Dilweg Purchases Collection of Office Spaces in Metro Atlanta’s Roswell Community
1000 Holcomb Woods Parkway is Comprised of Four Single Story Buildings
ATLANTA (November 15, 2021) — Dilweg, a leading Southeast real estate investment firm, today announces the purchase of Holcomb Woods, a single story office park located just outside of Atlanta in Roswell, GA. The park is made up of four one-story buildings, which consists of approximately 244,000 square feet of office space. It was previously owned by RexxHall Realty.
“We are increasingly focused on single story offices and believe that it will continue to play a significant role for office users, especially in our current environment,” said Blake Underwood, Managing Director of Acquisitions for Dilweg. “A growing number of tenants are seeking hassle-free spaces in creative, collaborative buildings. Holcomb Woods, once renovated, adds another option for users seeking unique experiences within our single story portfolio in Atlanta.”
Of Holcomb Woods’ most notable tenants is OTR Capital, a transportation-focused factoring company recognized as one of the “Top Workplaces in Atlanta” by the Atlanta Journal-Constitution. OTR Capital employs more than 250 team members and occupies approximately 46,000 square feet of office space at its Holcomb Woods headquarters.
Holcomb Woods is conveniently located off Holcomb Bridge Road just north of Atlanta in Roswell, GA. The property offers direct suite access, abundant surface parking, and significant green space with walkable access to the Big Creek Greenway trailhead. Dilweg plans to implement $4 million in improvements to the landscaping, signage, indoor and outdoor amenity spaces, and building exteriors.
JLL’s Huston Green represented RexxHall Realty in the sale. Collier’s Jessica Doyle, Heather Lamb, and Mark Maggard will represent Dilweg in future leasing efforts.
Dilweg is the expert, strategic commercial real estate investment firm that consistently generates risk-adjusted returns for investors by resourcefully uncovering unique opportunities and intently focusing on result-centric execution. With offices in Durham, Atlanta, Charlotte, and Tampa, Dilweg is a full-service real estate organization, whose mission is to deliver long-term value to its investors, tenants, and the community. Since its beginnings in 1999, the firm has acquired more than $1.34 billion in asset value and more than 11.1 million square feet throughout the Southeast. In recent years, the firm shed many of the non-strategic assets and concentrated the majority of acquisitions on Class-A office buildings, primarily in the Atlanta, Charlotte, Nashville, Tampa and Raleigh-Durham metros. In the process, the firm established itself as a high-quality investor and operator of opportunistic and value-added, middle-market ($15 million to $100 million) office assets.