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OFFERING MEMORANDUM BeltLine at the Boulevard 1003 & 1015 Boulevard | , GA 30312 A 3.5-ACRE REDEVELOPMENT OPPORTUNITY $6.25M ASKING PRICE

An assemblage of three parcels totaling 3.5 acres on Boulevard in Atlanta’s Park neighborhood, with frontage along the Atlanta BeltLine SUBJECT Southside . PROPERTY

n ±287 feet of frontage along Boulevard

n ±350 feet of frontage along the BeltLine

n Three blocks to Grant Park

n 1.5 miles to SE retail corridor

n Two miles to Redevelopment

n Two miles to

n Four miles to Mercedes-Benz Stadium

n 2.5 miles to I-20

BOULEVARD CONFIDENTIALITY / DISCLAIMER

The material contained in this Offering Memorandum is confidential, It is expected that prospective purchasers will conduct their own furnished solely for the purpose of considering the acquisition of BeltLine independent due diligence concerning the Property, including such at the Boulevard in Fulton County, (“Property”), and is not to engineering inspections as they deem necessary to determine the condition be used for any other purpose or made available to any other person of the Property. Ackerman & Co. represent the Owner in this transaction without the express written consent of Ackerman & Co. (“Broker”) and and makes no representations, expressed or implied, as to the foregoing the Owner (“Owner”). matters.

This Offering Memorandum was prepared by Broker, and the information This Offering Memorandum is exclusively presented by the Broker. contained herein has been obtained from sources that Broker deems to be For additional information or to schedule a property tour, please reliable, and Broker has no reason to doubt its accuracy. However, neither contact us. Owner, its affiliates, officers, directors or employees, nor the Broker, nor any other party, make any warranty or representation, expressed or implied, as to the accuracy or completeness of the information contained herein, EVAN ZIEGLER BEN CAMPBELL Senior Vice President, Investment Broker including but not limited to financial information and projections, and Direct: 770.913.3927 Direct: 770.913.3931 any engineering and environmental information, and downloadable files. Mobile: 678.662.6742 Mobile: 404.401.7257 Prospective purchasers should make their own investigations, projections, Email: [email protected] Email: [email protected] and conclusions. Table of Contents

01 EXECUTIVE SUMMARY 02 THE PROPERTY Opportunities Aerial Maps Development Proposals Property Size Zoning

03 THE MARKET 04 SUPPORT INFORMATION Market Summary Boundary Survey and topography The Atlanta BeltLine for 1015 only Grant Park Zoning Development Activity Historic District

For more information, please contact: EVAN ZIEGLER BEN CAMPBELL Senior Vice President, Investment Broker Direct: 770.913.3927 | Mobile: 678.662.6742 Direct: 770.913.3931 | Mobile: 404.401.7257 [email protected] [email protected]

ACKERMAN & CO. 10 Glenlake Parkway | South Tower, Suite 1000 | Atlanta, GA 30328 770.913.3900 | ackermanco.com 01

EXECUTIVE SUMMARY Opportunities Development Proposals

1003 &1015 Boulevard SE | Atlanta, Georgia  01 Executive Summary BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 6

Ackerman & Co. is pleased to present the rare opportunity to acquire the fee simple interest in 3.5 acres at the northwest corner of The BeltLine and Boulevard in the Grant Park neighborhood of Atlanta, Georgia. The site, an assembly of 3.5 acres of land comprising three parcels, is located on Boulevard Southeast and adjacent to the rapidly densifying Atlanta BeltLine. Grant Park and The BeltLine both continue to develop with high density residential and mixed-use projects.

The of Atlanta, The BeltLine and Grant Park are motivated to work with a credible and creative development team for this site. Given the dynamics of a supportive neighborhood, municipality, BeltLine accessibility, and activity nearby, this is excellent real estate with great development potential.

Opportunities:

n Adjacent to Atlanta BeltLine

n Frontage on Main North South Route

n In Historic Grant Park without historic regulations BOULEVARD

n General lack of multifamily and retail in immediate area

n Strong Support from City and BeltLine Authority for area to be developed

n Close proximity to

BeltLine at the Boulevard 01 Executive Summary BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 7

Development Proposals

The Owner of the subject property is seeking proposals from a select group of developers for the property. Seller’s preference is to sell all 3.5 acres. Proposals should include the following:

n Letter of Intent expressing terms and conditions upon which the developer desires to enter into a purchase and sales agreement to close the property, i.e. offer price, presumed use, desired zoning, proposed development, inspection timing, earnest money, etc.

n Site sketch of the proposed development

n Resume of the purchaser including recently completed projects and developments underway

n Identification of key members of the team, including proposed architect, civil engineer and legal counsel

n A basic description of the capital stack: - Expected equity sources, expected debt terms and bank if already identified 02

THE PROPERTY

Aerial Maps Property Size Zoning

1003 & 1015 Boulevard SE | Atlanta, Georgia 02 Property Overview BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 9

PROPERTY OVERVIEW Excellent Development Opportunity This is an ideal development opportunity for 3.5 acres positioned at the South entrance to Grant Park and fronting the Atlanta Beltline Southside trail. There is a high demand for retail, residential and mixed use development in this market.

