Lincoln Property Company Southeast (Lincoln) has won the leasing assignment for a building newly acquired by Redline Property Partners in the Peachtree Corners submarket of Atlanta. Lincoln’s Matt Davis and Matt Fergus will lead leasing at 2 Sun Court.
The 4-story office building is the first Atlanta investment for Redline Property Partners, which plans significant capital improvements and to implement its tailored “concierge style,” management platform. In order to deliver the best service possible, Redline has engaged with Grover Corlew to perform the on-site property management.
“Redline Property Partners is a first-class owner and manager. I know that existing tenants will really like and benefit from the changes that are coming,” said Lincoln’s Davis. “The improvements, along with a great location, an overabundance of parking and Redline’s high touch management style will make 2 Sun Court attractive and valuable to all tenants.”
The building is centrally located with direct access to major transportation arteries, allowing companies to attract talent from throughout the metro area. The location offers superior accessibility, visibility, ample parking, as well as proximity to retail and dining. Redline President Andrew Webb said improvements at 2 Sun Court will include development of excess land into additional amenity space and a full cosmetic renovation of the building’s common areas.
“We are excited to invest in a market that continues to benefit from employment growth and long-term opportunities created by the expanding economy. This transaction signifies our continuing commitment to investing in Atlanta and the Southeast markets,” Webb said. “Redline’s trademark hands-on approach enables us to provide tenants with immediate, positive changes. The value-enhancement potential of 2 Sun Court is an excellent fit with our strategic investment platform.”
About Lincoln Property Company
Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, employing over 6,800 people in 32 states and 10 countries in Europe. Since its inception in 1965, Lincoln has developed over 250 million square feet of office, industrial, and retail projects as well as 209,000 apartment units. Stemming from its development and ownership background, Lincoln's operating platform seamlessly integrates its various service lines, provides for consistent and measureable performance and utilizes cutting-edge technology over its 350+ million square feet of managed assets. For more information on the Southeast Region of Lincoln Property Company, please visitlpcsoutheast.com.
About Redline Property Partners
Redline Property Partners is a privately owned commercial real estate investment, management and advisory firm with concentration in office, industrial and retail properties. Redline specializes in the acquisition and management of real estate projects located in select primary and secondary U.S. markets and corporate real estate advisory services for its clients. With over 75 years of combined experience and over $5 billion in real estate transactions, Redline’s principals maintain expertise in identifying under-performing real estate assets and executing successful turn-around strategies.
