1168 Great Oaks Way, Alpharetta, GA 30022
Royal Ridge is a 160,539 square foot Class A office project located in Alpharetta, Georgia, one of Atlanta’s most affluent suburbs. The property sits on a 13.2-acre site, which was developed by Childress Klein Properties in 2001. Royal Ridge is part of Royal 400, a 340-acre master-planned office park. In the mid-1990s, Alpharetta became one of Atlanta’s fastest growing suburbs. The development of the Royal 400 Office Park made Alpharetta one of Atlanta’s more prominent and convenient office locations. Royal 400 is comprised of eight Class A office buildings totaling 1.3 million square feet.
The Property has direct access to North Point Parkway, Alpharetta’s main retail corridor, featuring nearly three million square feet of retail shops and restaurants. Royal Ridge is also located in close proximity to the Old Milton Parkway exit off GA 400, a major (north/south) state route that connects Alpharetta and North Fulton County to most of the Atlanta Metropolitan Area via I-285, I-75 and I-85.
Investment at a Glance
Location: Alpharetta, GA
Property Type: Class A Office
Acquisition Date: June 21, 2007
Purchase Price: $33,000,000
No. of Buildings: 1
Square Footage: 160,539 SF
Leased Percentage (at the time of Acquisition): 96%