Shorenstein Investment Advisers has acquired 14th & Spring, a 12-Story, class A office tower in Atlanta.
The 324,000-square-foot office tower is located in the heart of Midtown Atlanta, accessible to Downtown Connector, and within walking distance of Atlanta’s hotels, multifamily homes, retail and dining attractions. The property is includes outdoor balcony spaces, collaboration hubs, an expansive lobby, as well as amenities such as a coffee shop and fitness center. The property also has multiple signage opportunities in the Midtown skyline and below deck parking.
“Our investment in 14th & Spring was a rare opportunity to acquire a class-A property in a prime location,” said Claude Esposito, vice president at Shorenstein. “We closed without any financing and plan to make a significant follow-on investment in the asset with a capital plan to enhance common areas and further expand the amenity offerings. Having acquired the property at an attractive bas
