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Georgetown Co. Acquires 265K-SF Atlanta Office Property
Developer and owner Georgetown Co., and its affiliate RocaPoint Partners, has acquired 244 Perimeter Center Parkway, a 13-acre, 265,000-square-foot office property in Atlanta’s Perimeter Submarket. The sales price was not disclosed.
The property was the former Gold Kist Foods headquarters, and is nearby MARTA. Georgetown and RocaPoint will reposition the existing industrial-style building to create a collaborative environment for future tenants. Plans also include developing a second office building and a hotel on-site.
“This property has such an amazing history, and we believe there is a great opportunity to reinterpret it into a modern creative office campus,” said Adam Flatto, CEO at Georgetown. “As employers continue seeking ways to differentiate themselves to attract employees, they’re increasingly looking at how their office space can set them apart.”
Georgetown and RocaPoint recently opened the first phase of a $370-million mixed-use development, Halcyon, in Atlanta’s northern suburb, Forsyth County.
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- ◦Sale/Acquisition
