|
Quebecor World Direct
3915 Mundy Mill Road, Oakwood, GA

The Client:
Quebecor World Direct
The Transaction:
Disposition of 223,200 SF manufacturing building on 58.5 acres
The Challenges:
The building could not economically be converted to a distribution use and
therefore
severely restricted user group to manufacturers. Significant environmental
contamination
on the property from present and past owners/users. Gross amount
of surplus land
at severely varying elevations. Depressed industrial market.
New Thurman Tanner Parkway
construction contiguous to the property
delayed due to funding issues.
The Results:
Secured retail user to take down entire site. They will demolish building and
remediate
environmental issues while completing their site work. Buyer to help
fund a portion of
Parkway enhancing access and exposure. A win-win for user and the City.
The Bottom Line:
Total Size of Project: 223,200 SF on 58.8 acres
Sales Volume: $7,645,000
Bryant Commercial Real Estate Partners
One Alliance Center - 3500 Lenox Road NE, Suite 200,
Atlanta, GA 30326
Phone: 404.442.2810 Fax: 404.442.2811 |
|