Atlanta, GA


Brookside Concourse was an opportunity to acquire a park-like setting encompassing four single-story office buildings in the heart of the North Fulton submarket. North Fulton is known as the center for technology growth in Atlanta metro due to its unparalleled IT infrastructure. There was a limited amount of single-story office product in that location, and the rising land values on any remaining parcels all but dictated that little, if any, similar product will likely be built in this coveted location. Many companies, and technology companies in particular, have been drawn to this single-story product due to its ease of access, operating efficiencies and lower expense load. The project had one remaining vacancy which has now been filled, and the pre-recession rents were below market, allowing for capital appreciation through renewal rental increases. Walkable amenities including health clubs, restaurants and day care facilities add to the value proposition of this location for tenants.