Marcus & Millichap negotiated the sale of the newly constructed Sofa Express/Thomasville Furniture properties in Buford, Ga.

The total value of the two single-tenant, net-leased buildings was $11.4 million.

The properties are located on Buford Drive in northwest Atlanta directly across from the 1.7 million-square-foot Mall of Georgia. The properties were recently completed and collectively comprise 28,452 rentable square feet on approximately 2.5 acres.

An Atlanta-area developer sold the property via a 1031 exchange to Orlando, Fla.-based CNLRS Acquisitions Inc.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.

***

What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription