Welcome Group Expands Outside of Texas With Two Acquisitions in Georgia
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HOUSTON, April 22, 2021 /PRNewswire/ -- Welcome Group, LLC has turned the old adage to "go west young man" on its head by heading east to acquire two commercial properties in Georgia. These two acquisitions mark Houston-based Welcome Group's first purchases outside the state of Texas.
In recent weeks, the Welcome Group closed on the purchases of:
The Shaw-Almex facility in Decatur, GA. This is a single-tenant industrial/office building that was built in 1984 and expanded upon in 1996. The property totals approximately 135,000 square feet on nearly 15 acres. Welcome Group purchased the 100%-leased Shaw-Almex property for a price of $8,900,000 ($65.66/SF).