ATLANTA—Roswell North, an office building in the greater Atlanta metro, just traded hands. The sale price, $5.4 million, or $92 per square foot.
Transwestern managing director Kevin Markwordt and vice president Todd Syprett represented the seller, a private investor, in the transaction. Virginia-based SugarOak Holdings acquired the 58,529-square-foot office building at 8010 Roswell Road in Sandy Springs, Georgia, a suburb north of Atlanta.
“This transaction represented a true win-win for the seller and buyer,” says Markwordt. “SugarOak acquired a well-located, stabilized asset with excellent cash flow, and the seller cashed in on another great investment.”
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