July 31, 2000
by Michael Boland
The Margolias Realty Group has purchased the 50,000-square-foot office building at 4830 River Green Parkway in Duluth from the Hawkins Cos. The acquisition was part of a $14.5 million deal involving two other sites, a 100,000-square-foot warehouse in Columbia, SC occupied by Michelin, and an 83,000-square- foot call center occupied by Ford Motor Credit Corp. The purchase was a result of Margolias Realty Group re-investing part of the $22 million received earlier this year from the sale of 5 business parks in Gwinnett and Dekalb counties.
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