Tuesday, July 4, 2017

Lincoln Property Company Southeast Completes $3.5 Million Sale of Communications Drive Office and Industrial Building in Norcross, GA

Chip Sipple
ATLANTA, GA – Lincoln Property Company Southeast (Lincoln) has announced it has completed the sale of a 56,600-square-foot office and industrial building in a prime location at 4261 Communications Drive in Norcross.

 Chip Sipple and Jeff Henson of Lincoln represented the seller, Flooring International Distribution Inc.

Young Georgia Properties LLC bought the building for $3.5 million. The previous owner decided to downsize into a space that better fit its operations. The new owner has moved in.

“This building offered a superior location in Atlanta’s largest industrial market in a great business park setting,” said Lincoln’s Sipple. “With a functional floor plan, top-of-the line features and a large warehouse, this Communications Drive building represented a tremendous opportunity for the new owner.” 

Jeff Henson
The property consists of 11,597 square feet of office and showroom space with an open floorplan and a mixture of private offices and open work areas, as well as a 44,389-square-foot warehouse featuring 24-foot clear heights and drive-in, dock-high loading.

Additionally, the 4.75-acre property includes ample surface parking, an attractive landscaped environment and easy access to major roadways including I-85 and I-285.

For a complete copy of the company’s news release, please contact:

Gary Tanner
The Wilbert Group

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