Value-Add Investor Makes Move on Atlanta

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New York value-add investor RexxHall Realty has broken into the Atlanta market by purchasing a nine-building portfolio from Alter Group for an undisclosed amount of money. The properties included in the sale are four buildings at Brookside Concourse in Alpharetta and five buildings at Chattahoochee Corners in Norcross. RexxHall reps say that the firm has been eyeing the Atlanta market for a couple of years and found this portfolio sale the perfect opportunity to make a large and immediate impact on the market.

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