Smart Home Equipment Maker Buys Henry County Warehouse
Feit Electric purchased Declaration Logistics Center, a freshly constructed 269K SF warehouse at 255 Declaration Drive in McDonough. Crow Holdings developed and sold the warehouse for a little more than $19M, said J.R. Wright, the co-founder of the local brokerage firm Strategic Real Estate Partners.
Feit selected Declaration given its proximity to the Georgia port and Metro Atlanta, Lee & Associates stated in a press release. Henry County is 220 miles north of Savannah and 32 miles south of Downtown Atlanta.
Feit makes products such as smart bulbs and fixtures, according to its website. The company is adding a 12K SF office and showroom to the facility as well, which will be fully operational as of June 1.