Transwestern dumps flex office portfolio

Chicago investor gains 3 buildings

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Transwestern Commercial Services facilitated the sale of a portfolio of flex office properties totaling 367,957 square feet in Atlanta, Ga. The total value of the transactions was $18.7 million. Located in Atlanta's Peachtree Corners submarket, the portfolio is comprised of 14 single-story and two-story flex office buildings and includes Northwoods Commons, Northwoods Business Center and The Business Park. Chicago-based Transwestern Investment Co. sold the portfolio to Chicago-based Rushmore Properties LLC. Built in 1984-1986, the portfolio was acquired by Transwestern in 2000. Transwestern Commercial Services specializes in services including agency leasing, property and facility management, tenant representation, corporate advisory, and investment and finance. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....