Location

0, 1003 & 1015 Boulevard SE, Atlanta, GA 30312 BOULEVARD 02 Property Overview BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 10

AERIAL MAP - MAJOR LANDMARKS AND HISTORIC DISTRICT

20

ATLANTA OLYMPIC 85 TORCH TOWER

GRANT HISTORIC PARK DISTRICT PHOENIX II ATLANTA URBAN DESIGN Grant Park PARK COMMISSION Historic District HISTORIC GRANT(Chapter PARK 20K)

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Subareas:

1. Residential This map is provided only for general information purposes and is not an official record of the zoning status of areas within the City of Atlanta. Neither the City 2. Commercial nor the AUDC assume any liability for any errors or omissions in any map and 3. Transitional Industrial reliance by any persion on any type of information contained in any map is strictly at the risk of the user To receive official confirmation of the zoning of 02 Property Overview BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 11

PROPERTY SIZE

± 3.5 acres

SUBJECT PROPERTY 02 Property Overview BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 12 5 7 7

95 3 9 7

846 3 3 9 875 RG-2 5 3 850 4 5 3 3 3 2 C-1 9 5 9 5 5 5 851 1 7 3 3 857 7 Z-96-051 3 9 1

Z-96-051 6 1 7 5 9 7 9 5 9 1 1 3 403 5 1 1 1 1

3 7 3 7 1 3 7 5 9 851 1 7 8 852 1 1 4 4 5 7 N 2 2 8

6 9 4 3 7 1 1 C-1-C 9 7 1 9 6 7 7 8 8 9 6 1 8

7 7 8 8 7 2 2 5 9 5 1 0 0 1 2 9 9 2 2 2 2 2 8 2 5 2 3 1 3 2 3 2 6 1 5 1 1 1 1 1 1 1 8 1 2 6 3 7 2 2 2 2 6 6 1 2 855 1 2 855 861 3 5 O 5 1 3 6

3 856 2 2 2 3 9 9 3 3 Z-06-023 7 851 3 7 857 3 856

3 857

865 3 3 R 862 4 864 865 Z-96-051 5 3 3 859 860 861 T 860 A 860 863 862 859 865 864 800 860 N

A RG-3 E 14-43 879 867 A Z-96-051 865 866 E 866

K

14-54 8

2 8 8 2 8 2

4 R R-4A 4 8 2 8 R-4A K 4 8 4 7 8 2 8 8 4 8

6 6 7 7 2 8

9 4 0 8 6 6 7 8 N 2 6 9 9 0 8 1 2 2 0 2 872 2 3 6 3 4 5 5 873 4 0 6 0

1 G 2 6 6 2 8 4 8 2 1 1 1 1 885 8 1 2 6 1 1 4 O 8 5 5 9 1 6 2 8 2 6 6 0 6 7 0 1 1 1 1 1 1 1 5

1 0 2 1 2 1 1 4 1 2 2 3 3 4 0 6 4 6 6 4 A 5 5 2 2 6 6 2 2 2 3 3 1 7 8 9 9 2 2

6 3 6 2 6 3 3 0 8 HC-20K SA-1 2 6 2 2 2 3 9 R 14-22 3 6 9 3 3 0 7 SHEET NO. ______3 6 3 2 3 3 3 3 0 2 2 8 2 8 0 1

877 1 6 2 2 2 2 H 889 876 3 14-041 3 4

E 3 6 6 6 3 6 6 14-75 Z-06-023 6 ATLANTA 883 H 897 ATLANTA C 0 898 6 9 904 5 601 903 D 5 ATLA 1 1 5 1 N T 5 F 5 1 A 5 2 5 1

