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NOI Net Operating Income N/A
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Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2007
Building Area
Occupancy 75.0 %

Property Description

55 Allen Plaza is a 2007 Vintage Trophy Office Building with superior amenities, high-end finishes, unparalleled access to the I-75/85 Interstate, and connectivity to Atlanta’s fast growing technology hub.

Investment Highlights

  • Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present 55 Allen Plaza in Atlanta, a unique opportunity to acquire the air rights interest in a trophy office building situated in the heart of Atlanta’s dynamic Innovation Corridor less than a half-mile from The Georgia Institute of Technology (“Georgia Tech”) campus. Georgia Tech has been the catalyst for unprecedented growth and office leasing velocity along the I-75/I-85 Connector and has served as a magnet for corporate in-migration with major employers attracted to its highly skilled talent pool.
  • 55 Allen Plaza also enjoys a highly visible and recognizable presence on the Atlanta skyline as well as a prominent and convenient location, providing virtually unmatched accessibility to the entire metro area via the I-75/I-85 Connector and nearby Civic Center MARTA rail station.
  • Originally developed as part of a mixed-use project that also includes the adjacent 237 room W Hotel, 55 Allen Plaza remains anchored by global consulting powerhouse Ernst & Young, whose recent renewal provides attractive in-place lease term. In addition, there is over 80,000 SF of available space in both full-floor availabilities and smaller suites.
  • As a result, 55 Allen Plaza offers the rare combination of income stability along with value creation in a dynamic in-fill location. With its recently completed tenant lounge as well as conference center, 55 Allen Plaza offers a superior tenant experience with state-of-the-art project amenities and high-end, modern finishes throughout the building.
Richard Reid
Richard Reid
Senior Managing Director, Capital Markets Atlanta & Nashville Co-Office Head
License details
AL-000109241 FL-SL3171603 GA-313257 NC-LC304 SC-78122 TN-321591

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