Ellsworth Lofts

Atlanta, GA
Ellsworth Lofts
Realized

Key Facts

Asset TypeOffice
Debt or EquityEquity
Realized IRR14.57%
Realized Net Multiple1.67x
Total Capitalization$8,313,205
Strategy
Value-Add
Closing DateDecember 2017

Property Details

Ellsworth benefits from its location within the dynamic West Midtown submarket. Originally Atlanta’s industrial hub, West Midtown is now home to a lively selection of urban lofts, art galleries, music venues, retail shops, restaurants, and is one of Atlanta’s true live-work-play environments. As companies are more focused than ever before on recruiting and retaining top talent, many have realized that there is no better office location to do this than in West Midtown. Adding to the already thriving live-work-play environment, West Midtown is experiencing tremendous growth with many projects recently completed or underway, including the Westside Beltline Trail, the Westside Reservoir Park (will be the largest park in Atlanta) and Atlanta’s Waterworks Park.