Velocis, a private-equity, real estate-investment-management firm, has purchased 900 Ashwood, a 207,291-square-foot class-A office building located in Atlanta’s Central Perimeter submarket.
“900 Ashwood is a desirable asset for various reasons, including its recent upgrades and advantageous location in the heart of Atlanta,” said Jim Yoder, partner at Velocis. “We bring fresh capital and a fresh mindset to the property, which allows for a more aggressive approach to leasing space in the building.”
Velocis will implement key property upgrades on top of recent extensive improvements made by the former owner. The new enhancements will include updated outdoor seating to create an outdoor tenant lounge with a firepit and communal area. Additionally, Velocis will upgrade the current spec-office-suite offering available to prospective tenants by providing fully furnished and outfitted tenant spaces.
These enhancements will complement the building’s current
