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SUWANEE, GA-Atlanta-based Seefried Industrial Properties Inc. and AMB Property Group of San Francisco continue the fast-tract construction and leasing performance at their 60-acre Horizon Creek Distribution Center by ringing up their second 100%-leased building.

The joint venture has signed the US headquarters company of Tochigi, Japan-based Mycoal Products Corp. to a 10-year, $5-million office-manufacturing-distribution center lease that will fill up the under-construction 88,426-sf building at Horizon Drive and Old Peachtree Road, about 39 miles northeast of Downtown Atlanta.

The partners' first 200,000-sf building, completed in December 2005, is 100% leased to Atlanta-based Elkins Wire & Cable Co. and Atlanta Cable Sales, as GlobeSt.com reported Feb. 7. The second 190,000-sf building should be ready for occupancy by June. The three buildings were developed for $21 million or about $45 per sf. The 17-year-old Horizon Creek Business Park itself is about 90% leased.