Press Releases

Transwestern Negotiates Transaction on Behalf of OA Development

April 04, 2024


ATLANTA – Transwestern Real Estate Services (TRS) announces its Atlanta Agency Leasing team has completed a 101,891-square-foot headquarters renewal for Pond, an engineering, architecture, planning and construction management firm, at Peachtree Ridge, a 160,000-square-foot office building at 3500 Parkway Lane in Norcross, Georgia. Pond has been a tenant since 2005 and now occupies 64% of the building. Transwestern’s Chip Roach provides Agency Leasing services for the Class A, 7-story office property on behalf of the owner, OA Development.

“Pond has maintained its headquarters at Peachtree Ridge for 19 years largely due to ownership’s commitment to providing a high-quality office environment,” said Roach, a Senior Managing Director at Transwestern. “We’re thrilled to help expand this great partnership by facilitating a win-win renewal in a tough market.”

Peachtree Ridge recently completed lobby and landscaping enhancements, including expansive glazing

on the lobby floor, maximizing the flood of natural light that filters through two-story windows, updated finishes, new lighting and contemporary artwork. Renovations to the conference room and fitness center are expected this year.

Located in the heart of Peachtree Corners, Peachtree Ridge provides easy access to Peachtree Parkway and Peachtree Industrial, and convenience countless amenities.

An image of the property is available for download here.

About OA Development
Founded in 1993, OA Development is a privately-held, integrated commercial real estate firm that invests in and manages office and industrial assets throughout the Southeast that total 2.1 million sq. ft. The company’s expert team curates sound investments, operates with transparency, sustains loyal partnerships and captures consistent value. The firm has raised more than $184 million in capital/equity to acquire opportunistic commercial real estate. For more information, visit oadevelopment.com.

About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.

Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.

Media Contact:
Jaime Luckey
678.521.3474
jaime@luckeycomms.com
twmediarelations@transwestern.com

Chip Roach

Senior Managing Director

Atlanta, Georgia

(404) 842-6539