Friday, April 16, 2010

Lavista Associates, Inc. Reports Four Recent Sales of REO Properties

NORCROSS - Lavista Associates, the Atlanta firm that ranks as one of the top commercial brokerage companies in the southeast, recently closed on four REO property sales in Dawsonville, Cumming, Suwanee and Alpharetta.

Lavista associate Scott Clayton represented State Bank & Trust in the sale of a 20,000 square foot industrial building at 243 Stowers Rd. in Dawsonville.

Associate Austin Chase sold a 17,280 square foot freestanding office building at 101 Colony Park Drive in Cumming representing Excel Federal Credit Union and also brokered the sale of a 5,900 square foot office building at 41 Milton Ave. in Alpharetta, for State Bank & Trust.

Associates John Cape and Kirven Brantley represented Westside Bank in the disposition of a 9,000 square foot office building in Satellite Park at Huntcrest in Suwanee.

Tom Davenport, President of Lavista Associates, said 2010 marks the year when lender-controlled commercial properties have begun to sell again.

“Lavista projects this activity will steadily continue as users recognize unprecedented opportunities to acquire properties at historically low prices,” Davenport said.

For more information, contact:
Kimberly Steele, Lavista Associates, Inc. 770-729-2824; ksteele@lavista.com; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

About Lavista Associates, Inc.:
Serving Atlanta for over 37 years, Lavista Associates, Inc. is one of metro Atlanta’s leading commercial real estate companies, representing clients in the sale and leasing of a broad spectrum of commercial, industrial, office and retail properties. The firm’s goal is excellence of service to its clients resulting in the highest value for their real estate holdings.

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