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Jun

19

Suburban Atlanta Office Portfolio Trades for $47M

By Tony Seruga

TerraCap Management selected Lincoln Property Co. to spearhead leasing efforts, while Crocker Partners will remain in place for property management of the assets.

TerraCap Management LLC acquired a three-building, Class A office portfolio in Alpharetta, Ga., totaling 336,000 rentable square feet. Deerfield Point and Windward Pointe commanded $47 million.

Located at 12725 and 12735 Morris Road, Deerfield Point consists of a pair of four-story buildings totaling more than 208,000 square feet. Built between 1998 and 2001, the property features a fitness center, a parking ratio of four spaces per 1,000 square feet and walkable nearby amenities…

Suburban Atlanta Office Portfolio Trades for $47M

Categories : Commercial Real Estate, Finance

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