The agency scoops up a four-story building a short walk from the Eastside Trail, where office rents have soared.
The Beltline purchased the Willoughby building for $16.5 million, stating that the acquisition was to keep commercial prices affordable in the corridor. (Miguel Martinez/AJC)
The Atlanta Beltline has acquired an office building along the Eastside Trail in a move it says will preserve affordable commercial space in “one of Atlanta’s most competitive and rapidly evolving corridors.”
The agency, which oversees the development of the 22-mile loop of trails and parks, paid $16.5 million for a four-story office building known as the Willoughby, according to property records.
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The entrance to the Willoughby, which is located near the Beltline’s Eastside Trail. (Miguel Martinez/AJC)
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Amy Wenk is the consumer brands reporter for the AJC.
