Octave Holdings & Investments, LLC (Octave) announced the disposition of Alpharetta Summit, located at 6225 Alpharetta Hwy in Alpharetta, Georgia, in a transaction valued at approximately $6.9 million. The approximately 37,964 square feet  property is anchored by Davita Dialysis and New Height Academy.

Originally constructed in 2008, Alpharetta Summit is located approximately three miles from the GA-400 and US-19 McFarland Parkway exit, with convenient access to Atlanta Highway, which records approximately 18,000 average annual daily traffic. The property benefits from its location in an affluent suburban market characterized by a strong daytime population, numerous businesses, and sports clubs. The surrounding 10-mile trade area includes a population of approximately 493,824, with an average income of approximately $144,252. 

“We are pleased with the outcome of this transaction and the strong, long-standing relationships that contributed to its success,” said Sridhar Marupudi, Chief Executive Officer of Octave Holdings & Investments. “Alpharetta Summit exemplifies the strength of well-located commercial real estate supported by established tenancy, durable demand and a strong surrounding market. The transaction reflects our disciplined approach to asset management and our focus on creating and realizing long-term value across our portfolio. Our team was able to develop a creative seller financing structure that was beneficial to all parties, which in turn provided significantly higher returns to our investors.”

“This transaction demonstrates the value of our vertically integrated approach,” said Zia Rahman, Chief Strategy Officer at Octave Holdings & Investments. “Through the expertise of our in-house Pinnacle Leasing & Management team, we were able to integrate leasing and property management with our broader asset management strategy, strengthen a long-standing tenant relationship and drive value throughout the ownership lifecycle. That alignment was instrumental in positioning Alpharetta Summit for a successful outcome.”