MidCity Plaza Undergoes Renovation, Upgrades to Class A
- Feb 15, 2015
MidCity Real Estate Partners has started a $7 million improvement project at MidCity Plaza that will soon convert the building into a Class A office property, DTZ announced recently. MidCity Real Estate Partners purchased the 63,049 square-foot asset, formerly known as the Crawford & Co. headquarters, in 2013. DTZ is the company assigned to market the property with agents Glenn Kolker and Preston Menning in charge of leasing.
Founded in July 2009, MidCity Real Estate Partners acquires, repositions, and develops office, retail, and mixed-use properties. Led by President Kirk S. Demetrops, the company’s executive team has over 100 years of investment experience.
The three-story building at 5620 Glenridge Drive, Sandy Springs, is located in a mixed-use development with five restaurants. It has easy access to Buckhead, Midtown, Downtown and the northern suburbs through Georgia 400 and Interstate 285. Due to its location near the Glenridge Connector, the property also offers a high-visibility signage opportunity. It offers 5.5 parking stalls for every 1,000 square feet of office space, including 50 spaces in a recently updated reserved covered parking area in the lower level of the building. The renovations—currently under way and set to be completed this March—include an expanded and modernized lobby, a two-story glass façade entrance, floor-to-ceiling windows, upgraded elevators, new life safety systems, energy-efficient lighting and new HVAC systems. Once complete, the reborn MidCity Plaza will offer one of the largest blocks of contiguous office space in the Central Perimeter market, which is currently among the most popular office locations in metro Atlanta.
Image source: midcitypartners.com