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| John DeYonker |
ATLANTA, GA — Bull Realty
arranged the sale of a 3-acre tract of land in Chamblee, GA. The sale closed on
August 15th for $5,750,000.
The property will become
“The Malone on Peachtree,” a 5-story, LEED certified 466,057 SF mixed-use
development with approximately 205 age restricted units and 23,937 SF of retail
space. The architect for the project is Coursey & Associates Architects.
Renderings were released by The Atlanta Business Chronicle in May.
Bull Realty’s John DeYonker arranged the sale between
the seller, Maltese Family Holdings, LLLP, and the buyer, a subsidiary of
Courtland Partners.
“This is a great location
and site. The development will do well in this booming market,” said DeYonker.
“When you see land selling
for $44 per square foot, it clearly illustrates the viability of walkable city
centers in close-in suburban markets,” said Michael Bull, CCIM.
For more information,
please contact:
Melissa Henry
Communications Manager
Bull Realty, Inc.
404-876-1640 x 110
Bull Realty, Inc.
(www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory
firm headquartered in Atlanta, licensed in ten states providing acquisition,
disposition, leasing and advisory services. The firm also produces and hosts
America’s Commercial Real Estate Show (www.CREshow.com).
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