OA Development Sells The Lonza Building


OA Development has sold “The Lonza Building” in the North Fulton submarket for an undisclosed amount. The buyer was New York-based net lease REIT American Capital Realty Partners. The 93,963 SF research & development facility is fully leased by Lonza America, who invested more than $11 million in the facility to build it out to meet their requirements; Lonza’s lease expires in 2025.


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