Search
 

Admiral Makes Fourth CRE Exit

ATLANTA—"200 Ashford was a great opportunity for Admiral and our investors and we appreciate the focused effort from SDM Partners.

By Jennifer LeClaire | Updated on February 19, 2015

ATLANTA—In a joint venture with SDM Partners, Admiral Capital Group just sold 200 Ashford Center. Financial terms of the deal were not disclosed.

Built in 1989, the 158,384-square-foot office property sits in the Central Perimeter, Atlanta’s largest office submarket, near the intersection of Ashford Dunwoody Road and Mount Vernon Highway. The joint venture originally acquired the office asset in Sept. 2012 for $13 million. The sale marks Admiral’s fourth exist in its first value-add real estate fund. The asset was acquired in September 2012.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.