s riverwood 100 m a b er ui re d - highwoods properties

2
$86.3M Investment 502,527 SF Class A Office Building Riverwood 100 Atlanta A c q u ir e d S e p t e m b e r 2 0 1 1

Upload: others

Post on 03-Feb-2022

1 views

Category:

Documents


0 download

TRANSCRIPT

$86.3M Investment502,527 SF Class A Office Building

Riverwood 100Atlanta

Acquired

September 2011

On-site Amenities

Owned, Leased & Managed byContact Information: Tabitha ZaneVice President, Investor Relations and Corporate Communications(919) [email protected]

3350 Riverwood Parkway

Riverwood 100 Atlanta

Transaction Overview Memorial Dr

Candler Rd

McAfee Rd

Boul

evar

d

DeKalb Ave

Stew

art A

ve

Cleveland Ave

JonesboroRd

Campbellton Rd

Avon Ave

Mays Dr

Cam

p C

reek

Pkwy

Marietta Rd

Cascad

e Palm

etto H

wy

Stovall Ln

Rivertown Rd

South Fulton Pkwy

Capps Ferry Rd

Hutchenson Ferry Rd

Fulton PkwySouth

Redw

ine

Campb

ellton

-

Rd

Post Rd

Ephes

us C

hurch

Rd

Pool Rd

Bankhead Hwy

Cedar Mtn Rd

Hiram - Nebo Rd

Ridge Rd

Baker Ridge

Rd

Douglasville H

wy

Hiram

-

Villa R

ica H

wy

Hiram Sudie Rd

Paul

ding

Pkw

y

Atlanta Hwy

Macland Rd

Dallas-Acworth

Hwy

Due West Rd

E Paulding Dr

Whitlock Ave

Rd

Villa Rica

Rd

New

Mac

land

Rd

East-West Connector

Flint Hill RdClay Rd

Church Rd

Jones Shaw Rd

Hick

s R

d

Fontaine Rd

Oakda

le Rd

South Cobb Dr

Old Alabama Rd

Atlanta Rd

Spring Rd

Delk RdPowder Springs St

N Marietta Pkwy

Cobb Pkwy

Kennesaw Ave

Dallas Hwy

Barrett Pkwy

Stilesboro Rd

Sand

y Plai

ns R

d

Ridgew

ayRd

Burnt Hickory Rd

Roswell Rd

Old

Can

ton

Rd

Lower Roswell RdPowersFerry

Rd

John

son

Ferry

Rd

Roswell

Rd

Dunwoody Club Dr

Alph

ar

etta Hwy

Holcomb Bridge RdOld Alabama RdN

es

bit Ferry Rd

Spalding Dr

Peac

htree

Pkwy

Buford Hwy

Peachtree Industrial Blvd

Peachtree

Indus

trial B

lvd

Ros

wel

l Rd

W Wesley Rd

Buford

Hwy

Nor

thsi

de

Dr

Bankhead Hwy

Simpson Rd

Benjamin

Cascade Rd

Sylva

n R

d

Roos

evel

t Hwy

Custer Ave

Pant

hers

ville

Rd

Constitution Rd

Glenwood Ave

N Decatur Rd

Scott Blvd

Briarcliff Rd

Paces Ferry Rd

Bolton Rd Moores Mill Rd

Forest Pkwy

Lake Harbin Rd

Rex Rd Fairview Rd

Panola Rd

Boul

derc

rest

Rd

River Rd

River Rd

Stagecoach Rd

Millers Mill Rd

KelleytownRd

Airli

ne R

d

Oglesby BridgeRd

Union Church Rd

Scott Hwy

Honey Creek Rd

Stanton Rd

Smith

Sto

reRd

Oak Hill Rd

Bethany Rd

Brown Bridge Rd

Salem Rd

Fairview Rd

Crowell Rd

Flat Shoals Rd

Smyrna Rd

Klondike Rd

Sigman Rd

Rd

Old Covington

Mou

nt Z

ion

Rd

HightowerTrail

Irwin

Brid

ge R

d

Loganville HwyLee Rd

Annistown Rd

Deshon Rd

Rockbridge Rd

Desh

on R

d

Stephenson RdRedan Rd

Shadow Rock

Pano

la R

d

Lithonia Rd

Stone Mtn.-

Dr

Roc

k C

hape

lR

d

Union Grove RdCovington Hwy

Hai

rsto

n R

dH

airs

ton

Rd

Lee Blvd

Indian Creek Dr

Five Forks- Trickum Rd

Rockbridge Rd

Oak Rd

Killian Hill Rd

Hugh Howell

Rd

Singleton RdRonald

Reagan

Pkwy

Cruse Rd

Sugarloaf

Pkwy

Indus

trial

Peach

tree

Blvd

McGinnis Ferry Rd

Old Atlanta

Rd

Brookw

ood

RdWindward Pkwy

Mayfield Rd

Broa

dwel

l Rd

Hop

ewel

l Rd

Webb Bridge Rd

Kimball Bridge Rd

Med

lock

Brid

ge R

d

Woodstock Rd

Shallowford Rd

John

son

Ferry

Rd

Lower Roswell

Rd

Shallowford Rd

Trick

um R

d

Bells Ferry

Rd

