ACKERMAN & CO. BROKERS SALE OF 37,750 SF WAREHOUSE PROPERTY IN DECATUR, GA. FOR $2.2 MILLION
ATLANTA, September 18, 2017 – Ackerman & Co. announced today that it has completed the sale of a 37,750-square-foot warehouse facility and 3.1 acres of land in Decatur, Ga., for $2.2 million. Custom Slip Cover & Upholstery, which housed its upholstery services and administrative offices in the facility, sold the land and building to Oakhurst Realty Partners.
Ben Campbell, brokerage associate at Ackerman & Co., represented the company in the transaction.
Located at 2969 East Ponce de Leon Avenue about eight miles from downtown Atlanta, the property is directly across from DeKalb Famers Market, which is undergoing a major expansion that will more than triple the size of the popular shopping destination to more than 550,000 square feet.
“It was a pleasure to close this sale and work with owners Chean Chea and Miguel Moreno, who have operated their business in Decatur for more than 30 years and are so passionate about their field and their community,” said Campbell. “This sale will enable Custom Slip Cover & Upholstery to relocate to a more modern facility to continue serving its growing base of customers.”
2969 East Ponce de Leon is the original headquarters location of the Huddle House restaurant chain. The property provides 240 feet of frontage along East Ponce de Leon Avenue and is one of the last industrial sites available in Decatur.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired nearly 35 million square feet of office, medical, industrial, retail and mixed-use space, has more than 7 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information on Ackerman & Co., visit www.ackermanco.com