Metro Charlotte asset boasts solid tenant rosters and offer strong cash on cash returns Atlanta-based OA Development (OA) acquired The Park-Huntersville (The Park) for $62.5 million, marking the company’s largest acquisition to date. The five-building Class A portfolio is competitively located in the heart of the North Charlotte submarket and is the largest multi-story suburban…
(Charlotte Business Journal, March 2, 2018) An Atlanta real estate firm has made its first purchase in the Charlotte region. OA Development acquired five buildings at The Park-Huntersville in a $62.5 million transaction that closed Feb. 27, according to Mecklenburg County real estate records. The acquisition is the firm’s largest to date and encompasses 395,796…
(Bisnow, January 19, 2018) When it comes to Amazon HQ2, it is of little surprise Atlanta made the Top 20. The city hits item after item on the retail giant’s RFP wish list. Business-friendly environment? Check. Plenty of development sites? Check. Educated labor pool with strong universities? Check. International airport? Check. But as Georgia races…
(Bisnow, May 9, 2017) A local office investor is taking a different route in South Atlanta: spec industrial. OA Development is in the planning phases for a 750K SF speculative warehouse facility along Charles Grant Parkway, the main thoroughfare that feeds directly into Hartsfield-Jackson Atlanta International Airport’s international terminal. OA Development has 75 acres along…
(Atlanta Journal-Constitution, August 19, 2017) $200,000 study will produce plan for developing network. By Kelly Yamanouchi kyamanouchi@ajc.com East Point is among the cities that contributed funding for a study to develop a plan for a network of trails around Hartsfield-Jackson International Airport. HYOSUB SHIN / AJC 2009 Could the next Beltline be on Atlanta’s Southside? That’s the…
As most of our investors know, OAD’s fundamental work is to acquire and manage real estate assets that provide outstanding annual yields and IRR over the life of the investment. Our broader goal, however, is to provide a friendly and efficient way for our investors to preserve wealth through the unique benefits of real estate…
We are excited to share with you that we have relocated to a larger office space at 100 Ashford Center, in Atlanta’s Perimeter Center submarket, to accommodate our growing investment portfolio and team. OA Development’s new mailing address: 100 Ashford Center North, Suite 310, Atlanta, GA 30338. Our telephone number and email addresses remain the same….
Steve Berman served as a panelist at Bisnow’s Atlanta’s Southside Rising panel event on May 18, which provided attendees with updates about current and future development around the airport. Click here to read about a few of the trends that emerged from the event.
Assets boast solid tenant rosters and offer strong cash on cash returns Atlanta-based OA Development closed on Peachtree Ridge and 100 Ashford Center, bringing the company’s current portfolio to 2.1 million square feet. Peachtree Ridge is a seven-story, 159,962-square-foot class A/B+ office building that sits in the heart of Atlanta’s Peachtree Corners submarket, surrounded by…
OA Management broadens its property management team As part of our commitment to providing first-class service to our tenants, we are proud to welcome our new employees, listed below: Leaha Adams, Administrative Assistant Anh Thu Dang, Property Administrator Leigh Ann Gantt, Senior Property Manager Nikki MacNeil, Accounting Manager Kayla Medina, Property Administrator Larry Middleton, Building…