RockTenn Expands Operations in Georgia with Hampton Green I Office Building Lease

Strategic Insights -

RockTenn, a leading developer of corrugated and consumer packaging items, has further expanded its presence in Georgia by leasing 68,666 square feet of office space at Duke Realty Corp.'s Hampton Green I building in Duluth. This significant move follows RockTenn's takeover of Smurfit-Stone Container Corp. and will accommodate its additional 500 staff members. The lease commences on September 1st, with RockTenn occupying three floors of the 125,280-square foot, Class-A building. In return, Duke Realty will relocate its 34,000-square-foot regional centers from Hampton Green to its Business Park at Sugarloaf complex.

Key Takeaways:

  • RockTenn has leased 68,666 square feet of office space at Hampton Green I building in Duluth, accommodating its additional 500 staff members following the takeover of Smurfit-Stone Container Corp.
  • The lease begins on September 1st and involves three floors of the 125,280-square foot, Class-A Hampton Green I building.
  • Duke Realty will relocate its 34,000-square foot regional centers from Hampton Green to its Business Park at Sugarloaf complex.
  • Chris Brown, Senior Vice President at Duke Realty, and Craig Flanagan, Vice President, worked on behalf of the proprietors, while Douglas Biggs and Jeff Kelley from Colliers International represented RockTenn.
  • RockTenn's Georgia operations are now situated in multiple locations, including Atlanta, Lithia Springs, Columbus, Hartwell, Covington, Augusta, College Park, Lithonia, and Marietta.
  • Local authorities, including the Governor's Office, the State of Georgia, and Gwinnett County, have collaborated with RockTenn, offering support and incentives, including access to the Georgia Quick Start workforce development program.

Statistics:

  • Occupation of 68,666 square feet of office space by RockTenn
  • Lease duration: starts on September 1st
  • Building occupancy: three floors of the 125,280-square foot, Class-A Hampton Green I building
  • Duke Realty's relocated square footage: 34,000 square feet
  • Number of RockTenn staff members in Georgia: over 500
  • Number of locations of RockTenn's Georgia operations: 10
  • Number of Gwinnett County staff members positively affected by the deal: undisclosed

Sources:

  • "RockTenn Renews, Expands Georgia Presence With 68,666 SF Lease at Hampton Green I", Euclid Infotech Pvt. Ltd.