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ADVO Signs Estimated $8-Mil Lease at Crescent Resources' Build-to-Suit

ATLANTA-The country's largest direct-mail marketing company will move its metro area processing center in April from its current 115,000 sf location in Fulton County to a 144,500-sf headquarters structure at Riverside Business Park.

By Judith Schonbak | Updated on December 21, 2000

ATLANTA-ADVO, a locally-based national direct-mail marketing firm, is moving its 100 employees in April from its current 115,000-sf location in Fulton County to a new $5.5-million facility at Riverside Business Park in Austell, south Cobb County, about 20 miles west of Downtown.

The firm is leasing the entire 144,500-sf building from developer Crescent Resources Inc. for 11 years at an estimated cost of $8 million.

Rental rates in the area are $5.50 per sf to $6.50 per sf. Sean Boswell and Mike Spears of Colliers Cauble represented ADVO.

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