Thursday, December 13, 2007

Illinois Group Pays $8M+ for 1165 Northchase

Westminster Northchase LLC of Lake Forest, IL, purchased the Northchase Office Park 1165 Building in Marietta, GA, from CMD Realty Investment Fund III, LP for $8.4 million, or about $98.50 per square foot.

The 85,152-square-foot building, at 1165 Northchase Parkway, is on 5.31 acres and was completed in 1986.

There were no buyer or seller brokers reported for this transaction.

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source: costar.com

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