2110 Newmarket Parkway Southeast purchased by Benalytics Consulting Group for $3.6 million
Lincoln Property Company Southeast (Lincoln) today announced the sale of 2110 Newmarket Parkway Southeast, a two-story office building located within the Marietta Opportunity Zone. Jeff Henson of Lincoln represented the seller.
The 44,500 -square-foot building in Marietta Technology Center, was sold to Benalytics Consulting Group, LLC., represented by David Dixon of NAI Brannen Goddard. Benalytics Consulting Group provides benefit consulting/administration and commercial insurance services to employers ranging from two to more than 200,000 employees. The company will use the facility as its new corporate headquarters, relocating from its current location at 1850 Parkway Place in Marietta.
“As Cobb County continues to experience explosive growth, Marietta Technology Center offers the prime location, amenities and connectivity employers are seeking,” said Lincoln’s Henson. “In addition to this, it’s located within the Marietta Opportunity Zone, which offers incredible incentives for employers creating new jobs. All of this made 2110 Newmarket Parkway Southeast a great opportunity for the buyer.”
Located near I-285 and I-75, and only 2.5 miles from SunTrust Field and the Battery, 2110 Newmarket Parkway Southeast is situated within one of metro Atlanta’s most dynamic suburban markets with over 30 million square feet of office and retail. The Marietta Opportunity Zone provides a $3,500 tax credit per eligible net new job created. This is available to be claimed for five years with a 10-year carry provision.
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.
