Locally based Hurricane Alcovy Investments, Genoa Realty Services Inc. and developer Julian LeCraw have purchased almost half the park (608 acres) for $13.3 million or $21,875 per acre (50 cents per sf).
They plan to sell individual parcels to developers and companies seeking to set up headquarters in the park. The buyers couldn't be reached at GlobeSt.com's publication deadline for comment on their near-future plans or the asking prices of their tract.
But area brokers familiar with the Gwinnett submarket and its land prices tell GlobeSt.com the investors made a huge buy.
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