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Atlanta & Southeast  + Atlanta Metro  + Office  |  February 28, 2022
SK Commercial Realty has finalized the sale of two office buildings in metro Atlanta to separate buyers for a combined $16 million
Lisa McDuffie
By: Lisa McDuffie

SK Commercial Realty Closes on Two Office Buildings in Metro Atlanta

SK Commercial Realty has finalized the sale of two office buildings in metro Atlanta for a combined $16 million. The properties are 125 Glenridge Point in the Central Perimeter submarket of Atlanta and Smyrna Heights Pavilion in Smyrna.

The 2005-constructed 125 Glenridge Point is a 9,660-square-foot, two-story office building that was marketed to a wide variety of potential owners/users including medical, office and retail users. Brian Lefkoff with Ackerman & Co., represented the buyer, First Carolina Bank, in the $6.5 million transaction. SKCR’s Jeff Fortner and Keith Guthrie represented the sellers, a partnership between Pope & Land and Noro Management.

Smyrna Heights Pavilion is a 21,730-square-foot, first-generation medical office building located within the Cumberland/Galleria submarket. SKCR’s Jeff Fortner represented the seller, Peacock Partnership, in the $9.4-million sale to an institutional joint venture with a local partner.

Photo: 125 Glenridge Point

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SK Commercial Realty

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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