Cumberland Area Sales

Cumberland Area Sales
Circle 75 Parkway, 57 acres, $34.2 M
Heights at Stillhouse, $71.5 M
The Park at Vinings, $49.5 M
Spring Hill Parkway - 13 acres,
$3.5 M
5. Spring Hill Parkway - 11 acres,
$1.7 M
6. Windy Ridge Parkway 25 acres, $14.9 M
7. Windy Hill Terrace, $7.6 M
8. 1900 The Exchange, Unit 100, $1.1 M
9. The Towers at Wilwood, 3200 Windy Hill
Road, $118 M
10. Red Lobster, 2579 Cobb Pkwy, 3.41 M
11. Oak Park of Vinings, $11.7 M
12. Alexan City View, part of 3300
Cumberland Boulevard, $5.6 M
13. Homewood Suites Hilton, $11.8 M
14. CEC Entertainment/Showbiz Pizza
(aka Chuckie Cheese), $2.7 M
15. Men’s Warehouse & Chase Bank,
2905-2931 Cobb Parkway, $13.1 M
16. Residence Inn Atlanta Cumberland
Galleria, $12.5 M
17. DoubleTree Suites Hilton Atlanta Galleria, $12.6 M
18. 2580 Windy Hill Road, $3.85 M
19. Overlook I, $19.3 M
20. Overlook II, $31.5 M
21. Westdale Forest Apartments,
3900 Paces Walk, $27.2 M
22. Gables at Wildwood Apartments, $67 M
23. Cumberland Boulevard - 6.7 acres, $9.2 M
24. Mission Galleria Apartments, $27 M
25. Parkwood Point, $39.25 M
26. Genuine Parts Headquarters
27. Wildwood - 14.6 acres, $3.3M
2016
2015
2014
2014
1.
2.
3.
4.
43
9
27
29
8
7
25
260
22
18
48
35
259
260
24
26
6
10
259B
1
259A
17
32
2015
258
47
14
44
15
3
23
13
30
34
37
40
2
259A
41
39
12
38
19
42
20
46
28
36
31
2016
48. MCP Ackerman Corporate Forum LLC to Stadium Walk Apartments LLC, $11.1 M
21
11
45
16
28. Lakes at Vinings, 2800 Paces Ferry Road, $44.7 M
29. Wildwood - 6.6 acres, $1.5 M
30. Stone Ridge at Vinings, $37.1 M
31. Old Vinings Inn, 3011 Paces Mill, $1.6 M
32. 1100 Overton-Akers Mill - 12.75 acres, $1.9 M
33. Fairfield Inn & Suites Atlanta Vinings, $8.6 M
34. Stillhouse Townhome Development, $2.1 M
35. CRIF Lending Solutions, 280 Interstate
North Circle, $15.5 M
36. Westminister Apartments, $43.5 M
37. Parkway Pointe Retail, $44.3 M
38. Overlook Parkway - 3.14 acres,
$1.7 M
4
39. Riverwood Parcel 5, $7.1 M
40. Riverwood 200, $43.5 M
5
41. Madison Vinings Ridge, $75.5 M
42. 2500 Cumberland Pkwy, $21 M
43. 1220,1250,1310 & 1320 Terrill Mill Rd,
$3.6M
44. Gilmore Rd & Beechhaven Tr.,
$2.05M
45. 300 Galleria to Piedmont 300 ,
$88.3M
46. Paces West, 2727 Paces Ferry,
$112 M
47. Hyatt Hotel, Cumberland Blvd,
33
$26.5 M
Cumberland Area Property Sales
2014 Purchase Price - Map Location Number
Alexan City View
January - Circle 75 Parkway, 57 acres - TA Value $325,000 an acre, sold to Atlanta Braves (BRED CO), $34.2 M - 1.
February - Heights at Stillhouse - TA Value $28.5 M, sold to Bells Partners who renames it Bells Vinings, $71.5 M - 2.
March - The Park at Vinings, 3000 Spring Hill Parkway - TA Value $48 M, sold to Vinings Inv, $49.5 - 3.
March - Spring Hill Parkway, 13 acres - TA Value $1.7 M, sold to Core Highpoint, $3.4 M - 4.
March - Sping Hill Parkway, 11 acres - sold to Core Highpoint, $1.7 M - 5.
April - Windy Ridge Parkway, 25 acres - TA Value $325,000 an acre, sold to Atlanta Braves (BRED CO), $14.9 M - 6.
May - Windy Hill Terrace - TA Value $8 M, US National Bank Foreclosure September 2013, sold to DF Windy Hill, $7.6 M - 7.
July - 1900 The Exchange, Unit 100 - TA Value $1.15 M, sold to Richmond Graduate University, $1.1 M - 8.
August - The Towers at Wildwood, 3200 Windy Hill Road - TA Value $89.5 M, sold to Wildwood Owner (Foreign), $118 M - 9.
August - Red Lobster, 2579 Cobb Parkway - TA Value $1.9 M, sold for $3.4 M - 10.
August - Oak Park of Vinings - TA Value $10 M, 168 multifamily units, 14 developed and 2.3 undeveloped acres sold for $11.7 M - 1.
August - Alexan City View, part of 3300 Cumberland Boulevard, 2.7 acres - TA Value $2 M, sold to AV Apartments, $5.6 M - 12.
September - Homewood Suites Hilton - TA Value $7.6 M, sold to Blackstone Real Estate (NY), $11.8 M - 13.
