DULUTH, GA. — RexxHall Realty has acquired a six-building, 250,000-square-foot office portfolio in Duluth, a suburb of Atlanta. The portfolio is located in the Chattahoochee Corners office park. This the first time since 1998 that a single entity has owned Chattahoochee Corners — RexxHall previously acquired 250,000 square feet of office space from The Alter Group at Chattahoochee Corners in August 2013. RexxHall plans to make capital improvements to the park, including a new full-service fitness center, improved running trails, food truck program and completion of its fiber optic network. Including this transaction, RexxHall owns approximately 700,000 square feet of office space in metro Atlanta. Tom Shafer of CBRE represented the undisclosed seller in the transaction. Bryan Heller, Heather Lamb and Peter McGuone of CBRE have been given the leasing assignment for the park. Alter Asset Management will handle property management services for the park.
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