In Depth: COMMERCIAL REAL ESTATE
AUGUST 5, 2005
INDUSTRIAL REAL ESTATE
SALE DEALS AT PINNACLE
Solution Property Group LLC has sold two new business distribution buildings at Pinnacle Center. In a user deal, HomeTex, a textile company represented by Nathan Anderson and Bruce Dickman of NAI Brannen/Goddard LLC, purchased a 73,600-square-foot building in the 100-acre development at Interstate 85 and Indian Trail Road in Gwinnett County.
Meanwhile, an investor group that includes Dave Watson of Grubb & Ellis Co. purchased a 65,800-square-foot building at 805 Pinnacle Court.
The group plans to subdivide the facility into 5,600-square-foot for-sale industrial condominiums, Watson said. Eben Hardie represented Solution Property Group on an in-house basis in both transactions.