Collision Course

An old  Tom Jumper  service center, which was in receivership, sold for $3.6 million, to Manfred Kammerer (right), who will open his eighth Classic Collision dealership in the Sandy Springs location. Posing in front of the 93K SF property with Manfred (a former pro soccer player in Germany) is Transwestern's Kevin Markwordt, the broker who repped the seller, Glass Ratner Management & Realty Advisors. Kevin stresses brokers must work harder these days to sell properties, especially distressed ones. He hand-delivered the service center brochure to every car dealership in Atlanta—eventually leading to the deal. Kevin also is marketing the old Tom Jumper dealership (price: $7.3 million). And he recently repped the owner in the sale of two office parks in Norcross (Crossings Center IV and Crossings Center VI), also distressed.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030