New Atlanta Beltline office corridor draws companies from Downtown, Sixty West Funds to develop 115,000+ SF

“It’s pretty easy to find the offices of brand names in Atlanta business — just look for an office tower on Peachtree.

Cousins Properties Inc. King & Spalding. SunTrust Banks Inc. They all occupy top-tier office space on Atlanta’s most famous street, where seven of the 10 largest buildings form the backbone of the city’s skyline.

But, lately there’s another premier address for prominent names in corporate America — The Atlanta Beltline Eastside Trail.

Consider the recent decision of consulting giant McKinsey & Co., one of the “Big Three” along with Bain & Co. and Boston Consulting Group. McKinsey is leaving its decades-old office in the 52-story Georgia Pacific Tower on Peachtree to relocate to the Atlanta Beltline.”

Spanning from Piedmont Park to Reynoldstown, the Atlanta Beltline Eastside Trail has sparked $3.7 B in private redevelopment spurred by $447 M of public and private investment.

Sixty West Funds development pipeline currently includes more than 115,000 SF of office in the Old Fourth Ward neighborhood, one of the neighborhoods included along the Eastside Trail. The mixed-use development, branded Waldo’s after Ralph Waldo Emerson, leverages the “shared economy,” integrating multiple real estate components to create one live, work, play environment centered around tenant and resident enjoyment.

Along with office space the project will include a hotel component, retail, and food and beverage space on-site. The project is set to break ground in Q2 2019.

 

Read the full Atlanta Business Chronicle article HERE.

Explore Sixty West Funds targeted properties, including our Old Fourth Ward development HERE.