125K-SF Decatur Office Complex Trades for $18.6M
Parmenter Realty Partners and Wellings Capital bought a six-story office building at 160 Clairemont Ave., which is a few blocks north of Decatur Square. The Atlanta Business Chronicle reports the joint venture paid $18.6 million to TerraCap Management. Acquisition financing was…
Parmenter Realty Partners and Wellings Capital bought a six-story office building at 160 Clairemont Ave., which is a few blocks north of Decatur Square. The Atlanta Business Chronicle reports the joint venture paid $18.6 million to TerraCap Management. Acquisition financing was…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate transaction involving a mid-sized office building with no novel financing or market-impacting elements, thus it holds minimal significance for credit-market professionals.
Sources
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125K-SF Decatur Office Complex Trades for $18.6M
Parmenter Realty Partners and Wellings Capital bought a six-story office building at 160 Clairemont Ave., which is a few blocks north of Decatur Square. The Atlanta Business Chronicle reports the joint venture paid $18.6 million to TerraCap Management. Acquisition financing was…