River East Center
1515 SE Water Ave, Portland, OR 97214
9,290 平方米
The Institutional Capital Markets Group of Jones Lang LaSalle, Inc. (“JLL”), as an exclusive advisor, is pleased to present the opportunity to acquire Piedmont Center, a 14-building, 2.2 million square foot, 46 acre office campus located in Atlanta’s highest demographic submarket of Buckhead. The offering represents a generational opportunity to control a prominent position in the Buckhead office market with significant in-place cash flows and highly flexible business plan optionality.
Located on Piedmont Road with direct access to the GA-400, MARTA and, the Peachtree / Piedmont Corridor, Piedmont Center benefits from an unparalleled base of F&B, retail, and hospitality. Further, Piedmont Center has direct access to some of Atlanta’s highest demographic neighborhoods in Buckhead.
Currently 63% leased with 4.1 years of weighted average lease term remaining, the entire 46 acre site is included in Buckhead’s SPI-12 SA-4 zoning designation. This unique zoning designation was amended to include Piedmont Center in 2020 and allows the next investor the ability to reimagine the campus setting with a mix of commercial and residential uses. Piedmont Center represents a generational opportunity for an entry into the Atlanta market with a large site, flexible zoning and meaningful in-place cash flows.