Newmark is pleased to present the opportunity to acquire Phoenix Business Park, comprised of 8 office/flex/GSA buildings that span 333,767 SF across a combined ~22 acres (the “Portfolio”), situated just south of the regions’ largest economic driver and busiest airport in the world, Atlanta’s Hartsfield-Jackson International Airport.
The airport submarket is has flourished post covid due to rents being well below the metro average, stable market vacancy of 9% , and heavy corporate user presence.
This opportunity provides investors with predictable cash flow supported by a diverse tenant mix at below market rents with a well balance expiration schedule, providing downside protection and upside potential with above market returns.