Wildwood Center has been successfully refinanced, commercial real estate firm Vision Properties has announced. This is one of the largest recapitalizations for a metro Atlanta office building this quarter, according to a news release.
The 692,707-square-foot office building located in northwest Atlanta has also seen 262,680 square feet of recent lease transactions, including new leases and renewals.
Vision Properties is also adding 25,000 square feet of spec suites on the building’s top floor that are expected to be delivered in mid-2024.
“With the refinancing for Wildwood Center now complete, the building is stabilized for long-term success and is capable of supporting the growth of future tenants,” said Anthony Arena, principal at Vision Properties. “Paired with the recent leasing momentum, Wildwood Center continues to be a well-positioned asset for prospective tenants.”
The 11-story Wildwood Center located one mile from Truist Park and The Battery has panoramic views of the Atlanta skyline and Chattahoochee River National Park. The campus features free covered parking and an on-site property management team.
Vision Properties has invested “significant capital” into upgrading the Class-A building and its amenities, including the new lounge, conference center and cafe. Ownership of the fitness center has also been brought in-house rather than a third-party operator, according to the news release.
JLL Executive Vice Presidents David Horne and Glenn Aspinwall and Vice President Alexis Easterling handle leasing efforts for Wildwood Center.
“The location of Wildwood, combined with its amenities, creates the modern workplace experience that companies need to recruit talent and grow their business,” Horne said.
