Lakeside Commons
Atlanta, GA

Lakeside Commons is a 513,000 square foot Class A two-building complex in 1998 in the North Central submarket of Atlanta, Georgia. The property was underperforming (over 40% vacancy), and in need of an operational overhaul. The project was successfully repositioned with such prestigious tenants as the North American Headquarters of Porsche Cars North America, UNUM/Provident, Reebok, Showtime Networks, Alcatel and Aramark. At the time of sale, Lakeside Commons was well over 92% leased in a competitive market with tenant retention over 90%. The complex was sold to RREEF in April of 2005, but operations continued on the property for RREEF until March of 2008.