Parkway Center sits in an ideal position in Atlanta's Northwest Submarket and is the only class A office space for a 12-mile stretch along Interstate 75 between Interstate 285 and Interstate 575.

ATLANTA—Parkway Center in Atlanta has traded hands. Bridge Office Fund Manager, an affiliate of Bridge Investment Group, sold the asset to Simpson Group. Financial terms of the deal were undisclosed.

Cushman & Wakefield's David Meline, Samir Idris, Andy Johns, and Stewart Calhoun represented Bridge. At the time of the sale, the property had 29 tenants including WellStar Health Systems, Georgia's largest and fastest growing healthcare system.

“We saw great opportunity for this property and with an effective business plan we repositioned the asset into a modern, highly-visible, institutional quality office property while working closely with the Marietta CID to improve the overall Franklin Gateway corridor,” says Jeff Shaw, principal with Bridge Office and CEO of Bridge Commercial Real Estate. “The capital improvements and addition of best-in-class onsite amenities combined with an aggressive, hands-on leasing strategy have made Parkway Center a highly desirable and relevant location for employers in search of office space in the area.”

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