Category: Acquisition - Greenleaf

Behind the Trend of Sourcing Debt and Equity for Properties Online (Featuring Greenleaf's own Josh Friedensohn)

10/13/2020

Commercial real estate has always been a relationship based industry. Those that want to buy buildings need to know the right people to find good deals. They also need investors and lenders willing to provide the capital for what can be incredibly large purchases. Strong relationships with the right people will likely always be a valuable commodity in commercial real estate. But, technology has created a way for asset managers, investors, and lenders to expand their network in a way never before possible.

Durham NC Vetrans Clinic acquired by Greenleaf

8/12/2020

Greenleaf, an Atlanta based Real Estate Investment Firm, acquired the 26,000 square foot medical facility in downtown Durham, NC that is occupied by the Veteran Affairs Clinic.

Brett Siegel led the acquisition for Greenleaf and facilitated financing with FNB Bank. Greenleaf plans to continue stable operations of the complex, while improving features that further enable energy efficiency.
Greenleaf is excited to enter the Durham market and is continuing to seek expansion opportunities in the medical, office and apartment spaces.

Lupton, Patten and Southern Express: Three historic downtown Chattanooga structures are renovation neighbors

4/1/2020

The Lupton Building will become office space with open floor plans, kitchens on each floor and lockers and showers in the basement. Greenleaf will invest about $5 million in the renovation — and reap the benefits of buying and renovating in an Opportunity Zone that offers capital gains tax breaks to investors.

"We won't have capital gains tax on the building when we sell it, as long as we hold it 10 years," Codrea said.

Financial incentives are an important way to attract investors willing to take on the challenges of bringing old buildings back to life, Gray said.

Greenleaf acquires historic Lupton Building

11/21/2019

Greenleaf, an Atlanta based Real Estate Investment Firm acquired the Lupton Building, located in the downtown Innovation District of Chattanooga. The 55,000 building is adjacent to Miller Park, Warehouse Row and the Edney Innovation Center.

This is Greenleaf's 6th office acquisition of 2019, and brings their total square feet acquired in 2019 to over 350,000. The building will undergo a full renovation to bring it back to its original design, with tall windows, exposed timber and hard wood floors throughout . The project is slated for completion in early 2021.

Greenleaf acquires 29,000 square foot medical facility in Alpharetta Ga

9/26/2019

Greenleaf Capital Partners, an Atlanta based Real Estate Investment Firm acquired the 29,000 square foot building in Alpharetta. The asset is their 5th office acquisition of 2019, and brings their total square feet acquired in 2019 to over 300,000. The complex, located at 6240 Shiloh Rd, Alpharetta, GA 30005 serves as headquarters for Bako Diagnostics, the leading dermatological centers for podiatry in the United States.

"Bako Diagnostics is a provider of diagnostic and therapeutic services with a unique focus on pathology of the lower extremity. Bako’s comprehensive testing menu includes ENFD Analysis, Mass Spectrometry, for rapid identification of bacteria from culture specimens, and Molecular Genetics for the detection of micro-organisms and as a diagnostic aid in certain pathologic diagnoses. Bako’s in-network services are available through its more than 200 million covered lives, including all five national health plans and fully compliant patient-friendly billing policies. Over the past nine years, Bako has evolved into one of the podiatric profession’s principal sources of educational sponsorship."

Find More at https://bakodx.com/

Greenleaf Acquires 15,000 sq. ft. Class A medical center in "Pill Hill" area of Atlanta

9/23/2019

Greenleaf Capital Partners, an Atlanta based Real Estate Investment Firm, acquired the 15,0000 square foot MNG Labratories office building located at 5424 Glenridge Dr, Atlanta, GA 30342.

The facility is a Class-A medical office with a complement of lab and open desk work space located in the “Pill Hill” healthcare area of North Atlanta. MNG Labs, which was recently acquired by LabCorp (S&P 500 company and leader in medical testing) and has leased the entire building.

Greenleaf acquires 110,000 Sq Ft. Office Park in downtown Chattanooga

9/20/2019

Greenleaf Capital Partners, an Atlanta based Real Estate Investment Firm, acquired the 110,000 square foot Tennessee Valley Tech Center (TVTC) in downtown Chattanooga. The 2 story LEED Certified office building is located in the downtown Opportunity Zone district and is also near the waterfront and future GM redevelopment areas. The complex has a mixture of local business tenants. (Should we name the local tenants?) KeyBank provided financing for the project.

Greenleaf plans to continue stable operations of the complex, while improving features that further enable the LEED Certification and energy efficiency.

Greenleaf acquires 110,000 Square Feet in Norcross, Georgia

7/12/2019

Greenleaf Capital Partners acquired the 110,000 square foot garden style office park in Norcross, Georgia known as "The Crossings VI". The complex is located in one of the new federal opportunity zones and will undergo a face lift with new exterior designs being completed with new windows, concrete siding and color scheme. The interiors of the complex will be transitioned from the dated office layouts to a more modern open flowing design. Greenleaf expects the project renovations to be completed in the next 18 months.