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SED To Move Corporate HQ

3/18/2011 01:48:14 PM Eastern
Tucker, Ga. - SED International Holdings, a multinational supply-chain management provider and CE distributor, announced that it's moving its corporate headquarters.

SED said it has entered into a 11-year lease agreement with Highwoods Properties for a new corporate office and expanded distribution center in Lawrenceville, Ga. The distributor expects to occupy the new space by Sept. 30.

The lease agreement covers approximately 72,000 square feet, representing a 25,000-square-foot expansion of SED's distribution center at a lower total cost than SED's current facilities, it said, adding that the new location will allow it to employ enhanced distribution equipment and provides immediate access to the interstate, increasing efficiency in delivery to and from SED's distribution center.

"We are excited to have secured this new location as SED's continued growth requires the expansion of our corporate office and distribution center," said Jonathan Elster, SED's president and CEO. "We recognized the need for a larger facility to house our growing business and secured a favorable lease agreement that provides SED with the necessary resources to improve the overall efficiency of our operation. The new facility offers upgraded office space for our corporate employees and expanded capacity for our distribution facility. SED is focused on sustainable growth for the long term, and the new facility will assist us in executing on our strategic sales growth initiatives and important corporate objectives."

 
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