Neighbor News
Avison Young Assists with Off-Market $38.9 Million Sale in Atlanta
Adventus buys 1000 Parkwood in Cumberland/Galleria submarket
The Atlanta office of Avison Young has advised Adventus Realty Trust in the off-market $38.9 million sale of 1000 Parkwood, a 212,500 square-foot office building located in the Cumberland/Galleria submarket of Atlanta. Matt Tritschler of Avison Young represented the purchaser in the transaction. CBRE represented the seller, Atlanta Property Group.
The Class A, 10-story office building is located northeast of the intersection of I-285 and I-75. Built in 1985, the building is 92-percent leased and counts global chemical company, Kemira (North American headquarters), among its tenants.