
River East Center
1515 SE Water Ave, Portland, OR 97214
99,999 sf
Jones Lang LaSalle Americas, Inc (JLL) is pleased to offer the opportunity to acquire the 230 Peachtree office component, a unique value add project situated in the heart of Downtown Atlanta. Designed and developed by John Portman in 1965, 230 Peachtree is 18 floors of office space totaling 280,084 square feet and benefits from a vertical mixed use setting with a 206 room Hotel Indigo (not a part) below the office building.
The office component is 60% occupied creating the ability to drive revenue through increased occupancy. The unique mixed use nature of the Property creates a clear competitive advantage for 230 Peachtree. The Hotel Indigo offers amenities including a restaurant and bar, conference facility and gym. In addition to the in-building amenities, 230 Peachtree boasts dozens of walkable retail, living, and hospitality options with direct access to the Peachtree Center MARTA Station and central Atlanta highway corridors. The diverse existing office tenancy is 47% investment grade credit and includes numerous “sticky” tenants with long tenures at the building.