Northridge Center I & II

365 & 375 Northridge Road, Atlanta, GA 30350

Property Overview

Northridge Center I and II consist of two Class A office buildings. The buildings have a typical office layout with elevators in the central core and office space to the exterior. The property is improved with both surface and garage parking with a total of 724 parking spaces and an average parking ratio of 3.84 spaces per 1,000 square feet of net rentable area. Northridge II building amenities include a 1,973-square-foot fitness area and Café Northridge (878 square feet).

Investment at a Glance

  • LOCATION: Atlanta, GA
  • PROPERTY TYPE: Class A Office
  • ACQUISITION DATE: Dec 8, 2010
  • PURCHASE PRICE: $7,100,000
  • INVESTMENT TYPE: Non-Performing First Mortgage
  • YEAR BUILT: 1985, 1989
  • SQUARE FOOTAGE: 188,509 SF
  • NUMBER OF BUILDINGS: 2
  • NUMBER OF STORIES: 4 and 6
  • LEASED PERCENTAGE (AT THE TIME OF ACQUISITION): 40%

$7,100,000

Total Purchase Price

188,509

square feet

Total Rentable Area

Class A

Building Class