Third & Urban Buys Dunwoody Place Flex Campus

Third & Urban Buys Dunwoody Place Flex Campus

Third & Urban acquired Northridge Commons, a seven-building, 470,000-square-foot flex industrial campus in Sandy Springs. The Dilweg Companies was the seller. While the most recent sales price was not disclosed, the campus last sold for $51.5 million in 2019. 

Tenants at the project include Pontoon Brewing Co., an Inspire Brands innovation center, and Invitation Homes, a subsidiary of Blackstone. The 38-acre campus is on Dunwoody Place, located off Roswell Road south of the Chattahoochee River.

Northridge Commons is currently 83% leased. Third & Urban said it will reposition some of the office spaces to attract more flex industrial users. 

Third & Urban is known for its creative urban infill projects, such as Common Ground, Westside Paper and Armour Yards. It has also proposed overhauling a sprawling, aging office park on the doorstep of the new Children’s Healthcare of Atlanta campus. The firm’s pipeline encompasses 3.2 million square feet valued at $1.4 billion.

The post Third & Urban Buys Dunwoody Place Flex Campus appeared first on Connect CRE.

​  Third & Urban acquired Northridge Commons, a seven-building, 470,000-square-foot flex industrial campus in Sandy Springs. The Dilweg Companies was the seller. While the most recent sales price was not disclosed, the campus last sold for $51.5 million in 2019.  Tenants at the project include Pontoon Brewing Co., an Inspire Brands innovation center, and Invitation Homes, …
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