Koelbel and Company Buys Northridge Center

Staff Report

Friday, August 5th, 2022

 Koelbel and Company, a family-owned, Colorado-based real estate company with a 70-year history, continues its national expansion with the recent closing of Northridge Center – the company’s first commercial investment property in the Atlanta area. The Class A suburban office property located at 365 & 375 Northridge Center Road is in North Atlanta’s most desirable business and residential location, featuring an exceptional office environment for businesses seeking high-quality, convenient space just north of the Central Perimeter. The 189,212 square foot suburban office complex, which spans two buildings, will be updated to attract and retain new tenants who want to shorten commute times and are seeking high quality amenities. While this is the first Georgia-based project Koelbel and Company has purchased, they are actively looking to acquire additional office properties in the Atlanta market 
Koelbel and Company is at the forefront of identifying innovative real estate trends and meeting the ever-changing demands of the market and we recognize the workplace has changed dramatically in recent years,” said Walt Koelbel, Vice President Commercial Real Estate for Koelbel and Company. “Companies are adapting to a labor force that favors flexible schedules and shorter commutes and are emphasizing a flight to quality.”  
Koelbel will utilize its 70-years of expertise to make strategic improvements to Northridge Center including the addition of a tenant lounge, common conference room and ready-to-move-in spec suites as well as enhancements to common areas and exterior amenities. Northridge Center offers flexible floorplans and on-site amenities that include a fitness center and cafe, along with direct access to dozens of surrounding dining, shopping and entertainment options.