate, finance, and consulting in science to spark innovation and help leaders solve complex problems at the intersection of culture, function, and economics. Completing hundreds of transactions over the past decade, the team is known for helping build businesses, grow non-profits, and enrich communities across the country. 

About EAE Electric Inc.
Established in 1973, EAE Electric Inc. is a global engineering company that is the leader in electrical busway systems, cable trays, and fit-out solutions, with offices in Europe, Asia, Africa, Australia, and the Middle East. EAE Electric is a company founded on strong engineering principles, always striving to create the best products and solutions for its customers. EAE Electric’s solutions have been used in more than 30,000 projects worldwide including numerous data centers, hospitals, high-rise buildings, oil & gas facilities, and manufacturing facilities including automotive, textile, and food industries. EAE USA is EAE Electric’s first entrance into the United States and was established to bring EAE Electric’s solutions to customers in the United States and to drive new partnerships with global companies. For more information, visit www.eaeusa.us. 

About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.

Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.

Media Contact:
Jaime Luckey
678.521.3474
jaime@luckeycomms.com
twmediarelations@transwestern.com

Clark Dean

Executive Managing Director

Atlanta, Georgia

(404) 842-6568

Thomas Savage

Managing Director

Atlanta, Georgia

(404) 842-6594

Cody Lolakis

Managing Director

Atlanta, Georgia

(404) 842-6640