Cook of NAI/J.L. Davis Realty sells 20,000 s/f whse./office bldg. - $1.61m

Averill Cook of NAI/J.L. Davis Realty sold a 20,000 s/f flex warehouse/office at 3 Green Tree Dr. in the Green Tree Industrial Park to Neatec LLC. The seller is Joe and Linda Baciagalupo. Cook was the listing and selling agent in the $1.615 million transaction. The 100% occupied building, which contains 16,000 s/f of warehouse space and 4,000 s/f of office space, is situated on a 2.14 acre parcel. The buyer is a construction company that purchased the building for their headquarters and will occupy the building by the fall. A short term 6 month lease-back is in place.