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Ardent Acquires Remaining Buildings at 45-Acre Piedmont Center Office Campus in Buckhead
Ardent Cos. has acquired Piedmont Center Buildings 5-8 and now owns and operates the entire 45-acre Buckhead office campus, which is comprised of 14 buildings totaling 2.2 million square feet.
The newly acquired buildings total 516,256 square feet and were recently renovated. They include the same walkable urban campus feel afforded to the center as a whole. A reimagining of the entire site is underway, which includes implementing artful encounters, modernizing lobbies, enhancing exteriors, adding retail amenities and more. As owner and operator, Ardent has invested in significant branding and wayfinding efforts to help visitors navigate the buildings. The more than 50,000 square feet of courtyard and public areas were recently revitalized to include upgraded amenities such as free public Wi-Fi and music in all common areas.
“With this purchase, we have reached our goal of assembling amenity-rich and open-air assets along the Piedmont Tech Corridor, and we’re ready to introduce the market to the new Piedmont Center,” said Matt Shulman, CEO at Ardent. “As the sole owner of one of the best office sites in Buckhead, we can now further update the iconic site and curate a community-like experience among our tenants and guests.”
To date, Ardent has invested a total of $465 million into the center. The seller was not disclosed.
- ◦Sale/Acquisition
- ◦Development