Transwestern's Southeast Investment Services Group is pleased to exclusively present for sale Baltimore Block (the Property), a unique blend of office and residential units totaling 121,915 RSF of leasable space located in the SoNo neighborhood of Atlanta’s premier Midtown submarket.The original historic building, constructed in 1885 as row homes, underwent an expansion and conversion to office in 1989, connecting the historic and modern sections via a four-story atrium. This expansion also included the addition of a 187-space structured parking deck. Later renovations in 2017 further enhanced the Property. Today, the Property comprises 97,062 RSF of office space, featuring a mix of creative loft and medical office areas, alongside 15 luxury residential units totaling approximately 24,853 RSF, all under a master lease to Sonder via a RevPar agreement. Strategically situated next to Emory University Hospital Midtown, Baltimore Block has demonstrated consistent leasing activity, maintaining a high occupancy rate over the past five years. The building boasts an attractive and varied tenant mix, with a significant portion from the medical sector drawn to the area by Emory’s prominence, including anchor tenant Emory University Healthcare System. As Midtown undergoes economic growth, attention shifts to nearby areas like SoNo, drawn by its location and opportunities. The influx of investment fuels development, transforming SoNo into a sought-after destination for businesses and residents. Baltimore Block’s location within SoNo and its proximity to major transportation hubs and renowned educational institutions provides an opportunity to capitalize on the momentum generated by the neighborhood.
- Property Type : Office
- Class : A
- Listing Size : 121,915
- Year Renovated : 2019
- Year Built : 1885
- Stories : 5
- Typical Floor Size : 25,000