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| Andy Lundsberg |
ATLANTA, GA — Bull Realty
brokered the sale of 345 Peachtree Industrial Blvd., a 2-story office building
totaling 17,366 on 1.7 acres in Suwanee, GA. The transaction closed on February
21, 2017 for $3,540,000 at an 8% cap rate.
The property is anchored
by Emory Healthcare, who occupies approximately 6,000 SF on the first floor.
There are multiple other tenants providing medical and personal services, such
as C.H. Martin Co. and Children & Teen Dental. The property is 92%
occupied.
The portfolio was
exclusively listed by Andy Lundsberg,
Partner at Bull Realty.
“Suwanee is now considered
an affluent submarket of Atlanta. This particular area has seen an influx of
growth and development over the last few years,” said Lundsberg.
The seller was RJG
Properties LLC and the buyer was Joognoo Vanowen 11835 LLC.
For a complete copy of the company’s news release,
please contact:
Communications Manager
404-876-1640 x 110
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