Atlanta, GA | Office | Closed on RealINSIGHT Marketplace

  • Jan 09, 2020
  • Marketplace Closings

68,000 SF, 100% GSA Occupied Office Building Sells For 113% Of Reserve

RealINSIGHT Marketplace is pleased to announce the sale of The Valley at Chamblee Tucker located in Atlanta, GA. Marketplace teamed with CBRE to market this single-tenant, GSA-Leased 68,000 SF office building. 

The Marketplace team and the Brokers worked together to highlight the buildings strong historical occupancy (>97% average annual occupancy since being built in 1989) and its strong location, which featured great regional access and excellent visibility, as well as the option it provides tenants relocating from the CBD or are priced out of the CBD–competitive rental rates and ample parking for employees, to mitigate the risk of a vacant suburban office building.

The marketing efforts resulted in 121 signed Confidentiality Agreements, 11 fully-vetted bidders and a closing price of 113% of the Reserve. 

Learn more about this auction property by visiting the asset page: The Valley at Chamblee Tucker

Or contact us for more details at 800.915.7015