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  • Success Story: 5720 Peachtree

    Jul 12, 2018

    Success Story: 5720 Peachtree

    SALE PRICE: $3,900,000
    The success story of this sale illustrates the tremendous value that can be realized through the competitive bidding generated by our Classic Sale Events. The 58,000+ SF office property had been fully vacant for over 2 years at the time of sale, however the investment sales broker highlighted the asset’s strong upside and value-add potential due to its strong location during the marketing process - prominent visibility on a highly trafficked road, an improving submarket, excellent access to both residential and urban neighborhoods, and limited land for future competitive development. The marketing campaign along with a strong focus and push to get investors registered to bid with the help of the energetic RealINSIGHT Marketplace team resulted in a whopping 26 registered bidders, leading to lively, competitive bidding, ultimately propelling the pricing well beyond the Seller’s highest expectations.