Redline Property Partners Acquires 2 Sun Court, Peachtree Corners, GA

8/18/17

Redline Property Partners, the real estate investment and management firm, announced today that it has purchased 2 Sun Court, one of the area’s best-located office properties in Atlanta’s famed Peachtree Corners submarket. The purchase represents Redline’s first investment in Atlanta. 

As part of the purchase, Redline has committed to immediately completing significant capital improvements and adding building amenities. Additionally, Redline intends to re-brand the property and implement its tailored “concierge style” management platform in order to better serve the needs of the building’s occupants. 

”We are excited to invest in a market that continues to benefit from employment growth and long-term opportunities created by the expanding economy,” said Andrew Webb, Redline’s President. “This transaction signifies our continuing commitment to investing in Atlanta and the Southeast U.S. markets.” 

“Redline’s trademark hands-on approach enables us to provide tenants with immediate, positive changes, ” said Andrew Webb. “This asset’s value-enhancement potential is an excellent fit with our strategic investment platform.” 

2 Sun Court is strategically located in the heart of the coveted Peachtree Corners office submarket. With a number of nearby retail amenities and direct access to major transportation arteries, the building maintains superior accessibility and visibility. Its central location allows companies to access multiple talent pools in order to attract and retain employees from all areas of the metro. The building includes a 5-story tower, abundant parking and excess land, which Redline intends to develop as additional amenity space.

To deliver the best service possible, Redline has partnered with Grover Corlew for the property management and has enlisted the services of Matt Davis and Matt Fergus with Lincoln Property Company for leasing the remaining vacant space

Redline Property Partners is a privately-owned commercial real estate investment, management and advisory firm with concentration in office, industrial and retail properties. Redline specializes in the acquisition and management of real estate projects located in select primary and secondary U.S. markets and corporate real estate advisory services for its clients. With over 75 years of combined experience and over $5 Billion in real estate transactions, Redline’s principals maintain expertise in identifying under-performing real estate assets and executing successful turn-around strategies.