Loan Sale Opportunity | $37.2 Million Class-A Office Park | Atlanta MSA
23,501 m²
Jones Lang LaSalle Americas, Inc (“JLL”), as an exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in Northcreek (“the Asset”), an energized four-building neighborhood office park located in the most affluent demographic pocket of Atlanta, at the confluence of West Paces Ferry, Northside Drive, and I-75.
Currently 72% leased with 4 years of weighted average lease term remaining, Northcreek is a light-value-add investment opportunity primed to drive significant revenue through continued leasing and increasing rental rates. Exciting and newly delivered on-site retail offerings, including Little Rey, Bent Fork Tavern, the Daily, and PACE Fitness, will complement existing and adjacent Whole Foods and Publix anchored shopping centers. The new retail deliveries introduce a true mixed-use environment at Northcreek and provide the opportunity for significant value appreciation for the new investor.