Grubb & Ellis Realty Investors LLC this week announced the acquisition of a Home Depot property in Austell, Ga., on behalf of a private investor.

Sold by The Sembler Co. for an undisclosed price, single-tenant property has nearly 131,000 leasable square feet located on approximately 15 acres of land. It is located at the intersection of Floyd Road and the East-West connector.

The buyer is a high-net-worth individual purchasing through Grubb & Ellis’ Wealth Management Program.

At the time of sale, the property was 100 percent leased to Home Depot.


***


What’s your opinion? Leave your comments below or send a
letter to the editor.


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