Saturday, April 16, 2011

Georgia-Pacific leases warehouse space in Jacksonville - Jacksonville Business Journal:

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The company is consolidatingb a 175,000-square-foot warehouse in Savannah and a totallof 440,000 square feet of warehouse spacse on Western Way and Baycenter Drivew on the Southside to the facility on the Westside becausse of its easy access to Interstate 95 and Interstat e 10, said Georgia-Pacific spokesman Jeremy Alexander. “We’re looking for ways to improv efficiencies across theentire organization,” Alexander The company will distribute Angel Soft and Quilted Northern brand toilet papet as well as Sparkle and Brawny brand paperd towels from the facility to retailerse throughout the Southeast.
The facility has the capacityg to handle 5 million cases of finished goodeeach year. Atlanta-based Georgia-Pacific, an wholly owned subsidiary of , is an international manufacturer and marketerof tissue, packaging, paper, building products and related The company has five manufacturing facilities and two othet warehouse facilities in Florida, as well as severa l offices, including a customef service center in Jacksonville. The products distributerd from Jacksonville by third partt provider are manufactured at millz in Palatkaand Savannah. Georgia-Pacific is leasin the space from , a S.C.-based industrial and multifamily developer.
“It’s a significantf transaction for us,” said Johnson Development Market LeaderAndy Rapp. “We’re obviously very pleased to have them as a The industrial division operates in 12 markets throughouythe Southeast, including its only propertt in Florida at Westlake. Johnson Developmenr recently completed construction on its first locao speculative buildingthat Georgia-Pacific is leasing. It expectsx to start on the second, a 208,000-square-foot spec sometime in the second halfof 2009. Johnsonb Development also has the option to buy 100 acres in a separate part of Westlak e that could accommodate up to 100 million squarde feetof space.
Mark Scottf from represented the tenant inthe multi-year leaswe that was signed in December and will take effecy in February. Georgia-Pacific’s neighbors at Westlake includwe , LLC and Gary Henderson, a site developmeny manager for the master developer of theindustriap park, (NYSE: NSC), said that while developmengt plans have slowed because of financing there are still several hundred acres left to be developedf at Westlake. “We do have severak prospects,” Henderson said, “just not as many as ther e were ayear ago.

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