3

7 1

7 7

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MRC-1-C 1 7 3 3 1 7 7 1

3 3 4 L

6 6 3 0 4 7 2 1 5 5

8 9

3

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8 9 6

R 1 2 6 7 7 1 3 0 7 895 7 6 3 6 2 907 7 3 1 0 0 0 6 7 3 1 5 2 7 3 1 3

Zoning 1 E 1 7 5 7 1 1 1 5 9 5 9 1 5 908 1 7 ZONING ORDINANCE 1 8

6 1 5 1 5 6 3 3 4 7 5 7 3 1 4 5

I A 3 5 3 898 6 7 0 0 7 8 9 7 9 1 7 1 9 1 3 8 7 4 5 1 1 1 7 5

2 RG-2 1 1 9 1 5 5 5 890 6 1 1 2 Z-06-023 7 6 6 2 3 1 1 2 2 5 1 1 1 5

2 4 899 1 E 1 7 3 9 1 2 2 2 3 7 2 2 911 4 8 2 2 4 5 6

F 2 5 2 2 9 2 7 1 5 4 2 3 3 4 4 S 1 2 3 0 9 9 4 907 5 3 2 4 8 1 3 3 7 912 3 3 899 4 7 9 3 9 7

5 9 4 L 5 9 9 8 2 1 3 3 3 Z-96-051 5 3 5 3 4 4 E 5 9 4 2

N 9 5 9 0 1 1 0 2 2 4 9 2 4 5 3

5 902 6 5 7 3 4 1 7 1 903 5 4 915 5 901 K 7

2 3 3 3 5 3 3 A L 6 3 3 R 3

918 4 4 5 E 4 5 0 9 0

911 4 4 5 5

5 5 6

L 3 2 3 R 919 6 906

5 1 D

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6 8 0 907 2 8 3 1 4 904 0

8 6 909 0 6 6 0 6 0 6 0

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1 RG-2-C 923 1 9 3 6 4 1 0

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0 0

6 912 2 8 CITY OF ATLANTA, GEORGIA

G 6 911 8 4 2 1 6 6 R-5 913 8 6 5 2 5

9 915 5 7 8 8

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8 9 O 1 4 6 2 915 1 W 0 1 914 4 4 919 918 916 4 4 1 6 927 8 4 6 4 0 6 4 0 6 7 0 0 0

4 8 2 1 R

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920 6

917 4 0 4 4 1 1

2 3 917 918 2 0

932 6 VANIRA 6 6 7 6

3 921 3 3 925 8 3 3 3 4 919 9 0 R 9 3 3 3 933 2 6 5 8 3 4 3 4 0

0 921 3

C 925 3 0 7 9 3 308

836 9 5 HOME 3 929 7 9 9 3 26 KE 925 4 NDR 2 ICK 924 1 2 0 0 3 3

929 1

937 3 1 1 1

942 9 1 1 609

1 1 3 1 927 5 7 928 3 927 931 928 5 RG-3-C 929

6 3 9 7

1 1 927 1 5 9 649 OFFICIAL ZONING MAP

6 3 7

3 9 1 7 7 3

7 7 1 1 1 7 K 3

E 7 8 N 943 1 DR 4 4 4 IC 5 5

K 6 1 8 7 8 930 8 9 6 6 9 1 9 932 3 1 4 4 4 2 8 4 4

1 4 4 4 935 932 1 4 933

934 934 4 8 4 946 939 935 933 934 933 6 933 4 947 5 RG-2 0 939 2 PD-H 5

6 5

942 6 0 2 5 934 936 941 942 940 6 222 9

9 5 9 5 937 6 6 39 939 1 0 938 7

952 Z-96-051 1 943 7 2 1 6 940 7 1 1 941 2 2 3 7 1 939 953 8 939

1 1 1 3

8 1 7

944 5 1 8 3 9 9 4 3 3 3 3 1 5 1 9 7 943 5 43 4 8 1 8 6 0 2 6

1 4 8

Z-10-007 0 3 945 8 9 3 9 964 3 947 0 942

943 6 3 0 6 1 2 0 3 5 0 2 2 3 945 6 6 3 3 944 938 4 3 3 3 5 958 7 944 3 8

5 941 5 6 6 957 6 6

945 8 6 0 4 9 945 5 6 4 8 949 4 4 947 9 4 T 4 4 4 SHEET _____ OF _____ SHEETS U 4 4 4 4 4 951 SK 0 951 950 947 948 EG 4 948 E 6 53 129 R-LC 951 E 941 430 951 943 963 962 949 950 945 942 5 This property is currently zoned I-1 and R-5 955 9 942 951 949 951 952 4 S 955 0 Z-96-051 DUNNING 954 9 945 958 HATCHER 966 954 5 959 955 ROBINSON 9 955 N T

