Lincoln Property to Oversee Atlanta Industrial Building Sale
- Nov 07, 2016
by Evelina Croitoru
Atlanta—Dallas-based Lincoln Property Co. Southeast (Lincoln), one of the top national commercial real estate companies, has been selected to arrange the sale of a 27,000-square-foot multi-tenant industrial building in Stockbridge, Ga. Located at 10 Andrew Drive, the property is listed at $975,000.
Situated within the Hudson 75 Business Park, the building features nine 3,000-square-foot bays with one dock per bay having 20-foot clear ceiling height. In addition, the property offers convenient access to I-75 being located right off Eagles Landing Parkway, close to a large amenity base and strong demographics.
Chip Sipple, senior analyst with Lincoln and Jeff Henson, vice president, are responsible for overseeing the sale of the property on behalf of the seller, Lucien Kimball. Lincoln has recently closed various sales and leases in the Atlanta-area, including the one in Alpharetta, Ga. “This property offers an excellent value-add opportunity for a potential buyer, which is what investors are aggressively seeking right now. This is the third property we have been retained to sell for Lucien this year, and we are confident we will have success securing a buyer quickly by the end of the year,” Jeff Henson said in prepared remarks.
Image courtesy of Lincoln Property Co.