TDK Sells in Peachtree City

TDK Electronics Corp., a manufacturer of a variety of electronic components, sold 611 Highway 74 in Peachtree City, GA, to John Tiernan. The building totals 269,000 square feet and sold for $6 million, or approximately $22 per square foot.

The industrial building at 611 Highway 74 was built in 1980 and renovated in 1997. The property is on 34.5 acres and contains 17 loading docks.

Guz Nuzzolese with Sutton & Edwards/TCN Worldwide and Chet Lacy with Richard Bowers and Co./TCN Worldwide represented the seller. The representative for the buyer was not disclosed.

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source: costar.com