(RH) Gallery<\/a> at the Estate in Atlanta’s Buckhead. The deal marks a strong opportunity to own a highly-visible retail property that is generating high sales volumes on an underutilized land parcel at one of the most trafficked intersections in the Atlanta market.<\/p>\nHigh-performing opportunity<\/h2>\n
Located at 3030 Peachtree Road N.W., the 63,831-square-foot retail asset completed in 2014 is one of the largest Design Gallery concept stores opened by RH, falling in line with the company\u2019s strategy to blend experiential showrooms with online sales. The six-story building enables RH to showcase their full product line and it provides flexibility as the company continues to innovate its store configuration and merchandise concepts. The property features a multi-story central hall, barrel-vaulted passageways, a spacious outdoor area at the top of the building and an estate garden with a pool including furniture items on display. RH Atlanta is located on almost two acres and was designed by Gillam & Kroeger.<\/p>\n
\u201cWe are pleased to have acquired this iconic and high-performing property leased to a best-in-class retailer that understands how to leverage the power of well-located real estate to gain multi-channel market share. RH has demonstrated a bold ability to continuously improve the experience for their customers.\u00a0 As a provider of flexible capital, we are positioned to provide real estate solutions to support a dynamic tenant like RH, as their full-line design gallery concept matures and grows<\/em>,\u201d Joseph Munoz, investment officer for LaSalle\u2019s Income & Growth fund series, said in a prepared statement.<\/p>\nImages courtesy of Restauration Hardware<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"The six-story 63,831-square-foot retail which opened in 2014 has enabled Restoration Hardware to showcase their full product line and has provided flexibility as the company continued to innovate its store configuration. <\/p>\n","protected":false},"author":1055,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742,21749],"tags":[36914,33722,36913],"class_list":["post-1004184831","post","type-post","status-publish","format-standard","hentry","category-atlanta","category-deals","category-latest","category-retail","tag-backen-gillam-kroeger-architects","tag-lasalle-investment-management","tag-restoration-hardware"],"acf":[],"yoast_head":"\n
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