ATLANTA—Dallas-based Macfarlan Capital Partners just acquired a class A suburban office building located in the North Fulton submarket of the Atlanta MSA. The private real estate investment sponsor bought Royal Ridge, which stands in Alpharetta, GA.
“Royal Ridge is well positioned to benefit from expanding commercial activity in the North Fulton Submarket over the next several years,” Mac Macfarlan who leads the firm's acquisitions team, tells GlobeSt.com. “We are thrilled to own this great asset together with our partners.”
Some of Royal Ridge's most notable tenants include Axis Reinsurance Company and Hagemeyer North America. Both companies have called the office building home since 2002.
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