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Atlanta & Southeast  + Atlanta Metro  + Industrial  | 
Peachtree Corners office building in Atlanta, GA

TCM Acquires Two Class A Flex Industrial/Creative Office Assets in Atlanta

Ten Capital Management has acquired two assets in suburban Atlanta: a 163,231-square-foot creative office complex on Peachtree Industrial Boulevard and a 130,786-square-foot flex office/R&D/light industrial building on John’s Creek Court.

Somerset Properties is the co-general partner on the transactions.

The Peachtree property is currently 92% leased to seven long-term tenants. The Peachtree Corners submarket has experienced 3.7 million square feet in leasing post-Covid.

The Johns Creek building is currently 93% leased to three long-term tenants. The property offers property offers flexible space with 22’ clear heights and 16’ dock heights along with a location in the middle of Technology Park. Johns Creek is a 1,900-acre, master-planned development with office, retail, residential, and municipal uses.

 “This asset offers our investors an opportunity to capture light industrial, distribution, tech and life sciences exposure in micro-markets that have enjoyed terrific momentum, all at an attractive price, with an appropriate margin of safety in place,” said Ben Adams, TCM CEO.

Photo: Peachtree Industrial Boulevard office complex

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Ten Capital Management's Adams

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 he makes the transition from an utterly failed racehorse to a lovely show hunter.

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