Cumberland Area Sales - CCID | Cumberland … · Alexan City View, part of 3300 Cumberland ... 6.6...

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2014 1. Circle 75 Parkway, 57 acres, $34.2 M 2. Heights at Stillhouse, $71.5 M 3. The Park at Vinings, $49.5 M 4. Spring Hill Parkway - 13 acres, $3.5 M 5. Spring Hill Parkway - 11 acres, $1.7 M 6. Windy Ridge Parkway - 25 acres, $14.9 M 7. Windy Hill Terrace, $7.6 M 8. 1900 The Exchange, Unit 100, $1.1 M 9. The Towers at Wilwood, 3200 Windy Hill Road, $118 M 10. Red Lobster, 2579 Cobb Pkwy, 3.41 M 11. Oak Park of Vinings, $11.7 M 12. Alexan City View, part of 3300 Cumberland Boulevard, $5.6 M 13. Homewood Suites Hilton, $11.8 M 14. CEC Entertainment/Showbiz Pizza (aka Chuckie Cheese), $2.7 M 15. Men’s Warehouse & Chase Bank, 2905-2931 Cobb Parkway, $13.1 M 16. Residence Inn Atlanta Cumberland- Galleria, $12.5 M 17. DoubleTree Suites Hilton Atlanta Galleria, $12.6 M 18. 2580 Windy Hill Road, $3.85 M 19. Overlook I, $19.3 M 20. Overlook II, $31.5 M 21. Westdale Forest Apartments, 3900 Paces Walk, $27.2 M 22. Gables at Wildwood Apartments, $67 M 23. Cumberland Boulevard - 6.7 acres, $9.2 M 24. Mission Galleria Apartments, $27 M 25. Parkwood Point, $39.25 M 26. Genuine Parts Headquarters 27. Wildwood - 14.6 acres, $3.3M 2014 2015 2016 2015 28. Lakes at Vinings, 2800 Paces Ferry Road, $44.7 M 29. Wildwood - 6.6 acres, $1.5 M 30. Stone Ridge at Vinings, $37.1 M 31. Old Vinings Inn, 3011 Paces Mill, $1.6 M 32. 1100 Overton-Akers Mill - 12.75 acres, $1.9 M 33. Fairfield Inn & Suites Atlanta Vinings, $8.6 M 34. Stillhouse Townhome Development, $2.1 M 35. CRIF Lending Solutions, 280 Interstate North Circle, $15.5 M 36. Westminister Apartments, $43.5 M 37. Parkway Pointe Retail, $44.3 M 38. Overlook Parkway - 3.14 acres, $1.7 M 39. Riverwood Parcel 5, $7.1 M 40. Riverwood 200, $43.5 M 41. Madison Vinings Ridge, $75.5 M 42. 2500 Cumberland Pkwy, $21 M 43. 1220,1250,1310 & 1320 Terrill Mill Rd, $3.6M 44. Gilmore Rd & Beechhaven Tr., $2.05M 45. 300 Galleria to Piedmont 300 , $88.3M 46. Paces West, 2727 Paces Ferry, $112 M 47. Hyatt Hotel, Cumberland Blvd, $26.5 M Cumberland Area Sales 6 22 21 19 26 23 24 13 5 8 7 14 25 18 27 12 9 1 10 11 3 5 4 17 16 35 32 29 34 33 31 30 38 37 36 41 42 44 43 45 2 2 15 46 47 40 39 2016 48. MCP Ackerman Corporate Forum LLC to Stadium Walk Apartments LLC, $11.1 M 48

Transcript of Cumberland Area Sales - CCID | Cumberland … · Alexan City View, part of 3300 Cumberland ... 6.6...

Page 1: Cumberland Area Sales - CCID | Cumberland … · Alexan City View, part of 3300 Cumberland ... 6.6 acres - TA Value $1 M, sold to Genuine Parts for 6-story 200 K sq ... Circle 75

20141. Circle 75 Parkway, 57 acres, $34.2 M 2. Heights at Stillhouse, $71.5 M3. The Park at Vinings, $49.5 M 4. Spring Hill Parkway - 13 acres, $3.5 M5. Spring Hill Parkway - 11 acres, $1.7 M6. Windy Ridge Parkway - 25 acres, $14.9 M 7. Windy Hill Terrace, $7.6 M8. 1900 The Exchange, Unit 100, $1.1 M9. The Towers at Wilwood, 3200 Windy Hill Road, $118 M10. Red Lobster, 2579 Cobb Pkwy, 3.41 M11. Oak Park of Vinings, $11.7 M12. Alexan City View, part of 3300 Cumberland Boulevard, $5.6 M13. Homewood Suites Hilton, $11.8 M14. CEC Entertainment/Showbiz Pizza (aka Chuckie Cheese), $2.7 M15. Men’s Warehouse & Chase Bank, 2905-2931 Cobb Parkway, $13.1 M16. Residence Inn Atlanta Cumberland- Galleria, $12.5 M17. DoubleTree Suites Hilton Atlanta Galleria, $12.6 M18. 2580 Windy Hill Road, $3.85 M19. Overlook I, $19.3 M20. Overlook II, $31.5 M21. Westdale Forest Apartments, 3900 Paces Walk, $27.2 M22. Gables at Wildwood Apartments, $67 M23. Cumberland Boulevard - 6.7 acres, $9.2 M24. Mission Galleria Apartments, $27 M25. Parkwood Point, $39.25 M26. Genuine Parts Headquarters27. Wildwood - 14.6 acres, $3.3M

