1055 & 1057 Lenox Park

The Capital Market Group of Jones Lang LaSalle, Inc. “JLL” is pleased to announce the opportunity to acquire the fee simple interest in 1055 and 1057 Lenox Park (the “Assets”) - a two pack of Class A office buildings in Atlanta’s Buckhead submarket with long term, landlord-friendly NNN leases.

The Assets are home to AT&T Mobility headquarters and benefit from a fresh, long-term triple net lease to BBB+ credit. Current ownership has invested significant capital into the Assets by activating the central courtyard, executing on a new tenant amenity center, and contributing Tenant Improvement allowance for best-in-class buildouts; the Tenant will also contribute meaningful capital for interior renovations.

The Assets are expected to trade significantly beneath replication cost, which are approaching $725+ PSF today. 1055 and 1057 Lenox Park provide investors an entry point into the highly competitive Buckhead submarket while also presenting a unique opportunity to earn an outsized yield from a long-term credit tenant lease.