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1355 State StAtlanta, GA 30363
1355 State Street
Asset ClassLand, Mixed Use, Multifamily, Student Housing
overview of deal

Overview

Avison Young’s Investment Sales has been retained on an exclusive basis to sell (the “Property” or “Project”), a 0.34 Acre +/- land site that includes a perpetual easement for 303 parking spaces, strategically located within Atlanta’s premier mixed-use district Atlantic Station. The Property is offered on an “as-is, where is” basis, and offers Developers tremendous upside potential, due to its direct proximity to Microsoft’s 523k SF, two-building Regional Headquarters known as “Atlantic Yards,” and its 645k SF Phase II development known as the Foundry.

 

The Project offers Developers the ideal combination of stable, in-place cashflow exposure, located in the heart of Atlanta’s Atlantic Station development, an 8m SF walkable mixed use destination including home to the two largest post-pandemic office leases in the form of Microsoft’s 523k SF BTS headquarters building as well as Piedmont Healthcare’s 180k SF HQ relocation from Atlanta’s West Paces Ferry submarket.

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Investment Highlights

  • Covered Land Play Risk Profile
  • Atlanta’s Largest MXU District
  • Located Within Path of Growth
  • Parking Income Upside
  • Corner Location Provides Development Upside
  • Maximum Flexibility
1355 State StAtlanta, GA 30363

Sales Team

James NelsonPrincipal, Head of Tri-State Investment Sales(212) 729-6585james.nelson@avisonyoung.com
Brad SinclairPrincipal, Managing Director, Capital Markets Group Hospitality(770) 692-1605brad.sinclair@avisonyoung.com
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Listing provided by Revere CRE