Virtua Partners Aquires Class-A, Multi-Tenant Office Building

Virtua Partners Aquires Class-A, Multi-Tenant Office Building

Press Releases, Resources
SCOTTSDALE, Ariz. (Oct. 31, 2019) --  Virtua Partners, a global-private equity real-estate investment manager announced the successful acquisition of the multi-tenant building located at 4800 North Point Parkway in Alpharetta, Georgia – an affluent community in the Atlanta MSA. The property was acquired at a purchase price of $13,000,000. The 75,305 square-foot property will be 100 percent occupied by four tenants, anchored by a large A+ credit tenant. In addition to the property itself, the submarket exhibits healthy fundamentals, experiencing immense population growth and a healthy office market. North Fulton County experienced a 14.1% increase in population from 2010 to 2018 according to the U.S. Bureau of Economic Analysis. High-end amenities, a low cost of living and an abundance of educated workers also support a strong outlook for this property.…
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