Sandy Plains Rd Hembree RdHardscrabble Rd

Old Peachtree Rd

Hurricane Shoals

RdBraselt

onH

wy

Grayson Hwy

Webb Gin HouseRd

Pate Rd

Athens Hwy

Ros

ebud

Rd

Dial Mill Rd

McD

anie

lM

ill R

d

Browns Mill

Rd

Pano

laRd

Rainbow DrSnapfinger

Rd

Boulder ParkDr

Cha

pel H

ill R

d

Riverside Pkwy

Butner Rd

Enon

Rd

Stonewall

Tell Rd

Old FairburnRd

Feld

woo

d R

d

StonewallTell

Rd

Flat Shoals Rd

Old

Nat

iona

lH

wy

W F

ayet

tevi

lle R

d

Upper RiverdaleRd

Battlecreek Rd

Walt Stephens Rd

Fairview Rd

Evan

s Mill

Rd

Turn

er H

ill R

d

Gray

son

Pkwy

Five Forks Rd

Sugarloaf

Pkwy

LawrencevilleHwy

Peachtree

Rd

Old

Lakewood Frwy

Tilly Mill Rd

Chamblee-Dunwoody

Rd

Winters

ChapelR

d

Peeler Rd

N P

each

-tre

e R

d

Johnson

Ferry Rd

Mt. VernonRd

Peac

htre

eD

unw

oody

Rd

Lake

For

est D

r

Dresden Dr

Cla

irmon

tR

d

Harts MillRd

Powers Ferry Rd

Ferry RdHeards

Mt. Vernon Hwy

Northside Dr

ConwayDr

Paces Ferry Rd

Rid

gewo

odR

d

S Atlanta Rd

Dalrymple Rd

AbernathyRd

Piedmont R

d N Druid Hill sRd

N Rock Springs RdPied

mon

t Av

e

Evans Rd

Oak G

rove

Rd

Lavista Rd

Mtn

Indu

stria

l Blvd

Lawrenceville

Hwy

PleasantdaleRd

Best Frie

nd Rd

RiversideR

d

Marietta Hwy

Timber Ridge Rd

Peachtree

Corners Cir

Barn

well

Rd

Ponce de LeonAve

Hembree Rd

Upp

er

Rd

Old

Rosw

ell

Rock Mill Rd

Haynes

Bridge Rd

Mid Broadwell RdRucker Rd

Morris

Rd

Cumming St

Alpharetta

Rd

Cogb

urn

Rd

Bethan

y Rd

Houze Rd

Mansell Rd

State Bridge Rd

Old Alabama Rd

Cra

bapp

le R

d

Chamblee - TuckerRd

Pars

ons

Ashford

DunwoodyRd

Indian Trail-Lilburn Rd

Lawrenceville

Hwy

Arcado

Beaver Ruin Rd

Rd

Lilbu

rn-

Ston

e Mtn. Rd

Five Forks

Rd

OakbrookPkwy

Beaver Ruin Rd

Jimmy Carter

Pkwy

Old Norcross Rd

HolcombBridge RdSatellite Blvd

Shackleford Rd

Graves

Rd

Jones

Mill Rd

PleasantHill

Rd

Davenport

Rd

Bunten Rd

Peac

htree Industrial Blvd

Buice Rd

Breckinridge Blvd

Her

ringt

onRd

Sever Rd

Rive

rside

Pkw

y

Lawrenceville-SuwaneeRd

Scen

ic Hw

y

Norcross RdOld

Bufo

rd D

r

Tilly Mill

Rd

Lost Mountain

GeorgiaTech

GreenbriarMall

TurnerField

MorehouseCollege

EmoryUniversity

MercerUniversity

NorthDekalb Mall

NorthlakeMall

Galleria atSouth DeKalb

The Mall atStonecrest

SouthlakeMall

Camp CreekMarketplace

Six FlagsOver Georgia

ArborPlace Mall

CumberlandMall

CobbGalleriaCentre

East-WestCommons

Six FlagsWhitewaterAtlanta

TowneCenter atCobbTown

CenterCommons

KennesawState College

PerimeterMall

PerimeterPointe

LenoxSquare Mall

Phipps Plaza

North PointMall

PleasantHills Square Gwinnett

Place Mall

DiscoverMills

The Avenueat Webb Gin

Forum Shopsat PeachtreeParkway

Mall ofGeorgia

Fort GillemHartsfield-JacksonAtlanta Intl.Airport

NorrisLake

Chattahoochee

R

iver

Chattahooch

ee River

Chattahoochee River

LakeAcworth

AllatoonaReservoir

StoneMountainLake

Georgia Intl.Horse Park

Big HaynesCreek Rec.Park

StoneMountain

Park

TribbleMill Park

SweetwaterCreek State

Park

CochranMill Park

KennesawMtn. NationalBattlefield Park

Panola Mtn.State Consrv.Park

Marietta

Roswell

Alpharetta

SandySprings

Decatur

EastPoint

ForestPark

Scottdale

Tucker

Norcross

Lawrenceville

Snellville

Loganville

Stockbridge

Union City

RiverdaleFairburn

Palmetto

Oxford

Conyers

Lithonia

Redan

Lilburn Grayson

Stone Mtn.

