OA Development makes headlines across the Southeast.
February 20, 2020
At OA Development, we ask our investors to be mindful of dollar cost averaging. Why? Simply put – we believe it is the smartest investment strategy. We do it ourselves, and we know first-hand the benefits.
December 6, 2019
OA Development, an Atlanta-based commercial real estate firm, announces the sale of a five-building, Class A, mid-rise office portfolio.
November 29, 2019
Any real estate project has got to have some dreams and aspirations that are a little nutty,” Berman said.
November 5, 2019
OA Development, a privately-held commercial real estate firm, announces the acquisition of Carmel Park I and II in Charlotte, North Carolina for $36,175,000.
July 18, 2019
OA Development, a privately-held commercial real estate firm, announces the sale of 2400 Lake Park, a Class B office building just off Cobb Parkway near SunTrust Park, home of Major League Baseball’s Atlanta Braves.
April 13, 2019
Gwinnett County leadership pulled an end run around citizens last month when they held a referendum on a tax to enter the MARTA system.
December 6, 2018
Imperial Center continues to outperform and outpace the region in occupancy and ability to push rental rates due to its broad range of amenities, including hotels, restaurants, and retail shops in the area.
June 20, 2018
The asset is leased at 96.5 percent, with rents approximately 7 percent below market value and a tenant line-up that features a variety of industries including STEM, healthcare, and marketing.
March 1, 2018
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 […]
March 30, 2017
Assets boast solid tenant rosters and offer strong cash on cash returns Atlanta-based OA Development closed on Preston Ridge IV, Peachtree Ridge, and 100 Ashford Center, bringing the company’s current portfolio to 2.1 million square feet. Preston Ridge IV is a 150,320-square-foot six-story Class “A” office building in Alpharetta, Ga. The building, which is part of the master-planned Preston […]
November 27, 2016
Best-in-class development marks company’s 17th acquisition in six years, totaling more than 2.1 million square feet 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 regional and national […]
May 9, 2016
OA Real Estate raises 100 percent of financing for acquisition within 48 hours Atlanta-based OA Development announced today that it closed on 56 Perimeter Center East, a six-story, 95,000-square-foot office building in Atlanta’s Central Perimeter submarket. The building is 90 percent leased and has averaged single-digital vacancy rates for much of its history, with in-place […]
May 9, 2016
Purchase achieves high internal rate of return without debt Atlanta-based OA Development sold 111 Tri-County Parkway, a Class-A office building in Cincinnati, OH, to Wang Brothers on April 8, 2016. The 42,000-square-foot property, built in 1997, is 100 percent occupied by Cincinnati Bell Technology Solutions, which recently extended its lease. “111 Tri-County was a financial […]
August 13, 2015
Closing marks company’s 14th acquisition in six years, totaling more than 1.6 million square feet Atlanta-based OA Development announced today that it closed on 3750 Brookside Parkway, a 105,236-square-foot, two-story brick class “A” office building in Alpharetta, Ga. The building, which was completed in 2001 and offers a high parking ratio, is 92 percent leased […]
February 24, 2015
Sale rewards investors with 25 percent IRR OA Development sold Lakeview 400 Office Park in Alpharetta, Ga. to The Simpson Organization for $14.7 million. OA purchased the two-building office park for $10.4 million in December 2011. Upon purchase, the property was 88 percent leased. ADP recently renewed its lease for the company’s 73,265-square-foot location through […]
November 18, 2014
Closing marks company’s 13th acquisition in five years, totaling more than 1.6 million square feet Atlanta-based OA Development announced today that it closed on One Point Royal, a one-building development situated along the North Point Parkway corridor in Atlanta’s North Fulton submarket. The 149,690-square-foot, two-story asset, which was constructed in 1996, is 71 percent leased […]