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NAIBG Brokers $6.875 Million Sale of Mountain East Business Center

ATLANTA, GA – December 18, 2017 – NAI Brannen Goddard, a leading provider of commercial real estate services, recently facilitated the sale of Mountain East Business Center, a 247,507 SF master-planned park of 12 office/flex/warehouse buildings located at West Park Place Boulevard and West Park Court off of Highway 78 in Stone Mountain, Gwinnett County, Georgia.

NAI Brannen Goddard managing director David Beak and director Stephen Pond marketed the property on behalf of the seller, James M. Williams, Jr Real Estate. The property sold for $6,875,000, $27.78 per square foot, and was 43% leased at the time of sale.

Mountain East Business Center is a multi-tenant business park located in the Stone Mountain Industrial Submarket. Located off Stone Mountain Highway (Highway 78), the project is just 8.3 miles from I-285. The property is leased to a diverse tenant mix comprising of RCD-Atlanta, Heatcraft Refrigeration, Get Air, GA Communications, Metals & Materials Engineers and Supply America.