Auburn

Dacula

BraseltonBuford

Suwanee

Duluth

Woodstock

Kennesaw

Acworth

Emerson

Dallas

PowderSprings

Austell

Douglasville

Mableton

Smyrna

JohnsCreek

Dunwoody

Druid Hills

Doraville

Vinings

LithiaSprings

Hiram

Villa Rica

CollegePark

Hapeville

Jonesboro

PanthersvilleGresham

Park

BelvederePark

MountainPark

Sugar Hill

Downtown

Midtown

Buckhead

Morrow

HENRY COUNTY INSET MAP

ClaytonSt. Univ.

AtlantaMotorSpeedway

Galleria atSouth Dekalb

The Mallat Stonecrest

TangerOutlet Ctr.

PanolaMountainState Park

Davidson-Arabia Mtn.Park

Jonesboro Rd

Hampton-

Teamon Rd

Birdie Rd

Mcintosh

Fayetteville Jackson Rd

Jackson Rd

Keys Ferry Rd

Turner Church Rd

Smyrna Rd

McD

onough

River Rd

Panola Rd

Fairview Rd

Peeksville RdBill Gardner

Noahs Ark RdWalt Stephens Rd

Lake Rd

Airli

ne

Campground

Millers Mill Rd

Stockbridge Hwy

Klondike Rd

LocustGrove Rd

Old D

ixie

Hw

y

Evans M

ill

Finc

herv

ille R

d

Jord

an H

ill R

d

Old Atlanta

Rd

Mt C

armel Rd

Jodeco Rd

Flip

pen

Rd

Hampton Rd

McDonoughRd

RdRacetrack

Conyers Rd

Pkwy

Rd

Old

Rd

RdRd

Rd

Rd

Woolsey

Rd

HENRYCOUNTY

DEKALBCOUNTY

CLAYTONCOUNTY

SPALDINGCOUNTY

NEWTONCOUNTY

BUTTSCOUNTY

ROCKDALECOUNTY

Stockbridge

EllenwoodMorrow

Conley

Lovejoy McDonough

Conyers

HamptonLocustGrove

Jackson

BARTOW COUNTY INSET MAP

Dabbs Bridge Rd

Dallas Rd

Euharlee Rd

Sugar Valley Rd

Harden

Bridge Rd

Old Alabama Rd Gla

de R

d

Kellogg Creek Rd

Rockmart Hwy

Dou

thit

Ferry

Rd

Main St

Red Top Mtn Rd

E Main St

Holly S

pring

s Rd

Gra

ssda

le R

d

Cassville - White Rd

Joe FrankHarris

Pkwy

Hall S

tatio

nR

d

Rd

Stamp CreekRd

Peep

l es V

alle

y R

d

Rudy YorkRd

Mission

Rd

Ric

hard

s R

d

Barnsley Gardens

Red TopMountainState Park

AllatoonaReservoir

LakeAcworth

BARTOWCOUNTY

CHEROKEECOUNTY

COBBCOUNTY

PAULDINGCOUNTY

POLKCOUNTY

GORDONCOUNTY

White

Acworth

Emerson

Cartersville

Taylorsville

Kennesaw

Euharlee

Kingston

Adairsville

Cassville

Rydal

Riverwood 100

Property Information   Class “A” Office Building

x 87% Leased x 24 Stories, 502,527 sf x Built in 1989 x Covered Parking in Underground 4-Story Garage x LEED® and Energy Star® Certified

   Investment x $86.3M Total Investment * x Includes $8.0M of Planned Building and Future Tenant

Improvement Requirements x $172 psf, Significantly Below Replacement Cost x Immediately Accretive to FFO x 8.3% Average Cap Rate (Cash) Years 2012–2016 x 8.7% Average Cap Rate (GAAP) Years 2012 - 2016 x Assumption of $67.9M Loan FMV, 5.45% Effective

Interest Rate *Purchase price is net of free rent credit of $3.0M

Benefits   Distinctive Asset in Strong Submarket

(Cumberland Galleria / I-75)

   Enhances Visibility and Quality of HIW Atlanta Portfolio

   Measured Rollover and Diverse Customer Base

   Meaningful Accretion to FFO

FITNESS CENTER SUNDRY SHOP

OUTDOOR PATIO SHOESHINE