New Owners name Lavista Associates to leasing team at Suwanee Gateway One office building in Northeast Atlanta

ATLANTA - Lavista Associates, Inc., one the largest and most active full-service commercial and industrial real estate firms in the Atlanta region, was appointed leasing representative for the Class A, 142,427 square foot Suwanee Gateway One office building located on

Lawrenceville-Suwanee Rd.

at I-85 in Suwanee.

Tom Davenport (middle right photo), president of Lavista Associates, Inc. said office leasing associates Kirven Brantley and Austin Chase were appointed to the Suwanee Gateway One leasing team along with Chris Scott of Greenstone Properties.

SDM Partners, a real estate investment company based in Atlanta, recently acquired the five-story Suwanee Gateway One building from Fifth Third Bank for $7.7 million.

Suwanee Gateway One ranks as the Northeast Atlanta submarket’s largest contiguous block of available office space built to LEED Silver standards with interstate exposure. The building is located adjacent to Interstate 85 and formerly the site of the Atlanta Falcons' training facilities.

Opus South delivered the building in January 2009 at the height of recession.

“This transaction represents one of only a handful of significant office acquisitions in the Atlanta market in the past two years,” Davenport said. 

SDM Principal Steve Martin said Gwinnett County attracts at least one big office user a year and Suwanee Gateway One is well positioned to benefit from anticipated demand growth.

“As we move forward, tenant rep brokers will want to deal with new owners that are well capitalized,” Martin said. “I sense that the market is starting to change, and I'm hopeful our timing is good."

For more information,  contact:  

Tom Davenport, President, Lavista Associates, Inc. 770-448-6400; tdavenport@lavista.com; 

 

Kimberly Steele, Director of Marketing & Administration, Lavista Associates, Inc., 770-729-2824, ksteele@lavista.com; 

 

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com