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Rubenstein Partners buys office property in Alpharetta, Ga.
Transactions - NOVEMBER 10, 2021

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Rubenstein Partners buys office property in Alpharetta, Ga.

by Released

Rubenstein Partners has purchased 5405 Windward Parkway, an approximately 247,000-square-foot, four-story office property located on an 18-acre site in Alpharetta, Ga., one of the top suburban submarkets in the Southeast and part of the greater Atlanta MSA. The financial terms and seller were not disclosed.

The acquisition further boosts Rubenstein’s already strong presence in the Atlanta Metro market, which includes ownership of Sanctuary Park located five miles away in Alpharetta, as well as Pennant Park in Northwest Atlanta and Uptown in South Buckhead.

Originally developed in 1998 as the headquarters for Nortel Networks, 5405 Windward Parkway was later re-tenanted and today is 93 percent leased. The current tenants include Avanos Medical, a medical technology company, and Andritz, an international technology conglomerate. The property’s headquarters quality construction and finishes include a four-story glass atrium separating two efficient rectangular 30,000-s

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