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Austrian Light Fixture Manufacturer Eglo Expands US Operations



November 24, 2010

New US Headquarters and Distribution Center in Atlanta  

Seefried Industrial Properties Inc. , a full-service national industrial real estate company with headquarters in Atlanta, has recently completed the purchase of a 116,000 SF warehouse in Atlanta, Georgia, on behalf of Eglo USA, a 100 % subsidiary of Eglo Leuchten GmbH in Pill, Tyrol. The building will be used by Eglo as their US headquarters and distribution center for its lighting products. Eglo USA CEO Gernot Mang was able to secure a business relationship with Home Depot. Eglo light fixtures can be purchased nationwide in Home Depot stores.

Ferdinand Seefried, President of Seefried Industrial Properties and Honorary Consul General of Austria in Georgia, indicated that Eglo’s choice of Atlanta was partially due to the city’s favorable location as a regional transportation hub and the ability to conduct business in Georgia at very competitive costs. According to Seefried the building is a first-class distribution facility and was purchased by Eglo substantially below replacement costs. Eglo will occupy the building in March 2011.