CMD Closes 27,853 SF in New Leases

ATLANTA-CMD Realty Investors of Chicago is slowly improving its local office asset portfolio with the signing of four leases totaling 27,853 sf at two properties.

At the 19-year-old, 233,323-sf RiverEdge Place at 2000 RiverEdge Parkway, CMD signed a total 23,331 sf in new contracts. Taking the space are Lynx Chemical Group, 4,179 sf for 69 months at an aggregate rent value of $432,767; Amedisys Georgia LLC, 9,458 sf for five years at $346,943; and Lowe Engineers LLC, 9,694 sf for six years at $694,478.

At the eight-building, 18-year-old, 282,702-sf DeKalb Technology Center, Cardinal Health renewed its 4,522-sf lease for five years at an aggregate rent value of $181,017. The new leases bring RiverEdge Plaza to 50% occupancy with 23 tenants and the DeKalb County property to 88% occupancy with 30 tenants.