 |
| John DeYonker |
ATLANTA, GA – Bull Realty has brokered the $5.4 million,
all-cash sale of 856 acres in Douglasville, Ga., approximately 15 miles from
the Hartsfield-Jackson Atlanta International Airport.
John DeYonker,
a vice president in Bull Realty’s Land and Developer Services division, and Rob
Whitmire, a partner with the firm, represented the seller, DBSI Villages at
Riverview LLC, in the transaction.
The seller is a related entity to DBSI Inc., which filed for
bankruptcy. The trustee of the liquidating trust set up to sell the assets of
DBSI Inc. hired Bull Realty to market the property and secure a buyer.
 |
| Rob Whitmire |
Josh Reeves
of Sotheby’s Atlanta Fine Homes represented the buyer, ETPC Company LLC.
The property was
previously slated to be the site of developer Brooks Land Inc.’s Villages of
Riverview master-planned community, and the site is currently entitled for
1,095 single-family homes, 325 town homes and 14 acres of commercial space.
“This outstanding site is one of the largest fully entitled
properties in metro Atlanta and, being located about 15 miles from
downtownAtlanta and the Hartsfield airport, offers great possibilities for
future development,” said Michael Bull, president and founder of Bull Realty.
 |
| Michael Bull |
“John and Rob did an outstanding job in procuring a buyer and closing this
transaction within 90 days of the property being listed.”
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
The Wilbert Group
E-mail: sursery@thewilbertgroup.com
Office: (404) 965-5026
Cell: (404) 405-2354
No comments:
Post a Comment