{"id":1004203105,"date":"2018-01-10T04:36:48","date_gmt":"2018-01-10T12:36:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004203105"},"modified":"2022-12-08T20:50:53","modified_gmt":"2022-12-09T04:50:53","slug":"bridge-office-expands-atlanta-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/","title":{"rendered":"Bridge Office Expands Atlanta Portfolio"},"content":{"rendered":"

By Barbra Murray<\/em><\/p>\n

\"1200<\/a>

1200 Crown Colony Drive, Quincy, Mass.<\/p><\/div>\n

Bridge Office Fund Manager LLC has\u00a0expanded its holdings by a whopping 2.2 million square feet. The real estate investment company recently completed the acquisition of a 13-building office portfolio from Piedmont Office Realty Trust.<\/p>\n

\u201cThese properties are directly in line with the Bridge Office urban suburban investment strategy of acquiring into the prime business centers of healthy cities around the U.S.,\u201d<\/em> Jeff Shaw, principal with Bridge Office Fund Manager LLC & CEO of Bridge Commercial Real Estate, said in a prepared statement.<\/p>\n

KeyBank provided a $237.1 million first mortgage, bridge loan to Bridge Investment Group for the acquisition. Alex Buecking, Devin Jolley and Josh Berde of Key\u2019s Real Estate Capital Group structured the non-recourse financing with a three-year term and two, 12-month extension options.<\/p>\n

Bridge Office\u2019s new purchases boast locations in the suburban markets of Atlanta, Boston, Chicago, Detroit, Nashville and Washington, D.C., as well as Phoenix proper and South Florida. The list of properties includes: Suwanee Gateway in Suwanee, Ga.; 1200 Crown Colony Drive in Quincy, Mass.; Windy Point I & II and 2300 Cabot Drive, located in the Illinois cities of Schaumburg and Lisle, respectively; 1075 W. Entrance Drive & Auburn Hills Corporate Center in Auburn Hills, Mich.; 5301 Maryland Way in Brentwood, Tenn.; and Piedmont Point I & II in Bethesda, MD, just outside Washington, D.C. Completing the collection are Phoenix\u2019s Desert Canyon 300 and 5601 Hiatus Rd. in Tamarac, Fla.<\/p>\n

\u201cThe excellent locations, cost of living, quality lifestyle, steady job growth and the talented labor pools of these markets make the properties appealing to office tenants,\u201d<\/em> Shaw added.<\/p>\n

The office portfolio has an average occupancy level of 76 percent, a figure Bridge Office plans to bolster by upgrading the properties to increase their appeal to the modern labor pool.<\/p>\n

WHAT THE WORKFORCE WANTS<\/strong><\/h2>\n

Transforming value-add properties into highly coveted destinations is part of Bridge Office\u2019s routine. The company\u2019s renovation plans for the newly acquired properties will encompass such offerings as collaborative workspace, which is high on office tenants\u2019 list of desirable features<\/a>, but that\u2019s just for starters.<\/p>\n

According to a report by commercial real estate services firm Colliers International, in addition to co-working and collaborative space, trends that are forecasted to impact property owners and occupiers in 2018 include security & safety, space consolidation, placemaking, and of course, technology. \u201cWe expect each of these trends to intertwine with technology changes continuing to disrupt the status quo, and improving our buildings and workspaces,\u201d<\/em> per the report.<\/p>\n

Photo via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust. <\/p>\n","protected":false},"author":969,"featured_media":1004203106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,21783,23891,21742,21747],"tags":[38062,34703],"class_list":["post-1004203105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-investment","category-national","category-latest","category-office","tag-jeff-shaw","tag-piedmont-office-realty-trust"],"acf":[],"yoast_head":"\nBridge Office Expands Atlanta Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bridge Office Expands Atlanta Portfolio\" \/>\n<meta property=\"og:description\" content=\"The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-10T12:36:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:50:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/1200-Crown-Colony-Dr.-Quincy-Mass..png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Barbra Murray\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/\"},\"author\":{\"name\":\"Barbra Murray\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d1edda962dd3af55af8a203870f9fc32\"},\"headline\":\"Bridge Office Expands Atlanta Portfolio\",\"datePublished\":\"2018-01-10T12:36:48+00:00\",\"dateModified\":\"2022-12-09T04:50:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/\"},\"wordCount\":434,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/1200-Crown-Colony-Dr.-Quincy-Mass..png\",\"keywords\":[\"Jeff Shaw\",\"Piedmont Office Realty Trust\"],\"articleSection\":[\"Deals\",\"Featured\",\"Investment\",\"National\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/\",\"name\":\"Bridge Office Expands Atlanta Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/1200-Crown-Colony-Dr.-Quincy-Mass..png\",\"datePublished\":\"2018-01-10T12:36:48+00:00\",\"dateModified\":\"2022-12-09T04:50:53+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d1edda962dd3af55af8a203870f9fc32\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/1200-Crown-Colony-Dr.-Quincy-Mass..png\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/1200-Crown-Colony-Dr.-Quincy-Mass..png\",\"width\":800,\"height\":620,\"caption\":\"1200 Crown Colony Drive, Quincy, Mass.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bridge-office-expands-atlanta-portfolio\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bridge Office Expands Atlanta Portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d1edda962dd3af55af8a203870f9fc32\",\"name\":\"Barbra Murray\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"caption\":\"Barbra Murray\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/barbra-murray\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bridge Office Expands Atlanta Portfolio - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"Bridge Office Expands Atlanta Portfolio","og_description":"The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust.","og_url":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-01-10T12:36:48+00:00","article_modified_time":"2022-12-09T04:50:53+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/1200-Crown-Colony-Dr.-Quincy-Mass..png","type":"image\/png"}],"author":"Barbra Murray","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/"},"author":{"name":"Barbra Murray","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32"},"headline":"Bridge Office Expands Atlanta Portfolio","datePublished":"2018-01-10T12:36:48+00:00","dateModified":"2022-12-09T04:50:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/"},"wordCount":434,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/1200-Crown-Colony-Dr.-Quincy-Mass..png","keywords":["Jeff Shaw","Piedmont Office Realty Trust"],"articleSection":["Deals","Featured","Investment","National","News","Office"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/","url":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/","name":"Bridge Office Expands Atlanta Portfolio - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/1200-Crown-Colony-Dr.-Quincy-Mass..png","datePublished":"2018-01-10T12:36:48+00:00","dateModified":"2022-12-09T04:50:53+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/1200-Crown-Colony-Dr.-Quincy-Mass..png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/1200-Crown-Colony-Dr.-Quincy-Mass..png","width":800,"height":620,"caption":"1200 Crown Colony Drive, Quincy, Mass."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/bridge-office-expands-atlanta-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Bridge Office Expands Atlanta Portfolio"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32","name":"Barbra Murray","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","caption":"Barbra Murray"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/barbra-murray\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/1200-Crown-Colony-Dr.-Quincy-Mass..png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004203105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/969"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004203105"}],"version-history":[{"count":8,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004203105\/revisions"}],"predecessor-version":[{"id":1004616313,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004203105\/revisions\/1004616313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004203106"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004203105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004203105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004203105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}