
IDI Leases 171,779 SF to Sensormatic Electronics Corp.
Atlanta, July 9, 2009 – IDI, a full-service industrial real estate company, has executed a 171,779-square-foot lease in Lithia Springs, Ga., with Sensormatic Electronics Corp., a division of Tyco International (NYSE: TYC) and leading provider of security and fire safety products and services for the commercial and residential sectors.
The Boca Raton, Fla.-based company will relocate office, warehouse and distribution functions from a nearby facility to WestPoint at Riverside, Building B at 2600 West Point Drive in October 2009. Building B is within the 150-acre, 1.25 million-square-foot WestPoint at Riverside Business Park which consists of five buildings. WestPoint at Riverside offers convenient access to Interstate-20, Interstate-285 and Hartsfield Jackson Atlanta International Airport. Sensormatic joins Alston & Bird, LLC in Building B, leaving 34,425 square feet available for lease.
Sensormatic and Tyco are innovators and industry leaders, and we are pleased to work with them as they continue to serve the Southeast from this new facility in metro Atlanta, said Lisa Ward, CCIM, vice president of leasing for IDI.
Henry Johnson of CB Richard Ellis, El Segundo, Calif., and Tony Kepano and Peter Stewart of CB Richard Ellis, Atlanta, represented Sensormatic in the lease negotiations.
About IDI
Atlanta-based IDI (www.idi.com) is a full-service industrial real estate company with eight development and property management offices. With a single focus on industrial real estate, IDI provides unmatched development, investment, property management and leasing services. IDI’s state-of-the-art warehouse, distribution and light-manufacturing facilities enable clients to improve employee productivity, reduce operational costs and achieve global supply-chain efficiencies. To date, IDI has developed 120 million square feet of space across North America for a growing roster of international clients.




