2140 Peachtree
2140 Peachtree Road
Atlanta 30309
Team:
Rule Joy Trammell Rubio, Niles Bolton, MSTSD
Status:
Sold entitled land to Grayco Partners (2.1 acres)
Sold/Recapitalized with internal partners (3.3 acres and 46K SF of improvements)
Circumstances
69K SF of retail and medical space, surface parked, on 5.4 acres in Buckhead within Atlanta’s Beltline Overlay District.
Results
Rezoned 2.1 acres, formed a tri-party land condominium, amended Houston's parking agreement and lease, carefully demolished 23K SF and relocated tenants to the remaining income-producing building, sold 2.1 acres, designed future development plan and potential assemblage for remaining 3.3-acre site.
PROJECT PROGRAM
248
Multi-family residences
47K
SF of retail and healthcare