I 958 958 959 1 245 960 U-93-36 956 9 5 54 960 953 949 5 9

961 0 1 271 959 3

E 7 L 7 1 1 972 0 963 1

Z-96-051 5 9 0 962 1 965 962 2 960 959 960 6 ORDINANCE Z-78-5 1 0 1 2

966 963 2 9 3 4 L 2 1 961 2 8 964 961 963 5 6 964 6 N 6 6 1 6 5

1 9 9 9

2 Z-96-051 965 5 9

N 5 W 6 6 3 975 966 9 5 5 9 1 5 1 2 2 2 3 5 I 5 969 964 Y 3 2 9 5 964 965 3 976 964 4 4 O 9 1 4 4 6 5

968 9

965 6 3 5 967 7 O 966 5 4 5 970 I 9 5 8 5 5 5 971 967 9 0 1 A 972 5 4 4 5 T L 5 1 4 5 4 4

969 4 5 971 4

971 4 5 968 5 T 9 5

968 R-5-C 7 8 7 4 981 V L

2 PD-H R

982 975 0 972 R 969 968 418 969 976 4

971 4 970 971 4 9 973 G 7 1 975 1 G 970 961 962 A

975 976 A 6

971 972 4 4 0 985 986 979 975 9 976 0 4 8 LAND LOTS ______976 973 975 7 R 961 970 9 N 2 0 8 1 2 974 N 7 972 975 3 3 3 978 5 I 9 965 970 980 M 7

9 6 5 6 6 6 6 6 980 979 977 962 76 976 9 979 0 6 2 6 0

980 9 975 0 983 R 6 8 7 5 N 0

991 979 9 8 0 6 0 6 0 4 980 A 980 0 0 6 6 982 7 9 965 2 2 979 7 974 3 3 4 9 8 5 980 981 4 5 0 2

976 4 6 8 8 9 9 9 6 0 0 980 5 5 981 7 R 984 984 8 N 5 5 5 5 0 969 5 5

O 4 7 986 9 4 4 4 4 4 4 9 4 5 5 1001 989 985 986 85 84 985 T 4

M 982 C 4 985 986 983 984 9 A 98 OVE 985 C 5 986 982 983 ______DISTRICT 988 86 989 98 984 987 992 985 986 A F 8 1003 990 989 990 987 9 986 971 993 989 89 988 1 992 989 7 5 9 990 N 9 990 92 991 8 992 991 MEAD I 997 7 8 8 994 994 991 9 990 996 990 5 995 9 9 9 9 L 998 9

1005 0 995 N 996 993 2 996 995 996 975 993 ______COUNTY 9 6 PD-H 994 995 97 994 1003 998 1001 1000 999 R 997 999 994

0 1

1000 5 1011 0 9 1 E 6 9 1 0 9 5 9 5 9 5 1 999 1000 0 1000 5 99 1 997 8 0 8 5 6 10 3 0 0 0 6

999 4 1001 9 9 0 0 2 4 1 4 2

F 9 2 0 5 1 5 2 5 6 1000 1 1006 4 4 5 5 5 5 FLOTILLA

1006 5 2 4 1005 R-LC 1 2 5

1015 6 999 2 1 100 100

U-07-011 2 5 5 993 1004 1005 2 1006 992 6

2 1003 1 2 006 1005 0 2 2 1010 1005 3 1004 990 1010 7 1 4 996 995 2 4 1007 4 1019 1010 4 Access 7 2 Z-96-051 6 5 Z-13-049 Church 10 1008 D

1008 2 0 1009 4 8 7 9 1 5 0 3 10 1 1 1011 7

7 2 7 5 2 994 2 1010 8 1 1011 1 1015 R 997 2 1 8 5 6

6 2 1015 1023 1 1016 9 1020 2 10 9 1 1014 1 9 2 1014

2 4 7 A 1030 2 1015 4 1 2 CERTIFICATION 4 9

8 3 8 1015 76 1 10 0 1 1 8 5 1 2 1 0 998 2 1014 8 1 10 2 V 1 1 18 2 2 68 1 1020 1019 5 6 2 0 6 1020 E Z-96-051 HAY 1021 1 6 4 GOO 1 7 D 102 2 0 2 1 L 2 7 8 3 0 1 6 1033 9 1 8 0 5 1 7 5

