Northside Hospital purchased Glenridge Point, a 184,912-square-foot office complex in Sandy Springs, Ga. Richmond Honan Development & Acquisitions sold the two-building property for $14.2 million.

Colliers Tom Davenport and Dany Koe worked on behalf of the receiver, B. Riley Advisory Services.

Commercial Edge reports the office complex was last traded in 2018 when Richmond Honan acquired it for $44.5 million in a portfolio transaction from Pope & Land Enterprises. Located at 100 and 200 Glenridge Point Parkway, the property is at the intersection of Interstate 285 and Georgia Highway 400. The office complex is near the Pill Hill medical hub and some 14 miles from downtown Atlanta.

Completed in 1970 on 3.6 acres, the five-story Glenridge Point underwent renovations between 1999 and 2016. Its amenities include an outdoor space with seating and EV parking spots. 

The tenant roster includes eVestment and Keller Williams Realty First Atlanta.

EDENS, owner and developer of over 100 open-air retail and mixed-use shopping centers, has unloaded Fountain Oaks in Sandy Springs. Jamestown, the buyer, paid $48 million for the 160,000-square-foot center, which is anchored by a Krogers supermarket.

Fountain Oaks is 98% leased by 38 tenants. The center was built in 1988 and renovated in 2003.

The Fountain Oaks deal is another venture into Sandy Springs for Jamestown. The Atlanta Business Chronicle reports In 2018, Jamestown paid $94 million for the Exchange at Hammond and Parkside Shops shopping centers. In addition to Ponce City Market, Jamestown owns Westside Provisions District and Buckhead Village.

JLL represented EDENS in the sale of Fountain Oaks. EDENS owns or operates centers in 16 states.