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%
