100 Research Drive Has 3 Lease Comps and 1 Sales Transaction
100 Research Drive is a Class B industrial property. It was built in 1987, spans one story, and is 103,370 square feet. According to CompStak, there are 3 lease comps and 1 recorded sales transaction for this property. CompStak was founded by Michael Mandel, who has raised over $17 million. The company currently has a 45-person team, and is available in over 70 major markets.
GCP Applied Technologies leases lab space at 100 Research Drive
Atlanta-based Martignetti Real Estate recently announced the leasing of 38,615 square feet of lab space to GCP Applied Technologies. The company has relocated from Cambridge, Massachusetts, and plans to establish a world-class global research and development center at 100 Research Drive.
Class B industrial building
Located in the Biotech Park Area, 100 Research Drive is a Class B industrial building that was constructed in 1994. Its total square footage is 555,000 square feet. It is one of only two Class B industrial buildings in the area. In all, the area has 31 commercial properties – 14 of which are industrial buildings.
These buildings are typically older than Class A buildings but still have good tenants and management. Investors often focus on Class B properties that are located in good locations and could be restored to Class A status with a renovation. They are a safe, stable asset that can be used to create a new business.
CompStak has 3 lease comps for 100 Research Drive
If you’re in the market for office space, you can check out CompStak’s data to see which tenants have a good track record. The company has been providing commercial lease and sales comp data since 2012. Their data is crowdsourced from more than 20 thousand verified professionals, making it one of the most reliable resources for comparables. CompStak is free for professionals in the commercial real estate brokerage and appraisal industries, and other professionals can subscribe to their Enterprise service.
CompStak’s database includes more than two billion square feet and 80 thousand buildings. It also offers data on more than four billion leases. CompStak has a growing list of clients, including some major real estate companies. Its free service helps commercial real estate professionals find the best deals and negotiate the best terms.
CompStak is a nationwide provider of commercial real estate lease comps and sales comps. Recently, the company announced new data integrations with RealPage, a leading global provider of real estate software. These new partnerships will enable CompStak customers to gain access to RealPage data for the multifamily housing market. The company said that this is a win for its customers.