(Atlanta Business Chronicle, January 8, 2016)
Atlanta-based OA Development recently acquired Crestwood Point I and II, bot in Atlanta’s northeast office submarket.
OA Development paid $21.2 million for the 214,392-square-foot combined properties.
The buildings are 85 percent leased and count among tenants National DCP (Dunkin Donuts), Bankers Life & Casualty, and Texas Instruments. The buildings’ leasing has increased more than 30 percent in the last quarter, and most of the tenants in the two office buildings have long-term leases.