Lincoln Property Company Southeast Arranges Sale of Kennesaw Office, Warehouse Property

10/23/20

Lincoln Property Company Southeast (Lincoln) has negotiated the $2,675,000 sale of 1945 Vaughn Road, a 27,800-square-foot, single-tenant office and warehouse building located within the Kennesaw, Ga. submarket. Lincoln’s Jeff Henson executed the sale on behalf of the seller, C9SL Properties, LLC.

Built in 1992 and renovated in 2018, the flex property sits on nearly five acres of space within the Barrett Business Park, a 1,000-acre master planned multi-use development.

“As the Kennesaw/Marietta market continues to be amongst the strongest performing in the metro area, the investment opportunities have increased greatly,” said Lincoln’s Henson. “1945 Vaughn is yet another exemplary, single-tenant asset within the market and will bring another valuable addition to Icon’s growing portfolio.”

1945 Vaughn offers easy access to I-75 and I-575, as well as Cobb Parkway. The surrounding Kennesaw market features a prospering central business district as well as first-rate amenities including parks, greenspaces and trails, including the Noonday Creek Trail, located adjacent to the property.

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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