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Lawrenceville, Ga. — SRS Real Estate Partners has arranged the $5.3 million sale of a freestanding building leased to Crunch Fitness in Lawrenceville, located 34 miles northeast of Atlanta.
The 22,000-square-foot property opened in March and is triple-net-leased to Crunch Fitness for 12.5 years. Matthew Mousavi and Patrick Luther of SRS arranged the transaction on behalf of the seller, a local developer, and procured the buyer, a public REIT.