The Agency North Atlanta Selected to Represent Two New Mixed-Use, Flex-Space Developments in Atlanta

Staff Report

Monday, August 1st, 2022

The Agency North Atlanta proudly announces it has been selected by leading local developer, PW Development to represent its two latest multi-use, flex-space communities, Personal Warehouses and Stables Motor Condos, which will ultimately bring approximately 130,000 square feet of first-of-its-kind garage condos to the rapidly growing North Atlanta metro region. Jeff Beal and Chad Lagomarsino, Managing Partners of The Agency North Atlanta, will lead the sales and marketing of the two commercial developments designed for small businesses and motorsports enthusiasts across metro Atlanta, with a combined estimated sell-out value of more than $50M.

Stables Motor Condos and Personal Warehouses have entered into a joint development agreement allowing both firms to co-develop the two communities. With existing Personal Warehouse projects in Colorado and Texas, these multi-use, flex-space developments are the first two projects of many to come, between these two partners, in Georgia and the southeastern United States.

“Personal Warehouses and Stables Motor Condos are a perfect complement to each other,” says Steve Garrison, Founder of PW Development and Personal Warehouse. “The ability to have these two communities in one location is a great benefit to our collective client base. Over the past year, PW Development and Stables Motor Condos have been working together on numerous deals, and we’re thrilled to be officially breaking ground on both developments.”

The first development, which is located in Alpharetta, Georgia, comprises more than 73,000 square feet of multi-use space and is currently offered as a private garage/storage condominium facility with 38 private garage condos, in addition to 29 personal warehouses designed for work, store and play. The estimated completion date is Spring 2023 and more than 20% of the units are already reserved. Located at 5705 Stables Way, the project officially breaks ground on July 21, 2022 and has an estimated total sales value of $30M.

The second development located in Buford, Georgia, encompasses more than 56,000 square feet and is set to break ground on August 4, 2022, with a scheduled completion in Spring 2023. Located at 4375 South Lee Street Burford, the project will feature 28 private garage condos and 17 personal warehouse units. The estimated total sales value is $23M.

“On the heels of launching The Agency’s first office in Georgia, we are so excited to be representing these developments and officially break ground in Alpharetta with Buford following a few weeks after,” stated Jeff Beal, Managing Partner of The Agency North Atlanta. “Through our partnership with Personal Warehouse, we are committed to offering an incredible product for car enthusiasts and fill the demand for private garage condos while creating an entirely new type of product for those who need alternative space.”

Founded in 1999, PW Development has pioneered the design, development, and evolution of the Personal Warehouse™ product into a completely new class of real estate designed specifically to Work – Store – Play™. For sale or for lease, personal warehouses are ideal for anyone in need of a little extra space and are available at a fraction of the price and size of other alternatives. Personal Warehouses are perfect for small businesses that need flexible areas for creative offices, fabrication, warehousing, shipping, and receiving and so much more. Personal Warehouse is a modern-day solution for innovative, smaller, more affordable space.

Founded in 2017, Stables Motor Condos is a private garage/storage condominium facility for car collectors, motorsports enthusiasts, RV/boat owners, hobbyists, or anyone who needs extra space for business or personal storage. The complex is designed as a resort-style country club and represents the next generation in car storage, purposely built to fit the modern lifestyle.

Earlier this summer, global real estate brokerage The Agency launched its new office in North Atlanta, Georgia. Located in Alpharetta, The Agency North Atlanta serves buyers and sellers across the Atlanta metro area and its surrounding suburbs. This marks The Agency’s first office in the state of Georgia, adding to the firm’s growing list of offices along the east coast.

To learn more about the developments and for additional information about pre-construction reservations, please contact Jeff Beal at (470) 799-1017.