NORCROSS, GA-OA Development has included Peachtree Corners Technology Center, a three-building tech center, to its portfolio. The Atlanta-based company has purchased the 162,000-square-foot center for $12.3 million. The deal was supported with $8.7 million in debt issued by American National Insurance.
The property, which comprises office, distribution and light industrial space, is 100% occupied by tenants, including Sprint, Xerox and FedEx. Thomas R. Shafer form Resource Real Estate Partners handled the deal. For the full story, go to Atlanta Business Chronicle .
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