Search
 

KBS Disposes of North Fulton Office Space

ATLANTA— Vacancy should continue its downward trend in the near term, the firm predicts, bottoming out at 12.2% in 2018. Did KBS get out at the right time?

By Jennifer LeClaire | Updated on April 13, 2015

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.”

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.