Tuesday, December 21, 2010

Duke Realty Sells Druid Chase Office Building

Duke Realty Corporation has sold 6 West Druid Hills, a seven-story, 81,857-square-foot office building in its Druid Chase office park, located at I-85 and North Druid Hills Rd. in the Northlake submarket of metropolitan Atlanta.

Wes Hardy and Chris Brown of Duke Realty represented ownership in the sale.

The buyer was Crawford
Media Services Inc., a provider of creative, turn-key electronic media solutions for television, film and archival clients. The firm was represented in the transaction by Peyton Wimberly, Dean McNaughton, and Peter Glover, all of Cushman & Wakefield of Ga. Inc.

The building was 100 percent vacant at the time of sale. The purchase price was undisclosed.

Owned, leased and managed by Duke Realty since 1968, 6 West Druid Hills was originally marketed for lease to prospective tenants, according to Brown.

"But we knew that with its superior highway access and high visibility, the building could also be ideal for an owner-occupant – so when Crawford expressed serious interest, we made the decision to sell the asset."

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