Past Investment
4177 Northeast Expressway
Doraville, GA
Building Type: Multi-Tenant Industrial Property
Building Size: 91,500 sq. ft.
Building Type: Multi-Tenant Industrial Property
Building Size: 91,500 sq. ft.
Project Overview
The Perimeter Properties portfolio was purchased in the Spring of 2005. The investment totaled 91,500 square feet and consisted of two multi-tenant industrial properties and one 12,500 square foot vacant office building purchased out of bankruptcy.
CRE Holdings made significant renovations to the vacant office building at 4177 Northeast Expressway while making minor renovations to the two industrial properties. CRE Holdings sold the vacant office building in the Spring of 2007. Based on a weighted average CRE Holdings achieved a 29% return on equity for its investors from the sale of 4177 Northeast Expressway.
Permanent debt was placed on the two industrial buildings.
Partner With Us
CRE Holdings open to partnering with family offices, high-net-worth individuals, and institutional capital sources, to complement their current stable of movement partners, seeking exposure to Southeast industrial real estate through a disciplined, owner-operator roll up your sleeves hands on approach.