Saturday, October 20, 2012

Bull Realty Brokers Sale of 2.4 Acres in Atlanta to Goodwill


  
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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