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Jones Lang LaSalle Americas, Inc. (JLL) is pleased to present the opportunity to acquire The Peachtree Corners Collection, a three building Collection of suburban office buildings totaling 302,201 square feet. It is strategically located in one of Atlanta’s most dynamic office submarkets at mid-year 2020 – Peachtree Corners. Built between 1986 and 1997, the property is a highly unique value-add opportunity to acquire a collection of buildings with diverse profiles - one fully stabilized, one value-add and one fully vacant and poised to capture the momentum and tenant demand gravitating to highly amenitized suburban nodes, such as the immediate area which includes The Forum and Peachtree Corners Town Center. In addition to considering offers on the collection, the owner would consider individual offers for any building or combinations of buildings.
Anchored by CarMax (25% of the property/Feb-30 expiration), the property offers diversification across a number of growth industries including technology, financial services, law and marketing, further mitigating risk to any single industry. The immediate area is undergoing a transformation into a vibrant and rapidly redeveloping close-in suburban community. Additionally, Peachtree Corners is at the epicenter of a technological evolution in experimental IoT (Internet of Things) technology in the metro region. With mid-year net absorption figures for Peachtree Corners trailing only Midtown Atlanta (as a percentage of inventory), the assets are positioned to appeal to tenants favoring suburban office environments adjacent or near mixed-use amenities serving as the center of its respective community.
- Peachtree Corners Resurgence and a renewed interest in suburban assets
- Growing amenity base & corridor connected by the Peachtree Corners Trail System
- Dynamic location & accessibility off I-285 and I-85
- Ideal access to talented workforce & affluent demographics