Colliers International has arranged the $5.5 million sale of a light industrial warehouse in Lawrenceville. Lee Cardwell of Colliers represented the buyer, MCM Best Friend Road LLC, in the transaction. The seller was Tara Materials Inc.
Located at 111 Fredrix Alley, the property sits on six acres and includes a 120,000-square-foot warehouse facility. The property is nearby Georgia highway 316 and the Gwinnett county airport.
“The industrial market continues to show great momentum as we head into 2021. The new owners are pleased to own a property in such a great location within the city of Lawrenceville, which is a city that continues to show they are a great place for businesses to have great success,” said Cardwell.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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