Wells refused to identify the seller but a published report says the property was owned by Duluth, GA-based Technology Park/Atlanta, Inc.

Two tenants occupy the building on long-term leases. Wells refused to disclose their terms. But a published report says Northfield, IL-based Kraft Foods, has a 10-year lease for 73,000 sf. PerkinElmer Instruments, the imaging technology subsidiary of Wellesley, MA-based Perkinelmer, Inc., has a 15-year lease on the remaining 14,219 sf.

The single-story building was completed in 2001 and is located on 10.9 acres in Johns Creek Park in the North Fulton/South Forsyth County area, near Georgia 400 and Interstate 85.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.