1 1015

8 7 2 1 8 2 9 1 U

1 3 2 2 1 3 1 7 0 1030 2 25 1 MR-3-C 6 2 1 9 9 2 1 4 0

0 5 1030

0 2 3 4

1037 6 9 5

3 1 0 6 2

1 5 0 9 4 O

9 THIS SHEET ______OF ______SHEETS, IS HEREBY CERTIFIED AS INCLUDED 1

7 1 5 2 1 6 7 1033 2 6

0 2 2 2 9

9 2 4 H 1 2 0

9 3 1

2 2 0 0 AY 5 29

1 B 1 1

3 53 0 1 G 1 1 129 1 OO 2 MRC-3-C 1 1039 1 10 D 14-42 30 103 1034 10 7 3 39 0 IN THE OFFICIAL ZONING MAPS, ON FILE IN THE DEPARTMENT OF PLANNING 3 1036 6 1 1 1039 1 RG-2 6 5 1041 1036 1037 1 0 0 1 0 9 1 6 Z-96-051 1 041 1040 1040 14-23 2 Z-16-017 0 2 3 5 3 3 7 7 5 7 1 1 3 3 1042 1043 7 9 0 7 9 9 1 0 8 8 9 0 0 5 0 9 3 10 Z-15-069 C-1-C AND COMMUNITY DEVELOPMENT, BUREAU OF PLANNING, AND FORMING 9 7 7 34

1 1 0 51 1 1 1 2 2 9 1 5 1044 1048 6 1 1 1046 1041 10 1043 4 40 1 1038 2 1043 1 10 4 1044 1050 4 4 GRANT 1047 1050 A PART OF THE CITY OF ATLANTA ZONING ORDINANCE ADOPTED BY CITY 0 3 0 POPE 1 1052 1042 1 1 5 MRC-3-C HAMILTON 3 1055 0 1030 1045 5 1048 1054 Z-07-100

1 1046 1 0 Z-96-051 1056 053 0 1047 5 COUNCIL ON , 1980 AND APPROVED BY THE ON 1

Z-08-020 3 1044 1049 1050 I-1 N 1061 10 1060 1070 5 1054 59 E 1051 1052 1053 6 1054 E YNTON 1 1064 9 DECEMBER 19, 1980, AS AMENDED

0 3 Existing development includes two curb cuts on Boulevard SE 1075 55 1056 1057 1065 T R-LC 0 8 1058 1065

7 1

N 7 MRC-1-C 1059 5 5 1080 0 4 7 1062 1075 E 1071 8

1 375 1 C-1-C 3 1079 5 1063 5 2

B 6 6 Z-06-023 1 MR-3 1066 1074 554 1075 1081 0 1075 1090 1 WEYMAN M 1 1076 1069 1070 1080 8 IL 1081 1079 1097 8 T Z-06-023 5 O 1074 2 8 2 3 2 8 5 8 N 1059 2 1 1 3 2 Z-06-078

Z-06-023 1 5 ______1078 MRC-3-C 5 1083 4 Z-96-051 4

1105 6

7 1 1087 3 8 2 6 5

2 6 9 9

7 8 8 9 4 4

Z-96-051 9

5 72 0 9 1082

0 0 DATE 0 S DIRECTOR, BUREAU OF PLANNING 0 C 1 0 HUYLER

1 1 1 1 1101 1 1100 Z-96-051 1086 1095 Z-13-049 K

R 1107 1106 2 CITY OF ATLANTA, GEORGIA 1090 Z-06-023 5 Z-96-051 Z-06-023 MRC-3-C A 6 L 1111 P 1112 1107 Beltline L 1099 MR-4A-C I

H 1117 HOBART ______78 MRC-1-C Z-96-051 80 1122 90 Overlay 1160 1123 1 MUNICIPAL CLERK, CMC DATE 4 1122 1111 Z-06-023 Z-06-023 6 Frontage Z-05-142 1144 CITY OF ATLANTA, GA Z-06-023 1111 1129 1130 1127 District 0 55 88 8 1111 1138 2 4 C-1 5 1110 6 Legend MRC-3-C SUBJECT 1142 14-74 Z-00-027 FRANCIS

1 1140 1 G I-1-C

1 I-1-C 3 1 4 Tax Parcels 1 9 9 Base Zoning 1 I-1-C N 1

I Z-96-051 7 1

L 1 1155 I 410 Z-13-049 1159 8 79 1155 0 A 6 RG-3-C 6 Zoning District Outline 1 SPI - Special Public Interest 4 1 MRC-3-C M PROPERTY U-16-007 0

