IDI Services Group Secures 2,152,592 Square Feet Under Contracts
Atlanta (May 5, 2005) -- IDI Services Group, the property management subsidiary of national real estate developer IDI, has been awarded three new property management assignments.
IDI Services Group (IDISG) will manage a 1,452,500-square-foot portfolio, consisting of six buildings located in Suwannee, Ga., for the Estate of James Campbell. Verra Coppedge, senior real estate manager in the Atlanta regional office of IDISG, played a key role in obtaining the assignment.
For property in Salt Lake City, Utah, IDISG Senior Real Estate Manager Margaret Hagan in IDI’s Chicago office retained a 177,592-square-foot contract with EJM Development, the new owner of the property.
And in Cincinnati, Carla Crabtree, IDISG senior real estate manager, secured a contract with UPS Supply Chain Solutions to manage 522,500 square feet in Building K at Park West International.
With now more than 43 million square feet of property under management, IDI Services Group specializes in industrial real estate management and leasing. The company, a subsidiary of IDI, is ranked as one of the largest industrial real estate managers in the country still small enough to provide personal client service, local market knowledge and extreme attention to detail.
IDI (www.idi.com) is a national, full-service industrial real estate developer based in Atlanta, providing strategically located properties throughout the U.S. to best meet tenants' distribution, warehouse and light-manufacturing needs. Since the company was founded in 1989, IDI has grown from assets of $89 million to more than $498 million in wholly owned assets and another $846 million in joint venture assets. Company gross revenues have grown from $3.2 million in 1989 to more than $187 million as of 2004, year-end. IDI has developed close to 99 million square feet of industrial space worth over $3.2 billion.