(6.20.18) OA Development closes on $31.4 million acquisition in Raleigh-Durham

Firm pairs assets from two sellers to create one 211,308-square-foot portfolio ATLANTA (June 20, 2018) – Atlanta-based OA Development (OA) acquired Imperial Center Portfolio – the Canterbury, Cambridge, Chelsea, and Oxford buildings – located in Raleigh-Durham, NC for $31.4 million. The four-building, 211,308-square-foot portfolio boasts a front-row location in the centrally located and highly amenitized…

(3.1.18) OA Development closes on $62.5 million acquisition, the firm’s largest to date

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…

(3.30.17) OA Development acquires two best-in-class office properties

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…

(3.30.17) OA expands staff to service ever-growing portfolio

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…

(11.29.16) OA Development closes on $27.5 million Alpharetta acquisition

Best-in-class development marks company’s 17th acquisition in six years, totaling more than 2.1 million square feet ATLANTA (November 27, 2016) Atlanta-based OA Development closed on Preston Ridge IV, a 150,320-square-foot six-story Class “A” office building in Alpharetta, Ga. The building, which is part of the master-planned Preston Ridge Office Park, is 94 percent leased to 13…

(7.22.16) South Atlanta Metro’s unprecedented growth and investment benefits Royal Phoenix and Phoenix Park

The Atlanta Business Chronicle recently released its annual Southside Market Report, which provides a current snapshot of South Atlanta Metro’s (in which Royal Phoenix and Phoenix Park are located) economic development. This year’s report had overwhelmingly positive news about the market, noting that the area has experienced unprecedented growth and investment in the last two…