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Lincoln Property Company Southeast Closes Two Office Building Sales in Norcross, GA

25 Feb 2019

Lincoln Property Company Southeast has arranged two office building sales in the Norcross / Peachtree Corners submarket of Atlanta. Jeff Henson of Lincoln represented the seller in both transactions, totaling nearly $10 million.

180 Technology Parkway

180 Technology Parkway was purchased for $4,685,000 by American Society of Heating, Refrigeration and Air Conditioning Engineers, Inc., a global society focused on building systems, energy efficiency, indoor air quality, refrigeration and sustainability within the industry. Gannon Shepherd with JLL and Ward Entrekin with Major & Arroll represented the buyer.

3100 Avalon was purchased for $5,000,000 by the City of David Atlanta. The City Of David Atlanta is a parish of The Redeemed Christian Church of God, North America.

3100 Avalon Ridge

“Norcross has seen rapid job and population growth in the past few years, making it a great location for corporate headquarters and presenting an outstanding opportunity for the buyers in these transactions,” said Lincoln’s Henson.

Located on a 10.91-acre coporate campus, 180 Technology Parkway is a 66,870-square-foot, three-story office building surrounded by extensive landscaping in a lush park setting, enhanced by lake views, a picnic area and walking trails. It also offers prominent monument signage, ample surface parking and functional floor plans with a mix of private offices, open work area and training rooms.

Formerly an AT&T call center, 3100 Avalon Ridge Place offers 59,400 square feet of office or call center space with heavy power and fiber optics. Situated on 5.88 acres in Gwinnett County, the building was recently renovated to include a new roof, HVAC throughout, new LED lighting and upgraded carpet throughout.It offers excellent access to I-85 and I-285 and close proximity to restaurants, national retailers, banking, childcare centers and hotels.