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PEGH Investments, LLC PURCHASES CONCORD INCOME PROPERTY FOR $4,500,000
Walters Commercial Real Estate Services, LLC is pleased to announce the sale of a 28,628 square foot income property in Concord Airport Business Park to PEGH Investments, LLC for $4,500,000. The single-tenant office building, located at 7025 Northwinds Drive NW in Concord, is leased in its entirety by Fortiline Waterworks for the next 11 years and serves as their corporate headquarters. The sale closed on August 22, 2016.
PEGH Investments, LLC was represented by Brad Grow of Colliers International and the seller Mainline Realty, LLC was represented by Norman Walters of Walters Commercial Real Estate Services, LLC.