SugarOak Announces Acquisition of Spalding Exchange Office Park in Norcross, GA

Herndon, VA - October 26, 2011 - SugarOak, a Virginia based owner/developer of commercial properties, announced the acquisition of the Spalding Exchange Office Park, 55,000 sq ft, in Norcross, Georgia.

Spalding Exchange is located off of Holcomb Bridge and is comprised of eight separate, Williamsburg style buildings. 

“We see tremendous upside potential for Spalding Exchange” said John MacDonell, asset manager for SugarOak. “We will move aggressively to revitalize the property and are confident it can once again be one of the premier office parks within the area.”

SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the U.S. and Canada.