Stan Johnson Co. Brokers $3M Sale of Metro Atlanta Cold Storage Facility
Stan Johnson Co. has arranged the $2.5 million sale of a 22,689-square-foot industrial facility located at 1812 Joy Lake Road in Morrow, GA.
The facility was originally built in 1982 and has seen recent capital improvements. It is situated on 2.2 acres which can accommodate additional trailer parking or outdoor storage. The cold storage and food distribution facility was fully leased by BakeMark, a leading supplier of baking products and services in North America.
Michael Macchia and Jimmy Ullrich of Stan Johnson Co. represented the 1031 exchange buyer, a private investor group based in New Jersey and New York. The seller was McWhirter Realty Partners, an Atlanta, Georgia-based real estate firm.