Lincoln Property Company Southeast (Lincoln) has arranged the $1.05 million acquisition of 1310 Capital Circle, a 16,000-square-foot industrial property located in Lawrenceville, Georgia. Jeff Henson of Lincoln represented the buyer, Kevin Jang, in the transaction, and Kevin Mitchell with Benchmark Commercial represented the seller.

In addition to the building, Henson also arranged Jang’s purchase of the 1.97 acres of land adjacent to the property at 1330 Capital Circle for $205,000. Will Grogan of Lavista Associates Inc. represented the seller of the land.

“There’s a shortage of good quality owner/user buildings in Gwinnett County right now,” Henson said. “Business are becoming more flexible in terms of their location, and Lawrenceville offers plenty of opportunity for growth. “

The freestanding industrial building is located near state Route 316 and Sugarloaf Parkway. Features of the property include 18-foot ceilings, 3,120 square feet of office space, two dock high doors, one grade level door and a covered dock platform.

About Lincoln Property Company

Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, employing over 6,800 people in 32 states and 10 countries in Europe. Since its inception in 1965, Lincoln has developed over 250 million square feet of office, industrial, and retail projects as well as 209,000 apartment units. Stemming from its development and ownership background, Lincoln's operating platform seamlessly integrates its various service lines, provides for consistent and measureable performance and utilizes cutting-edge technology over its 350+ million square feet of managed assets.

For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com. To check out the blog, go towww.lpcsoutheast.com/blog.