Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire the fee simple interest in 1, 8, 11, and 12 Corporate Square, a unique 4 building office project within the greater Corporate Square Building Park, “The Properties.” Located at the intersection of I-85 and North Druid Hills Road, the Properties are comprised of 378,455 square feet on approximately 16.5 acres of land.
Built between 1970 and 2000, Corporate Square was previously one of the Center for Disease Control and Prevention’s Atlanta campuses. While still the sole tenant of the project, they have consolidated into 11 Corporate Square with term through 2033. The project has excellent access to major Atlanta thoroughfares including I-85, GA-400, Buford Highway, and Druid Hills Road with tremendous visibility and signage on I-85 with 212,000 vehicles per day. In addition, the City of Brookhaven is looking to transform and densify the corridor with nodes of multifamily and mixed-use development. Based on the CDC rental income, the available buildings, and the total acreage, Corporate Square provides unmatched business plan optionality and potential value creation.
Investment Highlights
- Business Plan Optionality - In-place cash flow with repositioning potential
- Credit + Cash Flow - Long term credit lease with meaningful remaining contractual income
- Significant Economic Driver - Children's Healthcare of Atlanta Development
- Path of Growth - Located within Brookhaven's long term redevelopment overlay
- Outperforming Office Micromarket - Consistently boasting tight fundamentals despite macroeconomic headwinds
Contacts
JLL Southeast Office Investment Advisory
Katie Teague
Analyst
+1 404 995-2080
katie.teague@jll.com
JLL Southeast Land Investment Advisory
Scott Cullen
Managing Director
+1 404 995-2127
scott.cullen@jll.com
Mark Lindenbaum
Managing Director
+1 404 995-2181
mark.lindenbaum@jll.com
Rob Judice
Analyst
+1 404 995-2304
rob.judice@jll.com