I-1-C 0 Buddist Garden 4 3 1 OVERLAY DISTRICTS 4 Industrial 0 4

N 0 0 2 8 360 1 0 5 1 0 O 14-55 Z-06-023 1 4 5 1

R 1174 5 11 5 6 7 Beltline

A n 1 R 1 Historic & Cultural 9 MR-4A 1

± A 287 feet of frontage along Boulevard SE 9 ID 540 1181 5 G K 9 E 1 Z-08-007 N 25 SPI Sign Overlay Districts Live-Work A D ENGLEWOOD 65 H L 1203 A 12 1201 1200

0 7

1200 5 3 9 3 7 1 All Others 9

N 1

1 0 1 2 2 QOL Multi-Family

2 0 0

3 D 3 3 1 3 3 G

O 3 3 3 1205 1206 E 1 Z-00-027 505 R 1 D 2 1 0 R 7 1 4 1 I-2-C A n C 9 1 1 121 2 2 2 1 1212 G ± 1 1 2 1 1 M 1 1 0 2 V Human Service Facilities 350 feet of frontage along the BeltLine L MR-4A-C 0 QOL Mixed Use 1 1219 2 1 4 1217 E 2 2 1218 Y O 5 4

0 2 L 2 T 1 8

1 0 I 4 8 Z-13-049 0 1 4 T 6 2 S 1223 0 3 12 I 2 1 2 2 1 4 0 U

3 3 8 3 1 4 0 6 2 1222 2 R 3 8 4 2 0 2 6 2 3

2 7 8

E 8 3 9 0 0

1 1

1 2 3

9 3 4 V P L 8 3 3 Special Use Permits

3 O

3 4 4

I 4

4 4 4 N A 1227 1227 4 4 Commercial

A 1 1228 14-24 U 2 B 25 M K 3 12 C 1 3 1 MRC-3-C E 2 0 1233 C 3 2 D W 7 Z-16-052 1 1234 CLIMAX O 1239 1235 1236 LBS/HBS Neighborhood Commercial 9 U-09-021 O 3 9 N 7 3 5

1 7 7 2 1240 1

5 1 3 7 3 2 7 7

3 8 0 1 O 3 O 1241 1 3 1242 2 3 9 3 3 4 3 3 4 4 4

4 4 Church 3 4

U 4 G D 1245 1246 1245 1246 0 H MRC-2-C 8 R-4 Residential - Single Family 1249 1250 2 I-1-C 1 1251 1 Z-00-027 8 1252 7 6 4 ERTS 2 4 8 4 B 9 1 0 6 2 1254 0

8 2 2 1253 2 7 O 3

2 1255 8 1 1256 8 R

0 3 3 3 3 3

3 1258 3 Office Institutional 1 P 4 1259 1261 1262 8 2 1 EA 2 9 5 2 R 2 2 3 40 M 1263 1 1 0 DALTON 2 I ULT 0 3 L 3 6 1264 1 GA 1 1 2 3 Planned Development T 3 1 2 5 3 1267 1271 1272 BENTEEN 1

2 5 3 O 2 3 Topography 6 E 1 4 1 0 1268 Z-13-049 0

1 1

3 N 7 P 2 2 4 3 1 1 1 5 6 2 7

2 1 5 3 4 1269 2 6 1 8 1 0 8

A 3 8 1

1 3 2 1 9 4 1272 3 1277 1278 7 1 3

6 R 2 2 3 3

2 3 6 9 9 2 6 8 1 G 7 4 9 12 1 2 1273 1 Residential - Duplex 2 276 2 6 7 1281 1286 MRC-1-C 0 0 4 1 2 7 1 3 2 1 MR-4A 6 1281 1 2 N 5 1 79 I 2 1282 1287 505 1 T 1288 Z-00-062 Z-06-035 26 R-5 3 2 1 1 1 1 3

5 2

8 2 8

R 2 9 1 1 2 6 6 3 1 Residential - Multi-Family 12 2 0

7 8 9 7 1285 6 1 8 1 0

5 2 6 2 2 7 A 4 2 1293 1

8 0

2 3

9 J 3 0 9

3 7 1 O Z-00-027 3 7 1 2 0 3 4

1

3

3 9 2 1 M 6 3 3 2 9 9 4 2 1 MR-3-C Z-13-049 3 6 4 N 1 1290 2

M 2 8 0 0 85 8 28 330 1299 1300 13 3 1 4 0 Z-05-138 9 2 A 1 E 4 6 1 1 1 Residential - Limited Commercial 0 2 0 2 R S 8 0 33 3 0 9 9 27 NOLAND 13 C 1 1 7 B 8 129 1 Y 4 2 3 1 1 2 8 4 3 5 1 O 1 1 2 2 3 1 1300 1 0 3 1 1 3 1 6 4 3 1341 3 7 1 0 1 9 7 19 1312 1 R 5 5 9 This document was compiled on January 19, 2017 0 2 5 1300 2 3 5 7 3 1 1 5 RG-2 1 O 1 3 1308 2 6 9 1316 1 3 2 9 1 3 1 1 8 9 3 3 5 320 1 8 0 8 3 3 3 6 3 9 1347 3 5 2 1 27 3 7

