Friday, June 27, 2014

Stan Johnson Co. Completes $7.4 Million Sale of Hanil USA in Tallahassee, AL

Andrew Ackerman
Tallassee, AL, JUNE 27, 2014 – Stan Johnson Company, The Net Lease Authority®, has completed the sale of an 111,564-square-foot industrial property leased to Hanil USA, Inc., located in Tallassee, Alabama. The property sold to BIG Acquisitions for $7,400,000.

Andrew Ackerman, Rahill Lakhani, and Mike Sladich of Stan Johnson Company’s Atlanta office represented the seller, AES Industries – an individual Investor, in this transaction. 

Hanil USA, Inc. is operating under a NNN lease with a 15-year base lease term and two, five year renewal options. The tenant is an automotive manufacturing supplier and a subsidiary of TI Automotive.

Located approximately 65 miles southwest of the KIA Motor Facility in Georgia and 37 miles northeast of the Hyundai plant in Alabama, this tenant is strategically located to distribute products and support to these major manufacturing facilities.
For a complete copy of the company’s news release, please contact:

David Ebeling
Ebeling Communications
(949) 278-7851

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