Lincoln Property Company (Lincoln) has brokered a five-year, 17,272-square-foot lease renewal for Baumueller-Nuermont Corp. at 1555 Oakbrook Place, a flex warehouse property located in Norcross, Georgia. George Gwaltney and Denton Shamburger of Lincoln represented the landlord, Blackstone, in the transaction and Eric Vayle of JLL represented the tenant.

“The industrial market has shown strong signs of recovery and is expected to continue to show marked improvement through the remainder of the year,” Shamburger said. “Norcross in particular has proved a growing industrial market, and we are glad Baumueller-Nuermont Corp. sees the value in leasing at Oakbrook Place.”

The single-story, warehouse flex space is part of the Oakbrook Place office complex located in Norcross. The property sits on more than five acres and offers convenient access to the Jimmy Carter and Indian Trail exits off Interstate 85, as well as an 18-foot clear height, large truck courts, and office, grade-level and dock-high loading.

About Lincoln Property Company

Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, employing over 6,800 people in 32 states and 10 countries in Europe. Since its inception in 1965, Lincoln has developed over 250 million square feet of office, industrial, and retail projects as well as 209,000 apartment units. Stemming from its development and ownership background, Lincoln's operating platform seamlessly integrates its various service lines, provides for consistent and measureable performance and utilizes cutting-edge technology over its 350+ million square feet of managed assets.

For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com. To check out the blog, go to www.lpcsoutheast.com/blog.