Northpark — Sale in Atlanta, GA

  • Price: $42
  • Listing type: For sale
  • Asset type: Office
  • Location: Atlanta, GA 30328
  • Year built: 1998

Photos

Northpark — Sale in Atlanta, GA, photo 1 of 8
Northpark — Sale in Atlanta, GA, photo 2 of 8
Northpark — Sale in Atlanta, GA, photo 3 of 8
Northpark — Sale in Atlanta, GA, photo 4 of 8
Northpark — Sale in Atlanta, GA, photo 5 of 8
Northpark — Sale in Atlanta, GA, photo 6 of 8
Northpark — Sale in Atlanta, GA, photo 7 of 8
Northpark — Sale in Atlanta, GA, photo 8 of 8

Description

The Institutional Capital Markets Group of Jones Lang LaSalle, Inc. (JLL) is pleased to present the exclusive opportunity to acquire Northpark, a best-in-class, three-building office portfolio totaling approximately 1.5 million square feet within the Central Perimeter, Atlanta’s largest submarket. Northpark presents a rare opportunity to acquire a premier, institutionally maintained office campus with robust value-add potential. The portfolio is currently 75% leased, supported by a blue-chip and investment-grade tenant roster, with a weighted average lease term of 5 years. Over the past twelve months, Northpark has executed just under 400K square feet of leasing activity, with 80% of recent activity represented by investment-grade or Fortune 500 companies. Most notably, AT&T signed in Q1 2026 for 166K square feet, boasting the largest lease across Atlanta this year. Ownership has demonstrated a commitment to the asset through a comprehensive $42 million capital improvement program over the past five years, modernizing building systems, enhancing amenities, and investing in basic building improvements. Northpark’s central, highly amenitized location offers unparalleled access and visibility, placing tenants at the center of Central Perimeter’s ongoing walkable, mixed-use transformation. This combination of existing tenancy, institutional ownership, and ability to drive occupancy ensures Northpark is poised for secure income and compelling future value creation.

Market Context

This office in Atlanta, GA is listed for sale at $42. The building dates to 1998. Compare it against other office listings for sale in Atlanta, GA — view the full market.

As of Q2 2026, the Atlanta office market showed a 24.9% vacancy rate, average asking rents near $33.62/SF/yr, and rents up 0.9% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

Is the Atlanta office market tightening or softening?
Vacancy is around 24.9%, with asking rents rising year over year (Q2 2026).

Contact

Explore this market

Similar Office for Sale in Atlanta, GA