Tenant Turns Tables, Buys Its Rented Space and Entire Atlanta-Area Office Park
highg@tep@rtners / March 23, 2023
Tenant Turns Tables, Buys Its Rented Space and Entire Atlanta-Area Office Park
Highgate Partners Purchases Plaza 400 With Plans to Upgrade and Rebrand Property
Beau Terrell, Andrew Murphy, and Trace McCreary paid $19.25 million for Plaza 400, an office park near the landmark Concourse Office Park, in background to the right, in Sandy Springs, Georgia. (CoStar)
Two years after settling into their offices at 5887 Glenridge Drive just outside of Atlanta, a pair of partners in a real estate advisory firm jumped at the chance to buy the building and the entire business park where it is located.
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Highgate Partners is a full service commercial real estate firm with a primary focus on the acquisition of medical office buildings throughout the United States. In addition, Highgate Partners includes a seasoned brokerage team with over 80 years of commercial real estate experience and a transaction volume totaling north of $3.0 billion.