Midwestern Food Dist. Enters Southeast Market

ATLANTA-It took three months, but brokers Nelson J. Kramer and Bruce Lanehart of CB Richard Ellis Inc.’s Atlanta office found 64,400 sf of customized industrial space for the WEL Cos. Located in McDonough, Ga, this will be the eight and largest national terminal for the DePere, WI-based family-owned and operated food distributor.

This is WEL’s first and largest distribution center in the Southeast. The other seven locations under their operation total 325,000 sf and span throughout PA, NJ, NY, IL, FL and WI.

The seven-year lease at Building C in the McDonough Exchange has an estimated aggregate rent of $1.46 million. The average asking rent range at the property is $3.25 to $3.75 per sf, triple net. The site is off Interstate 75 in fast-developing Henry County, just south of Downtown Atlanta. The property was built in the early 1990s for NEC Corp. USA.