OA Development, an acquisition and development firm, purchased two office buildings at Lakeview 400 Office Park in Alpharetta, GA, for $10.4 million, or approximately $77 per square foot. The total sales price came to $11.2 million after closing costs. Sentinel Real Estate Corp. sold the 88 percent leased properties at 2555 and 2575 Westside Parkway.
The first structure at 2555 Westside is a 45,442-square-foot building that was constructed in 1997 on 4.47 acres. The other facility at 2575 Westside is 89,719 square feet on 8.66 acres. The complexes are in the North Fulton/Forsyth County submarket.
Thomas Shafer of Resource Real Estate Partners represented the seller. Eric Singer of Singer & Co. handled the deal for the buyer.
For additional information, please refer to CoStar COMPS #2238573.