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Pennant Park
Asset ClassOffice
# Buildings6
Square Feet: 763,393Occupancy: 83%Weighted Average Lease Term: 5.9 YearsAccess Data Room
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Overview

Cushman & Wakefield is pleased to present PENNANT PARK (the “Property”), a 6-building, 763,393 square-foot office park located in Atlanta’s Cumberland/ Galleria submarket. At 83% leased with 5.9 years of average remaining term, the Property provides investors a unique investment opportunity with the optimal blend of stability and upside. The Offering is comprised of two adjacent components — Pennant Commons and Pennant View — both within walking distance of the Battery with flexibility for future upside, including potential densification and redevelopment opportunities.

 

Since 2017, Pennant Park has been the beneficiary of an extensive capital expenditure and repositioning program totaling $20.5 million. The Property features modern renovations and urban buildouts including collaborative, multi-media lobbies and robust on-site amenities including upgraded communal plazas giving tenants numerous options for collaborative work environments and recreational offerings. Additionally, Pennant Park offers efficient floor plates, abundant parking, an urbanizing location with walkable amenities, and an excellent value alternative in a quickly rising Class A rental rate environment. The Property is easily accessible from multiple entry points that connect to major Atlanta arteries including I-75 and I-285.

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320 Interstate N PkwyAtlanta, GA 30339
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Listing provided by Revere CRE