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TerraCap Picks Up Sugarloaf Complex

Atlanta Capital Markets
Atlanta Capital Markets
June 16, 2016 Jarred Schenke, Atlanta
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What's 400k SF and more than $60M? TerraCap Management's third real estate acquisition in Atlanta this year. The firm just purchased Huntcrest, a four-building, 400k SF office park in Lawrenceville, for $61.2M from Blackstone. Off North Brown Road, the campus is one of the few Class-A projects in the Sugarloaf submarket. TerraCap tapped Lincoln Property's Hunter Henritze and Matt Davis to lease the project. Cushman & Wakefield's Samir Idris brokered the sale. Earlier, TerraCap purchased Chastain Center and Bailey Park in Kennesaw, as we reported here.

Contact Jarred Schenke at jarred@bisnow.com
Related Topics: Blackstone, Cushman & Wakefield, Hunter Henritze, Samir Idris, Kennesaw, Lincoln Property Co, Chastain Center, Matt Davis, Lawrenceville, North Brown Rd, Terracap Management, Bailey Park, Huntcrest, Sugarloaf