Wednesday, February 13, 2013

Nightingale Properties Acquires One Hartsfield Centre in Atlanta, GA


  
One Hartsfield Centre
Atlanta, GA
 ATLANTA, GA [Feb. 13, 2013] -- Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced it has brokered the sale of One Hartsfield Centre, a Class-A office building overlooking the north end of Hartsfield-Jackson Atlanta International Airport.

 Nightingale Properties acquired the eight-story, 147,731-square-foot building from a large European pension fund, which was represented in the sale by Cassidy Turley Senior Managing Director Mike Shelly and Associate Vice President Sonia Winfield. 

New York-based Nightingale paid $10 million, or approximately $68 per square foot, for the building.

Sonia Winfield
 Cassidy Turley brought One Hartsfield Centre to the sales market in mid-2012 and since then, the firm has increased the building’s occupancy. 

Cassidy Turley represented the seller in a long-term lease of a full floor Triumph Motorcycles, which is moving its North American headquarters to the building.

 “We were excited be a part of the sale of this quality asset,” Shelly said. “As one of few Class A office buildings with such close proximity to the airport, One Hartsfield Centre attracted a lot of interest in the marketplace.”

Mike Shelly
 Cassidy Turley has represented the pension fund for more than 10 years. “We had success attracting new tenants to Hartsfield Centre and now have successfully completed the disposition of the property for our client,” Winfield added.

One Hartsfield Centre is the second office building Nightingale Properties, based in New York, has purchased in the Atlanta area. The investor also owns retail centers in metro Atlanta.



 Contact:

Tony Wilbert
The Wilbert Group
404-965-5022

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