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Atlanta Property Group Gains 400,000 SF of New Assignments
Atlanta Property Group (APG) has gained five new third-party assignments totaling more than 400,000 square feet of office and industrial space. This continued momentum follows APG’s announcement earlier this year to more broadly deploy its established third-party platform, which includes property management, construction management, leasing, and accounting to the Atlanta market. In 2022, APG gained nearly 1 million square feet of new third-party business.
The new assignments include 2500 Cumberland, a 145,000-square-foot fully leased office building in Cobb County, Lakewood II, a 123,000-square-foot office building in Smyrna, and Paran Place, a 35,000-square-foot office building centrally located in the Paces neighborhood. All three properties are owned by NORO Management, an Atlanta-based commercial real estate investment company.
APG was also awarded the third-party assignment for Parkbrooke Place, a 55,000-square-foot medical office building in Woodstock, and Riverdale Industrial, a 50,000-square-foot industrial property in Riverdale.
- ◦Lease