SOLD

Powers Ferry Landing East

6190 Powers Ferry Road, Atlanta, GA 30339

Property Overview

Powers Ferry Landing East is a collection of three six-story office buildings  situated on approximately 23 acres. The property is well located along one of the most affluent residential corridors in Atlanta, which stretches from the heart of Buckhead North to Sandy Springs along the eastern banks of the Chattahoochee River National Recreation Area.

Due to the strong development boundaries posed by the river and the established surrounding neighborhoods, Powers Ferry Landing East offers an ideal infill location with a highly constrained land supply.

Investment at a Glance

Location: Atlanta, GA

Property Type: Class B Office

Acquisition Date: September 24, 2012

Purchase Price: $17,000,000

Sale Date: October 31, 2013

Sale Price: $18,540,000

No. of Buildings Sold: 2 of 3

No. of Buildings: 3

No. of Stories: 6

Square Footage: 393,502 SF

Leased Percentage (at the time of Acquisition): 32%

$17,000,000 Total Purchase Price
149,324 square feet Total Rentable Area
Class B Building Class