Triple Net Properties buys Park Central in Atlanta

Triple Net Properties LLC has acquired Park Central in Atlanta, on behalf of tenant-in-common investors, the company announced.

The value of the acquisition, which closed on November 29, was not disclosed.

Park Central is a 10-story office building totaling approximately 212,200 square feet in Atlanta.

The building was built in 1986 and renovated in 2005 and is approximately 10 miles northeast of Atlanta's central business district. The property provides a 785-space parking garage.

At the time of purchase, Park Central was 85 percent occupied by 30 tenants, including Digital Tigers, RLI Insurance and Phoenix Systems.

Triple Net Properties purchased Park Central from Transwestern.

Triple Net is a wholly-owned subsidiary of NNN Realty Advisors Inc., a nationwide commercial real estate asset management and services firm.

"

Real Estate Designers offers totally innovative solutions for your software
development, Internet programming,

real estate web design and hosting needs. Our service includes domain name
registration and real estate web design. Real Estate Designers provides the
complete solution including design, application development and marketing."

Real Estate Designers offers totally innovative solutions for your software development, Internet programming, real estate web design and hosting needs. Our service includes domain name registration and real estate web design. Real Estate Designers provides the complete solution including design, application development and marketing.

source: columbusrealtors.com