Six-Story Office Building 3301 Windy Ridge in Atlanta’s Cumberland-Galleria Submarket Trades Hands for $19 Million

Atlanta, GA – August 2, 2019 – CBRE has arranged the sale of 3301 Windy Ridge, a six-story 106,574-sq.-ft. office building located within the Wildwood Office Park, just minutes from the intersection of Interstates 285 and 75 in Atlanta’s Cumberland-Galleria submarket. The property is situated adjacent to the 1,700-acre Chattahoochee River National Recreation Area, and features a distinct architecture, a wellness area, and small suite sizes. The individuals Jeff Lopez and Christian Lopez acquired the asset for $19 million.

CBRE’s Tom Shafer and John Hinson represented the seller, a joint venture between Greenstone Partners and RSF Partners, in the transaction. CBRE’s Heather Lamb and Parker Nelson have been hired to lease the future availabilities in the building.

“We acquired 3301 Windy Ridge because it is a high-quality building in a great location. The Battery & Suntrust Park are a few minutes away - providing a fantastic amenity to our tenants. The close proximity to two major interstates is ideal for commuters coming from many parts of Metro Atlanta,” said Christian Lopez.

The Wildwood mixed-use development has been a premier corporate destination since noted developer Cousins Properties conceived of the project in the early 1980s. 3301 Windy Ridge and its sister buildings continue to attract high caliber corporate tenants such as DPR Hardin, Allstate Insurance, Hyundai Capital America and GE Power Systems headquarters. The eight Wildwood buildings currently exhibit an average occupancy 85% and have averaged 89% over the past 20 years. 3301 Windy Ridge was 98% leased to a diverse tenant roster at the time of sale.