Lincoln Property Company Southeast Closes Sale of Norcross Business Park

5/14/20

Lincoln Property Company Southeast (Lincoln) has arranged the sale of 2975 Northwoods Parkway located within Northwoods Business Park in Norcross, Ga. Lincoln’s Chip Sipple and Jeff Henson represented the seller in the transaction.

Located in Peachtree Corners, just off Peachtree Industrial Boulevard, 2975 Northwoods Parkway features 86,000 square feet of renovated office and flex space, situated within a 15-acre setting.

“The Norcross market continues to experience rapid growth, presenting a prime investment opportunity for buyers,” said Lincoln’s Sipple. “With long-term tenancy and a strategic location, 2975 Northwoods Parkway will continue to be an attractive asset in the future.”

The building is currently occupied by Diversified for a new seven-year lease term, with option for renewal. The company is an industry leading technology solutions provider delivering innovative digital media, collaborative broadcasting, electronic security and OTT solutions to global clientele across a wide array of markets.

About Lincoln Property Company

Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, with over 8,550 employees and an international footprint that includes offices in 450 cities across the United States and two offices in Europe. Since its inception in 1965, Lincoln has developed over 239 million square feet of office, industrial, and retail projects as well as 216,000 apartment units. Stemming from its development and ownership background, Lincoln's operating platform seamlessly integrates its various service lines, provides for consistent and measurable performance and utilizes cutting-edge technology over its 400+ million square feet of leased and managed assets. For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com.

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