The Collective at Concourse_Property for Sale
The Collective at Concourse_Property for Sale

The Collective at Concourse

Atlanta, GA, US, Americas

Description

Jones Lang LaSalle (JLL), as exclusive advisor, presents the opportunity to acquire The Collective at Concourse - 1 Concourse Parkway (295,760 SF, built 1984), 2 Concourse Parkway (306,560 SF, built 1986), and 4 Concourse Parkway (162,329 SF, built 1984) - a three-building, Class A office campus totaling 764,649 SF in Atlanta's Central Perimeter submarket. Currently 62% leased with a 5.5-year weighted average lease term, the offering pairs durable in-place cash flow with a significant value-add opportunity through lease-up of five full-floor vacancies across the complex.


The Project is anchored by long-tenured, high-credit tenants, led by U.S. Bank (16.7% of GLA, A+ S&P rated) and Deluxe (B+ S&P rated), alongside First Advantage and Navy Federal Credit Union ($173B in member deposits). In aggregate, Investment-grade and Fortune 1,000 companies make up 60% of the overall income.


Recent leasing activity underscores the complex's momentum. The Collective at Concourse has executed 100,311 SF - 13% of GLA - in new leases, expansions, and renewals over the past year, including new deals with Candescent, RockEd, Deluxe, and an expansion from U.S. Bank. Tenants benefit from Concourse's walkable, mixed-use environment - anchored by Lifetime Fitness, the 372-key Westin hotel, and the King & Queen Office buildings.


Additional potential upside exists in a 5.114-acre parcel directly east of 4 Concourse Parkway, zoned PX-20/35 for several commercial uses including multifamily densification.


The Collective at Concourse represents a significant value-add opportunity to acquire the most recognizable office address in Atlanta's suburbs - combining a stabilized in-place tenant base with meaningful upside through lease-up, repositioning, and future development.

...

Attributes

Building area gross
71,047 m²
Occupancy
62%
WAULT
5.5 years
Buildings
3
Vintage
1984 / 1986
The Collective at Concourse (3 Properties)
The Collective at Concourse (3 Properties)

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Investment Highlights

  1. The Brand: Significant Value Add Opportunity at the Most Recognizable Name in Atlanta's Perimeter - Concourse
  2. The Tenancy: Long WALT | High Credit Tenants
  3. The Fundamentals: Substantial Leasing Momentum
  4. The Amenities: Dynamic Mixed-Use Environment
  5. The Opportunity: Densification Opportunity
  6. The Access: Best in Class Access at the Artery of Central Perimeter
The Collective at Concourse 4_Property for Sale
The Collective at Concourse 4_Property for Sale

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Last updated Sep 30, 2026