Focus Brands headquarters in Sandy Springs sells for $18 million

The corporate headquarters for Atlanta restaurant franchisor Focus Brands Inc. has sold for $18.3 million.

Crossgate Partners bought the 63,049-square-foot building in Sandy Springs.

 

The seller was MidCity Real Estate Partners, the Atlanta real estate company that five years ago took a chance and purchased the former Crawford & Co. headquarters building when it was completely vacant. Two years later, MidCity struck a big lease with Focus Brands, the franchisor and operator of more than 5,000 stores in 60 countries.

 

Gary Lee, with Marcus & Millichap, brokered the sale of the building, which is part of the Glenridge Springs mixed-use development at Glenridge Drive and Interstate 285.

 

To see the original article in the Atlanta Business Chronicle: Click here