Transwestern To Represent New Owner Serac Capital Partners LLC
April 21, 2021
Atlanta – Transwestern Real Estate Services (TRS) announces it has been selected to provide Agency Leasing and Asset Services for Bailey Park, a flex office/industrial property composed of four single-story buildings and one two-story building at 1000 Cobb Place Boulevard in Kennesaw, Georgia. Transwestern’s Matt Spickard and Parks Brown will provide leasing services, and Russell Lipscomb will provide asset services on behalf of owner Serac Capital Partners LLC, a Houston-based private equity firm that acquired the asset this month.
“We’re thrilled to partner with Serac Capital Partners to provide cohesive, personalized leasing and management services for Bailey Park and its tenants,” said Spickard. “The property offers a unique office park setting for companies that need both creative office and flex warehouse space.”
Spanning 17.6 acres and totaling 197,549 square feet, Bailey Park provides an office to warehouse ratio of 75% and 25%, respectively, with clear heights from 12 feet to 18 feet, rear building entry, and generous surface parking.
Situated in Atlanta’s northwest submarket, Bailey Park is located near Barrett Park, a 1,000-acre, mixed-use complex totaling more than 2.8 million square feet of office and industrial space adjacent to Cobb County Airport. The property benefits from access to numerous retail and dining amenities, a strong employment base, and major roadways, including Interstate 75, which provides connectivity to metro Atlanta and nearby communities.
About Serac Capital Partners, LLC
Serac Capital is a data-driven real estate investment management firm that creates exceptional values for its investors, clients, and communities. We hire intellectually curious and creative people, provide a fun but professional work environment, and give back by volunteering quarterly and by donating at least 5% of our profits, before bonuses, annually.
Serac Capital acquires value-added and opportunistic assets in four property types: office, industrial/flex, multifamily, and neighborhood retail. We focus on 12 sunbelt markets and projects where our unique experience and hands-on approach can add value. Target markets include Raleigh/Durham, Charlotte, Nashville, Atlanta, Dallas/Ft. Worth, Austin, San Antonio, Houston, Denver, Phoenix, San Diego, and Orange County/Los Angeles. Learn more about Serac Capital Partners at www.seraccapital.com.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.