 |
| Chip Sipple |
ATLANTA, GA – TTG
Properties, LP, has purchased a 9,358-square-foot vacant retail building
located in Valdosta, Georgia, from Rialto Capital Management for $670,000.
Chip Sipple and Kirk Williams of Lincoln Property Company (Lincoln) represented the seller.
Clay Browning with Commercial Real
Estate Advisors LLC provided local expertise and assisted Lincoln with the
sale.
“This property is located
in the fast–growing Five Points submarket of Valdosta, which has seen great
improvement over the past several years,” Sipple said. “The property is located
in close proximity to strong demographics and other major retailers including a
Walmart Superstore.”
The building, located at
3119 N. Oak St. Extension, is the former location of the Potter’s House
Christian Retail Store, which closed in 2013. The property benefits from its
location inside the city limits of Valdosta in the Five Points submarket.
For a complete copy of the company’s news release,
please contact:
Laura Rispin • The Wilbert
Group
1720 Peachtree St., Suite
350 • Atlanta, Ga. 30309
M: 404-630-0148
www.thewilbertgroup.com
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