6 1 1 4 1 3 7 3 1 3 8 4 1312 31 1324 3 1 9 8 11 1 3 4 R-4A 3 6 6 131 2 9 1 2 5 1353 6 5 6 6 1 8 3 3 3 6 3 1 2 7 2 9 7 8 1 5 2 0 1

1 2 2 1 3 1316 3 330 9 9 1 35 1328

1 3 30 12 1 1316

0 1 3 3 1359 The Property falls gently from Boulevard to the Southwest and L 1 9 1 7 3 8 4 2 3 13 3 L 1 103 9 3 8 32 9 3 5 3 4 0 1 7 1 Z-00-027 8 I 2 6 1 1 132 29 13 1320 7 5 1 116 3 6 ED 33 26 1 1 34 13 RE 1367 96 89 GA 1 4 H M 1 6 3 R MON 8 3 6 1 4 7 E 14-73 1 3 3 5 4 13 1 L 1326 P 5 1 4 9 3 3 L 5 5 1328 6 3 I 1 A 4 9 3 2 1 9 3 5 3 4 5 1 1 1 3 1373 3 5 1 2 3 0 1 2 4 3 1 6 9 13 4 M 1329 1330 2 R 39 1332 1326 4 1 8 115 109 102 95 88 348 13 8 8 0 0 1 9 9 K 122 5 13 1 5 1 1 1 4 43 1 53 1 3 3 1336 4 0 13 3 4 4 1379 35 3 1336 44 8 9 0 14-41 1 0 5 C-1 N 4 7 4 6 6 3 A 13 3 2 1340 2 1 Z-00-062 5 4 7

1 1 6 7 5 1 N 14-56 3 3 34 0 3 0 6 A 7 2 6 1342 6 4 1 6 121 114 108 H 1 101 94 87 provides great vistas to the south. The site and surrounding 0 1 3 BURROUGHS C 3 3

4 0 4 0 6 5 57 U C-2-C 5 1 L 3 5 2 6 3 3 3 3 4

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8 7 6 6 5 8 7 6 2 0 1 U 1 1 1 1 5 9 7 O 2 1 51 M 6 191 1 0 C-2-C 28 24 1523 PARCEL BOUNDARIES SHOWN ARE SUPPLIED BY THE FULTON OR DEKALB COUNTY TAX ASSESSOR. THESE BOUNDARIES MAY NOT REPRESENT THE BOUNDARIES CITY OF ATLANTA : DEPARTMENT OF PLANNING AND COMMUNITY DEVELOPMENT : OFFICE OF PLANNING : GIS DIVISION : 404.330.6145 RECOGNIZED BY THE CITY OF ATLANTA FOR THE PURPOSES OF ISSUING BUILDING PERMITS. 1 INCH = 400 FEET 03

THE MARKET

The Market The Atlanta BeltLine Grant Park Development Activity

1003 & 1015 Boulevard SE | Atlanta, Georgia 03 The Market BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 14

Both the State of Georgia and City of Atlanta have seen significant growth the past several years in a variety of areas:

n Georgia’s film industry has been booming from tax incentives and the City of Atlanta has seen a huge influx of jobs and citizens as a result.

n Georgia, along with the rest of the southern , is experiencing significant growth in population due to the climate, cost of living and amenities.

n Atlanta outpaces the rest of the United States in tech talent (https://hypepotamus.com/news/tech-talent-report/ )

n Like many across the United States, Atlanta is experiencing exponential growth due to urbanization. Home builders and developers have been building at increased rates inside to try and keep up with the demand.

Zoo Atlanta at Park Opening Grant Park Criterium 03 The Market BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 15

The Atlanta BeltLine

The Atlanta BeltLine is the most comprehensive transportation and economic development effort ever undertaken in the City of Atlanta and among the largest, most wide-ranging urban redevelopment programs currently underway in the United States. Atlanta’s Beltline Southside Trail

The Atlanta BeltLine is a planned loop of 22 miles of modern streetcar (an expansion of the ), 33 miles of multi-use trail, and 2,000 acres of parks that will open in phases.

