Interfor to Peachtree City
Colliers' Andrew Waguespack and Craig Mendel recently teamed up to help Interfor establish its Atlanta SE regional HQ. The $1B company—which recently acquired Tolleson Lumber Co in Perry—inked a deal for 12k SF at 700 Westpark Dr in Peachtree City, which'll serve the company's management, sales, accounting, admin, and IT departments. (If Andrew and Craig bring a couple of more brokers in on their deals, perhaps they could become real estate's version of The Justice League.)
Speaking of Colliers, colleagues Dennis Mitchell and Matt Wirth helped Atlanta Property Group and Cigna sell off nearly 800k SF of industrial properties here. The duo brokered the sale of APG's 1001 Cherry Dr, a 456k SF distribution center in Braselton for $12.8M to an undisclosed buyer. Cigna's portfolio consisted of 200 and 560 Wharton Cir, as well as warehouses at 4780 and 4782 Bakers Ferry Rd, which traded for a total of $4.6M. (That big green lawn suddenly put us in the mood for a round. Anyone want to play hooky today?)
