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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.

Connect

Inside The Story

Ardent’s Shulman

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
  • ◦Development
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