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Niantic Acquires Industrial Property In Conyers, GA For $14.5M

Property Image
SOLD
$14,500,000

Georgia

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Industrial1,001,880 SF
Sold 02/03/2023
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Property Image
SOLD

Niantic Acquires Industrial Property In Conyers, GA For $14.5M

2030 East Park Drive Northeast

See Similar Deals
Industrial1,001,880 SF
Sold 02/03/2023
Contact now

Summary

GEORGIA
Asset Type:Industrial
Price Per Square Foot:$14
Total Square Footage:1,001,880 SF
Transaction Type:Sale

The industrial property located at 2030 East Park Drive Northeast in Conyers, GA has been sold in a transaction. The property was acquired by Niantic from the seller, East Side Stageworks. The sale price for the property was $14,500,000. The property spans a total area of 130,738 square feet, resulting in a price per square foot of $111.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $14,500,000
  • Address: 2030 East Park Drive Northeast, Conyers, GA
  • Market: Conyers, GA

The brokers involved in this transaction were Dan Shapiro, Josh Rosen, and David Warren from KSR. They represented both the buyer, Niantic, and the seller, East Side Stageworks, throughout the deal.

An additional note from the broker mentions that the property is currently tenanted by Warner Bros. The broker's teams are actively seeking similar investment opportunities nationwide. For further information or similar opportunities, interested parties can contact the brokers.

Players

Dan Shapiro
11 deals$105.1M volume
BROKER

David Warren
Kassin Sabbagh Realty
27 deals$283.8M volume
BROKER

Josh Rosen
Kassin Sabbagh Realty
2 deals$20.5M volume
BROKER

Details

SOLD
IMAGE: Dan Shapiro, Josh Rosen & David Warren DATE: 02/03/2023 ADDRESS: 2030 East Park Drive Northeast MARKET: Conyers, GA ASSET TYPE: Industrial BUYER: Niantic SELLER: East Side Stageworks BROKERS: Dan Shapiro (@DealJunkie__ ) & Josh Rosen (@JoshMR830) & David Warren (@DavidWarren1) - KSR (@Kassin_Sabbagh_Realty) SALE PRICE: $14,500,000 PPSF: 130,738 ~ PPSF: $111 NOTE FROM BROKER: The property is tenanted by Warner Bros. Our teams continue to expand nationwide. Please contact us for any similar opportunities.

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