Dynalectric Company, a wholly-owned subsidiary of EMCOR Group Inc. (NYSE: EME), restructured its lease at 3145 Northwoods Parkway in Norcross, Ga. for six more years.
Michael Demperio, managing partner at Newmark Frank Knight, and Michael Sutter, an associate at Newmark Frank Knight, represented the tenant in the transaction.
Dynalectric, a premier electrical contractor serving the Southeast since 1977, will continue to occupy 25,808 square feet in the flex building in the Northwoods master-planned park. The company’s space represents approximately 35 percent of the entire building.
Landlord Industrial Brokers & Associates represented itself in the transaction.
New York-headquartered Newmark and London-based partner Knight Frank operate from over 140 offices in established and emerging property markets on 5 continents. Last year, transactions were valued at over $41 billion with annual revenues of over $545 million. With a combined staff of 4,500, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.