Lincoln Property Company Southeast (Lincoln) has brokered the sale of 1029 South Hamilton Street, a two-building, 164,000-square-foot warehouse facility in Dalton, Georgia. Denton Shamburger and Chip Sipple of Lincoln represented the seller, Rialto Capital Management. Bolyston Crown Properties purchased the property, which was built in the early 1900s, for $525,000.
The property sits on 13.5 acres and is located just 2.5 miles east of Interstate 75 and directly south of downtown Dalton.
“This facility provides the new owner a great opportunity as it was purchased well below replacement cost and is in a great location,” Sipple said. “The size of the site and the property allow the new owner a wide range of opportunities in the future.”