Andrew Webb |
Atlanta, GA
-- Redline Property Partners, the real estate investment and management firm,
announced it has purchased 2 Sun Court, one of the area’s best-located office
properties in Atlanta’sfamed Peachtree Corners submarket.
The purchase
represents Redline’s first investment in Atlanta.As part of the purchase,
Redline has committed to immediately completing significant capitalimprovements
and adding building amenities.
Additionally, Redline intends to re-brand the property
and implement its tailored “concierge style” management platform in order to
better serve the needs of the building’s occupants.
”We are
excited to invest in a market that continues to benefit from employment growth
and long-term opportunities created by the expanding economy,” said Andrew Webb, Redline’s President. “This
transaction signifies our continuing commitment to investing in Atlanta and the
Southeast U.S. markets.”
“Redline’s
trademark hands-on approach enables us to provide tenants with immediate,
positive changes, ” said Webb. “This asset’s value-enhancement potential is an
excellent fit with our strategic investment platform.”
Matt Davis |
With a number of nearby retail amenities and direct access to major transportation arteries, the building maintains superior accessibility and visibility. Its central location allows companies to access multiple talent pools in order to attract and retain employees from all areas of the metro.
The building
includes a 5-story tower, abundant parking and excess land, whichRedline
intends to develop as additional amenity space.
To deliver
the best service possible, Redline has partnered with Grover Corlew for the
property management and has enlisted the services of Matt Davis and Matt Fergus
with Lincoln Property Company for leasing the remaining vacant space.
For more information on this release,
please contact:
Andrew Webb
Redline
Property Partners, LP
2970
Peachtree Road NW, Suite 805
Atlanta, GA
30305, USA
Tel: +1 651 398 2662
Main: (651)
398-2662
info@RedlinePropertyPartners.com
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