Oakley Real Estate Partners Acquires Industrial Building From The Hoover Family For $4.4M

The property involved in this closed transaction is an industrial asset located at 1405 Owenby Drive Northeast, Atlanta, GA. The sale price for this property was $4,402,500, with a total square footage of 43,044, equating to a price per square foot of $102.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,402,500
• Address: 1405 Owenby Drive Northeast
• Market: Atlanta, GA
• Square Footage: 43,044
• Price Per Square Foot: $102
• Buyer: Oakley Real Estate Partners
• Seller: The Hoover Family
• Broker Representatives: Martin Cohen & Marc D. Smouha - CorePoint RE

This transaction was facilitated by Martin Cohen and Marc D. Smouha from CorePoint RE, representing the parties involved. It was noted that this was an off-market transaction, highlighting the active role of CorePoint RE in closing the deal.