2135 Piedmont Road, Atlanta, Ga land aerial |
ATLANTA, GA– Bull Realty has brokered the $2.1 million sale
of a 2.4-acre, bank-owned redevelopment site in Atlanta. Goodwill of North
Georgia purchased the property, which was previously the site of an antique
market and is located at 2135 Piedmont Road, with frontage on Interstate
85 and Piedmont Road. Regions Bank was the seller.
Rob Whitmire |
Rob Whitmire,
a partner and senior vice president, special asset services, at Bull Realty, and
John DeYonker, vice president of land and developer services at the
firm, represented the seller in the disposition. David Poer of the David
H. Poer Co. and Henry Poer, vice president of retail services for CBRE,
represented the buyer.
“It was important
for the seller to close in the third quarter, and we were able to focus our
strategy on buyers with the experience and ability to make this happen,”
Whitmire said.
John De Yonker |
“Although they are sometimes overlooked, buyers that will occupy
or build to suit will generally pay more than the investor speculating on
future use and viability. We leave no stone unturned to find the best buyer for
each property.”
The centralized,
highly visible location offers easy access to Buckhead and Midtown Atlanta, as
well as interstates 85 and 75, Georgia 400 and the city’s rail transit. An
estimated 55,120 cars pass by the site daily on Piedmont Road, and 233,170 more
cars per day drive by the property on Interstate 85.
Established in 1925,
Goodwill of North Georgia serves a 45-county area with 41 retail stores, more
than 60 donation centers and eight career centers.
For More Information, Contact
Stephen Ursery
Wilbert News
Strategies LLC
404-965-5026
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