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stream realty matt dileo russell dye nicolai schwarzkopf industrial rents leases dra advisors chep 5886 fulton industrial maxwell chase technologies renewal
Finally, industrial tenants are making  longer commitments (settling down with the right building is actually a good thing). That's according to Stream Realty's Matt Dileo (center, with Russell Dye  and  Nicolai Schwarzkopf), who is seeing tenants at its portfolio of properties in Atlanta now looking to  secure space for up to 10 years, instead of three- to five-year deals. And this helps landlords, given that rents—while still market rate—have ?more bumps? during the life of a 10-year lease. After grabbing the leasing and management of the  1M SF DRA Advisors portfolio  here, Matt says his team has secured some 400k SF in deals, including a 265k SF lease  with Chep at 5886 Fulton Industrial and a 50k SF renewal  with Maxwell Chase Technologies.
stream realty dan buyers mcwhirter simon arpiarian solvay pharmaceutical 793 sawyer road marietta wellstar hq
Speaking of Stream, the firm partnered with Brookwood Investment Group to sell the former Solvay Pharmaceutical  facility at 793 Sawyer Rd in Marietta to WellStar Health System, which will use the 112k SF office  building as its new HQ. Price was undisclosed. Stream?s  Simon Arpiarian  and McWhirter Realty Partners' Dan Buyers brokered the transaction.