FEBRUARY 1, 2022
Balfour Paciﬁc Capital Inc. is pleased to announce the acquisition of Northwoods Commons (“Northwoods”). a three-building ofﬁce park situated in northeast suburban Atlanta, Georgia. The transaction closed on February 1, 2022.
Northwoods comprises 100,720 s.f. of single-story ofﬁce space in Peachtree Corners, a submarket that is enjoying its lowest vacancy rates in over ten years. The property is well-situated with prime retail frontage along an important throroughfare that leads directly to two major Atlanta Interstates and provides connectivity to the rest of metro Atlanta. The 8.8-acre site also beneﬁts from excellent accessibility with four park entrances.
The acquisition marks Balfour’s ﬁrst foray into Atlanta, a market that enjoys strong macro growth factors, great quality of life and an attractive regulatory environment. The city’s robust fundamentals are supported and evidenced by large corporate expansions and relocations. “We believe Atlanta’s diverse talent pool, business-friendly environment and prominent corporate presence will continue to fuel strong in-migration of employees and corporations over our investment timeline,” comments Balfour Paciﬁc’s Managing Partner, Mark Scott. “We look forward to building a larger presence in the area.”
About Balfour Pacific Balfour Pacific Capital Inc. is a private equity real estate firm focused on value-added investments in the United States. Should you wish to learn more about Balfour Pacific, please visit our website, www.balfourpacific.com.