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| Terminus 100 and Terminus 200 office towers, Buckhead, GA |
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| Richard Reid |
ATLANTA, GA – JLL announced that, on behalf of institutional investors advised by J.P. Morgan Asset Management, it has advised on the sale of an interest in Terminus 100 and 200, which had a total transaction value of $503 million.
The two Class A office buildings total more than 1.2 million square feet of LEED Silver-certified office space and 86,000 square feet of ground-floor retail in Atlanta’s Buckhead submarket.
The JLL Capital Markets team representing the seller was led by Senior Managing Directors Richard Reid and Ryan Clutter and Managing Directors Huston Green and Ralph Smalley.
Standing at 27 stories at 3280 Peachtree Road, the 656,000-square-foot Terminus 100 was completed in 2007 as the first tower at the mixed-use Terminus project.
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| Ryan Clutter |
The 25-story Terminus 200, which houses 565,000 square feet, was completed in 2009 and is located at 3333 Piedmont Road Northeast.
The buildings and grounds include designated parking structures with valet parking; the Gallery Walk at Terminus, which is a series of ongoing exhibitions that rotate every quarter; and The Commons, which houses retail, restaurant and service tenants.
Located in the heart of Buckhead where Peachtree and Piedmont streets intersect, Terminus is on the Buckhead Loop with excellent access to Georgia 400.
A MARTA station and more than 15 hotels, 100 retailers, 50 restaurants 25 specialty retailers and about 5,000 residential units are all within walking distance of the project.
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| Ralph Smalley |
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization.
The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
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| Huston Green |
Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.
Contact:
Kimberly Steele, JLL Digital Content/PR Specialist
Phone: +713 852-3420
Email: Kimberly.Steele@am.jll.com
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