JLL is pleased to present Parc at Perimeter ("Parc"), a 1998-built community located directly in the heart of Atlanta’s largest employment base, Perimeter Center. Home to numerous Fortune 1000 companies, international headquarters, and renowned medical facilities, its World Class location is unparalleled. Walkable to multiple MARTA stations, grocery, fine dining, and shopping, Parc at Perimeter offers superb urban walkability to its residents, most of whom are employed in the immediate area and walk to work on a daily basis.
Surrounded by substantial new corporate developments such as Mercedes Benz's North American Headquarters and State Farm’s Southeast Regional Headquarters, the area is experiencing proliferated job and population growth. High Street Atlanta, a massive 36-acre mixed-use development directly across the street from Parc, is set to break ground in early 2018 and will continue to elevate the submarket’s urban, walkable appeal.
Institutionally owned and maintained, the Property features 100% original 1998 finishes, creating one of the only “All Original” value-add properties in Atlanta’s core submarkets. With rental headroom from renovated peers of $270+, and new product with a $590+ rent differential, Parc is the premiere value-add investment opportunity of 2017.
INVESTMENT OPPORTUNITY HIGHLIGHTS
? LAST REMAINING “ALL-ORIGINAL” VALUE-ADD INVESTMENT OPPORTUNITY IN PERIMETER CENTER
? WORLD CLASS PERIMETER CENTER LOCATION, HOME TO 6 FORTUNE 1000 HEADQUARTERS
? RENTAL HEADROOM OF $270+ FOR RENOVATED PEERS, $590+ FOR NEW SURROUNDING PRODUCT SUBSTANTIATES ABILITY TO DRIVE RENTS
? NEW CORPORATE AND MIXED-USE DEVELOPMENT DRIVING JOB AND POPULATION GROWTH AT RATE GREATER THAN MSA
? CONNECTIVITY TO 4 MARTA RAIL TRANSIT STATIONS, WITH $1B+ INFRASTRUCTURE IMPROVEMENTS UNDERWAY
? WALKABLE TO OVER 200 SHOPS, RESTAURANTS, BARS, AND RETAIL
? 3 NATIONALLY ACCLAIMED MEDICAL FACILITIES TOTALING 20,000 JOBS ONE MILE FROM PARC