Landmark Properties buys office park in Buckhead to expand workforce

Northcreek Office Park Courtesy Regent Partners Landmark Properties in a joint venture with Westlake Capital has acquired Northcreek Office Park on Northside Parkway in Buckhead Landmark Properties will utilize various of the -square-foot four-building campus as new office space for its growing Atlanta workforce while maintaining its headquarters in Athens GA and an existing executive office at Buckhead Plaza Westlake Capital is the family office of Landmark Properties Chairman and CEO Wes Rogers It invests in multiple types of assets including real estate and continues to evaluate opportunities that provide sound risk-adjusted returns According to Rogers part of the appeal is an opportunity to invest in the neighborhood he calls home Landmark is not in the office business but we prefer to own our own space and this acquisition aligns well with what I m looking to personally invest in commented Rogers The majority of Landmark s corporate employees are still located in Athens but we not long ago surpassed corporate employees in the Atlanta area This space not only supports development in our current operations but also lays the foundation for future corporate expansion greater part of which we anticipate happening in Atlanta Northcreek s location quality size solid tenant base and attractive pricing particularly in relation to replacement cost make this a compelling commitment Regent Partners will also partner with Landmark on the acquisition relocate its corporate office to the property and continue to serve as the property manager and leasing agent The post Landmark Properties buys office park in Buckhead to expand workforce appeared first on Rough Draft Atlanta