The property sold for the asking price. Risk Management Alternatives (RMA) occupies the entire building.
"It was surprising to me, with the amount of pessimism among a lot of people in the industry right now, that we found a lot of activity," James P. Cate, corporate managing director, Julien J. Studley Inc., Atlanta Investment Services Group, tells GlobeSt.com.
Cate closed a $27 million sale-leaseback transaction in Harrisburg, PA in mid-September. "We have not been disappointed in the demand for these offerings," the broker says.
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