Boxer Properties Buys Northlake Office Park

northlake office

Boxer Properties has closed on Northlake Office Park in the North Fulton submarket. They purchased the asset from a special servicer for $20.8 million. Reps from Boxer said that the property was purchased as a value-add opportunity; the building is currently 50% leased, so increasing the occupancy with be their main objective. Boxer purchased a couple of assets in the Atlanta market last year and appears to continue their hunt, although product insisting coming on the market as readily as it has been in quarters past.

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