Avison Young Negotiates Sale of Industrial Building in Metro Atlanta for $9 Million
June 12, 2018Cobb County 130,250-square-foot warehouse offers easy access to major highways for reaching customers
ATLANTA – June 12, 2018 – The Atlanta office of Avison Young today announced it has arranged the $9 million sale of 3075 Chastain Meadows Parkway, a 130,250-square-foot warehouse in Kennesaw, Georgia.
Brent Weitnauer, Chip Watson and Ben Parker of Avison Young represented the seller, Suzuki, in the transaction with Exeter 3075 Chastain Meadows, LLC.
The facility is a modern Class A distribution or HQ facility located in Chastain Meadows Business Park that offers 2.9 acres of expansion capability.
"3075 Chastain Meadows was one of the only larger freestanding facilities in the Northwest corridor of Atlanta,” said Weitnauer, principal of Avison Young. “We had significant interest in the site because of its image quality, access to major highways and unique expansion capabilities.”
The Avison Young Atlanta team is supported by a full-service office that includes sales, marketing, leasing, property management and research teams. The firm currently manages more than 19 million square feet of property across the Atlanta region.
About Avison Young
Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,600 real estate professionals in 82 offices providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.