(Atlanta Business Chronicle, September 25, 2015)
Atlanta-based OA Development has purchased 3750 Brookside Parkway, a 105-236-square-foot office building in Alpharetta.
The building is 92 percent leased and counts among its tenants Aqilent Technologies Inc.; Hi-Rez Studios Inc.; and W. W. Grainger Inc.
OA paid $14.7 million for the building.
Brand Banking Co. provided the debt. The deal was brokered by Jay O’Meara, with CBRE’s Atlanta Office.
It’s the 14th commercial building that OA Development has acquired in the last six years, bringing the company’s total square footage acquired to 1.6 million square feet.