Carter Marketing Atlanta Technology Center For Sale

ATLANTA (June 1, 2011) – Carter was recently hired to sell Atlanta Technology Center, an office complex on Northside Drive less than a mile from Atlantic Station.

ATCaerial The 19-acre property has four buildings containing a total of 197,357 square feet of office space. The office space has an average historic occupancy of 94 percent. The tenant roster includes several high-profile creditworthy companies such as GE Healthcare, Golin Harris, Grady Memorial Hospital, The Atlanta Opera, Davita, Otis and Vitas Healthcare.

The property is entitled for future residential and commercial development. As intown living continues to grow in popularity, Atlanta Technology Center’s ability to accommodate a mix of uses is becoming more valuable.

The Carter team of Gary Lee, Watson Bryant and Morgan Stengel is marketing Atlanta Technology Center on behalf of the LeCraw family, a regional apartment developer that operates as Tribridge Residential. ATC-exterior-building

Built in 1986, Atlanta Technology Center is situated along the old Atlanta railway, which was classified as an Atlanta Beltline Overlay District in 2005. With the $2.8 billion mixed-use Beltline development planned along the historic rail line, the Atlanta Technology Center property is positioned to benefit from the light-rail station planned at the northwest corner of the property.

“We expect a lot of interest in this listing,” said Lee, senior vice president of Carter. “The property is centrally located near Midtown and Buckhead neighborhoods with easy access to the interstate. In addition, the property comprises income-producing buildings and land for future development.”

 

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