Lincoln Property Company Southeast Closes Sale of Norcross Business Park
Friday, May 15th, 2020
Lincoln Property Company Southeast (Lincoln) has arranged the sale of 2975 Northwoods Parkway located within Northwoods Business Park in Norcross, Ga. Lincoln’s Chip Sipple and Jeff Henson represented the seller in the transaction.
Located in Peachtree Corners, just off Peachtree Industrial Boulevard, 2975 Northwoods Parkway features 86,000 square feet of renovated office and flex space, situated within a 15-acre setting.
“The Norcross market continues to experience rapid growth, presenting a prime investment opportunity for buyers,” said Lincoln’s Sipple. “With long-term tenancy and a strategic location, 2975 Northwoods Parkway will continue to be an attractive asset in the future.”
The building is currently occupied by Diversified for a new seven-year lease term, with option for renewal. The company is an industry leading technology solutions provider delivering innovative digital media, collaborative broadcasting, electronic security and OTT solutions to global clientele across a wide array of markets.