Baltimore-based commercial real estate firm MCB Real Estate LLC Friday announced it signed a new lease with SBS Transportation for 1,000,200 square feet to completely occupy a newly constructed logistics center in Palmetto, Georgia.
Headquartered in St Paul, Minnesota, SBS Transportation (SBS) is a single-source, asset- based provider of end-to-end international shipping and logistics solutions – specializing in import container de-vanning, CFS services, export container loading, US Customs Brokerage, International air sea freight forwarding, and International ocean freight contract management.
SBS has 11 locations across the United States and four along the East Coast. SBS will utilize the expansive space in Palmetto for storage, distribution and minor assembly of power sports vehicles, such as ATV’s, recreation vehicles and jet skis).
Located 25 miles south of Atlanta, the logistics center at 1015 Collinsworth Road in Palmetto is positioned with excellent access off of Interstate 85. The property is located within 5 miles of a CSX railway Intermodal and within 15 miles of the Hartsfield-Jackson International Airport – the most traveled airport in the United States.
CBRE Industrial & Logistics leasing team led by Mark Hawks and Todd Barton represented the Landlord on this transaction and Mike Sutter of Lee & Associates represented the Tenant.
MCB Real Estate is a privately held, institutionally capitalized commercial real estate development and investment firm. The company owns and operates approximately nine million square feet of retail, industrial, office and mixed-use projects.