The Ardent Companies, a real estate investment and asset management firm headquartered in Atlanta, GA, has purchased three industrial buildings at 279 Ottley Drive (49,500 SF), 221 Armour Drive (47,775 SF), and 219 Armour Drive (15,660 SF). Michael Anderson of Cresa Global, Inc. represented The Ardent Companies in this transaction.

The new owner plans to convert the buildings into loft office space in response to growing demand in this boutique development. The Armour Yards district is uniquely situated within the urban core and offers an environment attractive to a variety of growing businesses seeking non-traditional office space.

“Armour Drive is centrally located off I-85, I-75, and GA 400 between Buckhead and Midtown, easily accessible from the Lindbergh MARTA station,” said Scott Werbel, Managing Director at The Ardent Companies. “The area has convenient walkable amenities adjacent to the proposed Beltline and Path 400 trails.”

The buildings are within walking distance of the popular SweetWater Brewery and ASW Distillery. Other tenants within the development include East Pole Coffee Co., Fox Brothers, Coyote Logistics, and Atlanta Track Club.

According to the GA Department of Transportation, upcoming infrastructure improvements in the immediate area include widening and adding lanes, construction of a single lane roundabout, and elevating a sidewalk connection for pedestrian and bike use.