September - CEC Entertainment/Showbiz Pizza (aka Chuckie Cheese) - TA Value $1.7 M, sold to National Retail Properties, $2.9 M - 14.
September - Men’s Warehouse/Chase Bank, 2905 - 2931 Cob Parkway - TA Value $4.6 M, sold to Farmers Branch LLC, $13.1 M - 15.
September - Residence Inn Atlanta Cumberland/Galleria - TA Value $5.3 M, sold to Blackstone Real Estate (NY), $12.5 M - 16.
September - DoubleTree Suites Hilton Atlanta Galleria - TA Value $8.6 M, 2.86 acres sold to Encore, $12.6 - 17.
October - 2580 Windy Hill, Starbucks/Panda Express - TA Value $2.4 M, sold to 2580 Windy Hill Investors, $3.85 M - 18.
October - Overlook I - TA Value $11.8 M, sold to GVAOII, Goddard Investment Group, $19.3 M - 19.
October - Overlook II - TA Value $24.2 M, sold to GVAOII, Goddard Investment Group, $31.5 M - 20.
October - Westdale Forest Apartments, 3900 Paces Walk - TA Value $15.1 M, 308 multifamily units, sold for $27.2 M - 21.
October - Gables at Wildwood, 1000 Shadowood Parkway - TA Value $50.7 M, 546 multifamily units, sold for $67 M - 22.
October - Cumberland Boulevard, 6.7 acres - TA Value $5.9 M, sold to Oxford Encore Apartments, $9.2 M - 23.
November - Mission Galleria Apartments, Herodian Way - TA Value $18.4 M, 416 multifamily units, 85% occupied, sold for $27 M - 24.
December - Parkwood Point, 2018 Powers Ferry - TA Value $35.2 M, sold to NP Parkwood, $39.3 M - 25.
December - Genuine Parts Headquarters - sold to Atlanta Braves (BRED CO), Part of sponsorship deal - 26.
December - Wildwood, 14.6 acres - TA Value $2.5 M, sold to JWC Rivers Call LLC for townhome development, $3.3 M - 27.
2015 Purchase Price - Map Location Number
Circle 75 Office Park
SunTrust Park/The Battery Atlanta
February - Lakes at Vinings, 2800 Paces Ferrry Road - TA Value $43.8 M, multifamily development on 38 acres, sold for $44.7 - 28.
February - Wildwood, 6.6 acres - TA Value $1 M, sold to Genuine Parts for 6-story 200 K sq ft headquarters, $1.5 M - 29.
February - Stone Ridge at Vinings - TA Value $37.1 M, sold to Stone Ridge LP & Stone Ridge Vinings, $37.1 M - 30.
February - Old Vinings Inn, 3011 Paces Mill - TA Value $750 K, sold to Panacea Land Management Group, $1.6 M - 31.
March - 1100 Overton -Akers Mill, 12.75 acres - sold to Akers 75 LLC for $149 K an acre, TA Value $.8K $1.9 M - 32.
April - Fairfield Inn & Suites Atlanta Vinings - TA Value $7.3 M, sold to ARC Hospitality Portfolio, $8.6 M - 33.
April - Stillhouse Townhome Development - Total TA Value for 39 townhomes $1.25 M, sold 18 TH lots to Traton Homes, $2.1 M - 34.
June - CRIF Lending Solutions, 280 Interstate North Circle - TA Value $9.8 M, sold to CRIF Solutions for new US headquarters, $15.5 M - 35.
June - Westminister Apartments - TA Value $25. 8 M, sold to Wicker LLC, $43.5 M - 36.
June - Parkway Pointe Retail - TA Value $24.9 M, sold to Parkway Pointe FCA, $44.3 M - 37.
June - Overlook Parkway, 3.14 acres with tennis courts - TA Value $193 K, Atlantic Capital Bank to Vinings Overlook LLC, $1.7 M - 38.
June - Riverwood Parcel 5 - TA Value $1.7 M, sold to Bayrock Investment, $7.1 M - 39.
June - Riverwood 200 - TA Value $2.9 M, sold to Highwood Properties, $3.4 M - 40.
September - Madison Vinings Ridge - TA Value $53.7 M, sold to Titan Real Estate Investment Group, $75.5 M - 41.
September - 2500 Cumberland Pkwy - TA Value $13.8 M, sold to Noro Isle, LLC, $21 M - 42.
September -1220, 1250, 1310, & 1320 Terrell Mill Rd., sold to Pulte Homes, TA Value $2.6M, sold to Pulte Homes, $3.6M - 43.
September - Gilmore Rd & Beechhaven Tr. TA Value $.674 M, sold to Pulte Homes, $2.05M - 44.
November - 300 Galleria, TA Value $52M, sold to Piedmont 300, $88.3M - 45.
November - Paces West, 2727 Paces Ferry Road, $112 M - 46.
December - Hyatt Hotel, Cumberland BLVD, $26.5 M - 47.
2016 Purchase Price - Map Location Number
January - MCP Ackerman Corporate Forum LLC - TA Value $9.9 M, sold to Stadium Walk Apartments LLC, $11.1 M - 48.
Wildwood Office Park
In 2015, properties in the Cumberland CID on average sold 125%
above tax assessor values.
This list is gathered through the public records for Cobb County and does not claim to be exhaustive.
Some property sales involved multiple parcels.