Lee & Associates arranges Peco Fasteners 88,300 SF Industrial Lease with EastGroup in Douglasville, Georgia

Lee & Associates has arranged an 88,300-square-foot industrial lease at 9850 Commerce Way in Douglasville, roughly 22 miles west of Atlanta. Joseph Mullican and Lee Steed of Lee & Associates’ Atlanta office represented the tenant, Peco Fasteners, a distributor of industrial fasteners and electrical products, in the lease negotiations. The landlord was Ridgeland, Miss.-based EastGroup Properties and the deal totaled $10.7 million, according to Lee & Associates.

EastGroup Properties (NYSE: EGP)
John Coleman | EVP, Investment/Development-Southeast

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