Midtown Plaza

The institutional Capital Markets Group of Jones Lang LaSalle Americas, Inc. ("JLL") as an exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in Midtown Plaza ("the Property"), two institutional value-add office towers in Atlanta's premier Midtown submarket along the sought-after Peachtree Corridor.

While boasting an unbeatable dynamic live-work-play environment that is inherent to the Peachtree address, Midtown Plaza's key differentiator is convenience - offering the best access in all of Midtown. Strategically positioned along the northernmost node of Midtown's core, the Property benefits from three points of ingress/egress flow directly into Atlanta's primary thoroughfares.

Institutionally developed and maintained, ownership has invested over $15.5 million in capital improvements and leasing costs over the past 5 years alone, creating an urban tenant experience, with a complete in-building amenity set and curated tenant base. Diversified across several industries and profiles, no tenant exceeds more than 5% of the rent roll with an average of 6% annual rollover.

Currently 56% leased across the 506,126 square feet, The Property holds significant value-creation opportunity through strategic lease-up in the energized Midtown market. Positioned amidst an extremely institutional building set along the Peachtree Corridor, Midtown Plaza provides a significant value advantage with a ~25% discount to comparable assets along the Peachtree Corridor (and 75% less than top of market rents). The project has seen a significant surge in leasing velocity, boasting over 130K square feet of leasing velocity since the beginning of 2024 alone.

The Offering presents the rare opportunity to enter the Midtown submarket at a fraction of replacement cost with the opportunity to quickly enhance cash flow and the associated capitalized value of the Asset.