CBRE CAPITAL MARKETS
CBRE's Atlanta Institutional Properties Group is proud to announce the sale of Northridge Commons, a centrally located business park consisting of seven single-story office assets in north Atlanta. Leveraging the demand for comparable repositioned assets offering a fresh and functional setting with easy accessibility, the seller, Stockbridge had successful repositioned two of the buildings. Since the conversion of the first building in 2017, more than 240k SF of leasing was secured, including nearly 110k SF of new tenant commitments.

Seeking to continue this momentum and complete the stabilization of the property, The Dilweg Companies acquired the property, adding to its portfolio of 2.2 MSF in Atlanta and 6.2 MSF throughout the Southeast.

For more information about this transaction, or if we can help you with any of your institutional office needs, please don’t hesitate to reach out.
For more information, please contact:
Justin Parsonnet
EVP
+1 404 923 1483
 
Ryan Reethof
Senior Associate
+1 404 504 0031
 
Jay O'Meara
EVP
+1 404 923 1229
 
Will Yowell
Vice Chairman
+1 404 923 1475
 
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