Northridge Center I & II

365 & 375 Northridge Road, Atlanta, GA 30350

Property Overview

Northridge Center I and II consist of two Class A office buildings.  The buildings have a typical office layout with elevators in the central core and office space to the exterior. The property is improved with both surface and garage parking with a total of 724 parking spaces and an average parking ratio of 3.84 spaces per 1,000 square feet of net rentable area. Northridge II building amenities include a 1,973-square-foot fitness area and Café Northridge (878 square feet).

Investment at a Glance

Location: Atlanta, GA

Property Type: Class A Office

Investment Type: Non-Performing First Mortgage

Acquisition Date: December 8, 2010

Purchase Price: $7,100,000

No. of Buildings: 2

No. of Stories: 4 and 6

Square Footage: 188,509 SF

Year Built: 1985, 1989

Leased Percentage (at the time of Acquisition): 40%

$7,100,000 Total Purchase Price
188,509 square feet Total Rentable Area
Class A Building Class