Avison Young Advises Adventus Realty Trust in the Purchase of Milton Park12 Jan 2017
Avison Young awarded leasing and property management of Class A office park in Alpharetta
ATLANTA, Jan. 12, 2017 – Avison Young’s Atlanta office has advised Adventus Realty Trust in the purchase of Milton Park, a two building mixed-use campus in Atlanta’s prospering North Fulton submarket. In addition to facilitating the sale, Avison Young has been retained for leasing and property management.
One of the newest vantage assets in North Fulton, Milton Park is situated on over 13 acres and contains two six-story LEED certified office buildings that total approximately 320,000 square feet. The Property is 88-percent leased and counts Landis+Gyr’s North American Regional Headquarters, Pegasystems and Schneider Electric among its tenants.
Located just off North Point Parkway near the core of the Georgia 400 corridor, Milton Park is in a highly desirable area for corporate offices. Additionally, it is only minutes from North Point Mall, popular restaurants and Avalon, a high-end mixed use development. Access to Sandy Springs, Johns Creek, and downtown Atlanta, whether by Interstate 285, Georgia 400, or MARTA rapid transit services, is quick, and convenient.
“Milton Park is an attractive option for employers looking for a centrally located office park with a unique walkable live, work, play environment,” said Matt Tritschler, Avison Young principal who oversaw the transaction on behalf of Adventus. “North Fulton is experiencing some of Atlanta’s strongest leasing fundamentals and the Property is in a high-growth, strategic location with a very talented, well-educated workforce nearby.”
The Avison Young Atlanta team is supported by a full-service office that includes sales, marketing, leasing, property management and research teams. The Atlanta Office currently manages more than 19.5 million square feet of property.