ATLANTA—Built-to-suit. I'm seeing a lot more of it in the early months of 2014 than I did a year ago. The latest example is Duke Realty, which signed a 256,600-square-foot build-to-suit lease and a 657,200-square-foot lease extension with Dick's Sporting Goods for its distribution center at Camp Creek Business Center in East Point, GA.

Dick's, the largest sporting goods retailer in the US, already occupies the entire distribution building at 3909 North Commerce Drive at Camp Creek. The current facility is in a 2.6-million-square-foot business park three miles from Hartsfield-Jackson International Airport.

"Dick's Sporting Goods' election to expand its regional distribution center at Camp Creek Business Center is exceptional news for Duke Realty and the City of East Point," says Chris Brown, senior vice president of Duke's Southeast Region. He notes the move will "accommodate their ongoing growth and supply chain optimization."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.