March 5, 2015
Ackerman & Co. Sells Walgreens Property for $5.8MM
Atlanta, March 5, 2015 – Ackerman & Co. has brokered the sale of a 14,490-square-foot, single-tenant, net-leased Walgreens in Douglasville, Ga. for a healthy $5,850,000 (99% of asking price). The property, constructed in 2002, is located at a highly traveled corner in the largest retail market in west Atlanta MSA.
Sean Patrick, vice president of Investment Sales at Ackerman & Co. represented the seller, a local investor SAUM, LLC. The property was purchased by Douglas Corner LLC and represented by Mark Myers of Park Place Realty, LLC.
– About Ackerman & Co. –
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing best-in-class investment, brokerage, management and development services since 1967. To date, the company has developed and acquired more than 30 million square feet of office, medical, retail and mixed-use space, has nearly 4 million square feet under management, and maintains an investment portfolio valued at $750 million.
For more information on Ackerman & Co., visit www.ackermanco.com