Grubb & Ellis Realty Investors LLC this week announced the acquisition of a Home Depot property in Austell, Ga., on behalf of a private investor.
Sold by The Sembler Co. for an undisclosed price, single-tenant property has nearly 131,000 leasable square feet located on approximately 15 acres of land. It is located at the intersection of Floyd Road and the East-West connector.
The buyer is a high-net-worth individual purchasing through Grubb & Ellis’ Wealth Management Program.
At the time of sale, the property was 100 percent leased to Home Depot.
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