2014 2015 2016

201528. Lakes at Vinings, 2800 Paces Ferry Road, $44.7 M29. Wildwood - 6.6 acres, $1.5 M30. Stone Ridge at Vinings, $37.1 M31. Old Vinings Inn, 3011 Paces Mill, $1.6 M32. 1100 Overton-Akers Mill - 12.75 acres, $1.9 M33. Fairfi eld Inn & Suites Atlanta Vinings, $8.6 M34. Stillhouse Townhome Development, $2.1 M35. CRIF Lending Solutions, 280 Interstate North Circle, $15.5 M36. Westminister Apartments, $43.5 M37. Parkway Pointe Retail, $44.3 M38. Overlook Parkway - 3.14 acres, $1.7 M39. Riverwood Parcel 5, $7.1 M40. Riverwood 200, $43.5 M41. Madison Vinings Ridge, $75.5 M42. 2500 Cumberland Pkwy, $21 M43. 1220,1250,1310 & 1320 Terrill Mill Rd, $3.6M44. Gilmore Rd & Beechhaven Tr., $2.05M45. 300 Galleria to Piedmont 300 , $88.3M46. Paces West, 2727 Paces Ferry, $112 M47. Hyatt Hotel, Cumberland Blvd, $26.5 M

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201648. MCP Ackerman Corporate Forum LLC to Stadium Walk Apartments LLC, $11.1 M

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Page 2: Cumberland Area Sales - CCID | Cumberland … · Alexan City View, part of 3300 Cumberland ... 6.6 acres - TA Value $1 M, sold to Genuine Parts for 6-story 200 K sq ... Circle 75

Cumberland Area Property Sales2014 Purchase Price - Map Location Number

January - Circle 75 Parkway, 57 acres - TA Value $325,000 an acre, sold to Atlanta Braves (BRED CO), $34.2 M - 1.February - Heights at Stillhouse - TA Value $28.5 M, sold to Bells Partners who renames it Bells Vinings, $71.5 M - 2.March - The Park at Vinings, 3000 Spring Hill Parkway - TA Value $48 M, sold to Vinings Inv, $49.5 - 3. March - Spring Hill Parkway, 13 acres - TA Value $1.7 M, sold to Core Highpoint, $3.4 M - 4.March - Sping Hill Parkway, 11 acres - sold to Core Highpoint, $1.7 M - 5.April - Windy Ridge Parkway, 25 acres - TA Value $325,000 an acre, sold to Atlanta Braves (BRED CO), $14.9 M - 6.May - Windy Hill Terrace - TA Value $8 M, US National Bank Foreclosure September 2013, sold to DF Windy Hill, $7.6 M - 7. July - 1900 The Exchange, Unit 100 - TA Value $1.15 M, sold to Richmond Graduate University, $1.1 M - 8.August - The Towers at Wildwood, 3200 Windy Hill Road - TA Value $89.5 M, sold to Wildwood Owner (Foreign), $118 M - 9. August - Red Lobster, 2579 Cobb Parkway - TA Value $1.9 M, sold for $3.4 M - 10. August - Oak Park of Vinings - TA Value $10 M, 168 multifamily units, 14 developed and 2.3 undeveloped acres sold for $11.7 M - 1.August - Alexan City View, part of 3300 Cumberland Boulevard, 2.7 acres - TA Value $2 M, sold to AV Apartments, $5.6 M - 12.September - Homewood Suites Hilton - TA Value $7.6 M, sold to Blackstone Real Estate (NY), $11.8 M - 13.September - CEC Entertainment/Showbiz Pizza (aka Chuckie Cheese) - TA Value $1.7 M, sold to National Retail Properties, $2.9 M - 14. September - Men’s Warehouse/Chase Bank, 2905 - 2931 Cob Parkway - TA Value $4.6 M, sold to Farmers Branch LLC, $13.1 M - 15.September - Residence Inn Atlanta Cumberland/Galleria - TA Value $5.3 M, sold to Blackstone Real Estate (NY), $12.5 M - 16.September - DoubleTree Suites Hilton Atlanta Galleria - TA Value $8.6 M, 2.86 acres sold to Encore, $12.6 - 17.October - 2580 Windy Hill, Starbucks/Panda Express - TA Value $2.4 M, sold to 2580 Windy Hill Investors, $3.85 M - 18.October - Overlook I - TA Value $11.8 M, sold to GVAOII, Goddard Investment Group, $19.3 M - 19.October - Overlook II - TA Value $24.2 M, sold to GVAOII, Goddard Investment Group, $31.5 M - 20.October - Westdale Forest Apartments, 3900 Paces Walk - TA Value $15.1 M, 308 multifamily units, sold for $27.2 M - 21. October - Gables at Wildwood, 1000 Shadowood Parkway - TA Value $50.7 M, 546 multifamily units, sold for $67 M - 22.October - Cumberland Boulevard, 6.7 acres - TA Value $5.9 M, sold to Oxford Encore Apartments, $9.2 M - 23. November - Mission Galleria Apartments, Herodian Way - TA Value $18.4 M, 416 multifamily units, 85% occupied, sold for $27 M - 24.December - Parkwood Point, 2018 Powers Ferry - TA Value $35.2 M, sold to NP Parkwood, $39.3 M - 25. December - Genuine Parts Headquarters - sold to Atlanta Braves (BRED CO), Part of sponsorship deal - 26. December - Wildwood, 14.6 acres - TA Value $2.5 M, sold to JWC Rivers Call LLC for townhome development, $3.3 M - 27.

