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KBS Non-traded REIT Signs Agreement with Graphic Dimensions

Wednesday, June 20, 2012

Press release from the issuing company

KBS Real Estate Investment Trust (KBS REIT I) of Newport Beach, Calif., has signed a new, 65,259-square-foot lease with Graphic Dimensions at its Hartman Business Center One  in Austell, Ga., 20 minutes west of downtown Atlanta. The commitment brings the 353,983-square-foot warehouse/distribution complex to 100-percent occupancy.

Graphic Dimensions, a full-service business documents and printing manufacturer, is relocating its printing and design facility from 7775 The Bluffs in Austell, to Suite 300 at Hartman Business Center One.

Brad Pope with Hailey Realty Company in Atlanta negotiated the lease on behalf of Graphic Dimensions, while Steve Grable and Chris Tomasulo with Jones Lang LaSalle in Atlanta represented KBS.

Located off I-20 in Cobb County, west of the Chattahoochee River, Hartman Business Center offers easy access to Hartsfield International Airport, as well as I-285, I-75 and I-85. The property was constructed in 2003 and acquired by KBS in 2007.  It is part of a 10-building national industrial portfolio that spans more than 2.2 million square feet across Texas, Georgia, Michigan, Indiana and Ohio.

KBS and affiliated companies own six other properties in Georgia totaling more than 1.8 million square feet, including Piedmont Center 5-8 in Atlanta and Royal Ridge in Alpharetta.


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