2015 Purchase Price - Map Location Number

February - Lakes at Vinings, 2800 Paces Ferrry Road - TA Value $43.8 M, multifamily development on 38 acres, sold for $44.7 - 28.February - Wildwood, 6.6 acres - TA Value $1 M, sold to Genuine Parts for 6-story 200 K sq ft headquarters, $1.5 M - 29.February - Stone Ridge at Vinings - TA Value $37.1 M, sold to Stone Ridge LP & Stone Ridge Vinings, $37.1 M - 30. February - Old Vinings Inn, 3011 Paces Mill - TA Value $750 K, sold to Panacea Land Management Group, $1.6 M - 31.March - 1100 Overton -Akers Mill, 12.75 acres - sold to Akers 75 LLC for $149 K an acre, TA Value $.8K $1.9 M - 32.April - Fairfi eld Inn & Suites Atlanta Vinings - TA Value $7.3 M, sold to ARC Hospitality Portfolio, $8.6 M - 33.April - Stillhouse Townhome Development - Total TA Value for 39 townhomes $1.25 M, sold 18 TH lots to Traton Homes, $2.1 M - 34.June - CRIF Lending Solutions, 280 Interstate North Circle - TA Value $9.8 M, sold to CRIF Solutions for new US headquarters, $15.5 M - 35.June - Westminister Apartments - TA Value $25. 8 M, sold to Wicker LLC, $43.5 M - 36.June - Parkway Pointe Retail - TA Value $24.9 M, sold to Parkway Pointe FCA, $44.3 M - 37.June - Overlook Parkway, 3.14 acres with tennis courts - TA Value $193 K, Atlantic Capital Bank to Vinings Overlook LLC, $1.7 M - 38.June - Riverwood Parcel 5 - TA Value $1.7 M, sold to Bayrock Investment, $7.1 M - 39.June - Riverwood 200 - TA Value $2.9 M, sold to Highwood Properties, $3.4 M - 40. September - Madison Vinings Ridge - TA Value $53.7 M, sold to Titan Real Estate Investment Group, $75.5 M - 41. September - 2500 Cumberland Pkwy - TA Value $13.8 M, sold to Noro Isle, LLC, $21 M - 42. September -1220, 1250, 1310, & 1320 Terrell Mill Rd., sold to Pulte Homes, TA Value $2.6M, sold to Pulte Homes, $3.6M - 43.September - Gilmore Rd & Beechhaven Tr. TA Value $.674 M, sold to Pulte Homes, $2.05M - 44. November - 300 Galleria, TA Value $52M, sold to Piedmont 300, $88.3M - 45.November - Paces West, 2727 Paces Ferry Road, $112 M - 46.December - Hyatt Hotel, Cumberland BLVD, $26.5 M - 47.

2016 Purchase Price - Map Location Number

January - MCP Ackerman Corporate Forum LLC - TA Value $9.9 M, sold to Stadium Walk Apartments LLC, $11.1 M - 48.

This list is gathered through the public records for Cobb County and does not claim to be exhaustive.Some property sales involved multiple parcels.

SunTrust Park/The Battery Atlanta

In 2015, properties in the Cumberland CID on average sold 125% above tax assessor values. Wildwood Offi ce Park

Circle 75 Offi ce Park

Alexan City View