As of 2016, the Atlanta BeltLine consists of four open ; two trails under construction; seven parks; intensive planning for modern streetcar expansion; more than $3 billion in private economic redevelopment; hundreds of affordable workforce homes; free fitness SUBJECT PROPERTY classes; a linear arboretum; an urban farm; and the largest temporary public art exhibition in the south.

First conceived as a 1999 master’s thesis by student Ryan Gravel, the Atlanta BeltLine evolved from an idea, to a grassroots campaign of local citizens and civic leaders, into a robust new vision of an Atlanta dedicated to an integrated approach to transportation, land use, greenspace, and sustainable growth. 03 The Market BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 16

Grant Park

The Grant Park neighborhood was built around Grant Park, a 131-acre green space and recreational area. One of Atlanta’s oldest residential neighborhoods, it occupies over 430 acres of rolling terrain in southeast Atlanta. The Grant Park neighborhood includes school buildings, churches, neighborhood commercial clusters and recreational buildings that have served the historic neighborhood. Rambling Victorian era mansions and small cottages, early twentieth century and many brick paved sidewalks characterize the neighborhood.

Grant Park’s distinctive landscape includes rolling hills and scenic vistas. The neighborhood’s grid pattern and narrow rectangular lots which developed during the 1890s and early 1900s are representative of Atlanta residential plans of this era. The are lined with mature trees and there is an extensive sidewalk system, portions of which are the original brick.

Grant Park provided a respite for the city dweller as a place for recreation and amusement, but is quickly adding density with many new developments from Memorial Drive on the north, to The BeltLine on the south and east and I-75/Turner Field to the west. The neighborhood is seeing several -wrap & podium multifamily developments, adaptive re-use projects from The Larkin on Memorial to The Beacon on The BeltLine, along with the Stockyard redevelopment and new at Glenwood, but still has the character from historic single-family residential. Grant Park provides great access to all of metro Atlanta via I-75/I-85 Connector and I-20 while in close proximity to downtown and . A well-established neighborhood, for over a century, Grant Park is currently seeing a major new investment and still has significant of upside due to The BeltLine and its central location. Grant Park 03 The Market BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 17

DEVELOPMENT ACTIVITY

1 THE BEACON M.L.K. JR DRIVE MEMORIAL DRIVE 2 THE SWIFT - E.A. HOMES 9 3 ATLANTA 20 4 BOULEVARD CROSSING PARK 8 7 5 TURNER FIELD REDEVELOPMENT 6 842 BERNE STREET

7 800 GLENWOOD 6 STOCKDALE 5 8 REDEVELOPMENT 9 THE LARKIN ON MEMORIAL 3 BOULEVARD

85 BELTLINE AT THE BOULEVARD

1 2 4 03 The Market BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 18

DEVELOPMENT ACTIVITY | GRANT PARK

1 1 THE BEACON

The European style mixed-use project comprises of 110,000 square feet which will be completed in late 2017. Currently 70% leased, this project creates the ideal urban environment for shopping, dining, and entertainment. Located along the Southside Beltline Trail, this project revitalized six industrial buildings into thriving restaurants and business. The Beacon was recognized by the Atlanta Journal Constitution as a project reshaping Atlanta.

2 2 THE SWIFT

Under construction and planned for 120 town homes. Edward Andrews is the developer and plans for this project to be a huge success due to its walkable living and access to the Beltline. This project will create a vibrant community and will blend within the culture of the long established community.

3 3

The Atlanta Landmark is a 128-year-old venue (founded in 1889) in Grant Park that covers 40 acres. The history of the Atlanta Zoo is extremely fascinating and today, is known for being the most prolific owner of exotic animals in the world. Recently, the City announced a $138 million dollar renovation that will enhance the visitor experience, provide new event space, and improve the animal habitats. This massive renovation will also include a 1,000 space parking deck, include new park space and a restaurant at the Boulevard side of Grant Park. Ground breaking was earlier this year and the zoo expects work to be completed in 2019. 03 The Market BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 19

DEVELOPMENT ACTIVITY | GRANT PARK, CONT’D.

4 BOULEVARD CROSSING PARK

More than 20 acres of land for this park was first assembled and acquired by the Trust for Public Land with the northern border abutting The BeltLine. The five acres that comprise Phase I opened in fall of 2011 and include two large multiuse activity fields, solar lamps and organic landscaping,along with native/naturalized plants that will reduce ongoing maintenance costs.

5 TURNER FIELD REDEVELOPMENT

With the Braves having vacated the city of Atlanta for Cobb County, purchased the Turner Field site, along with its surrounding 60-acres, and is re-purposing the stadium to house its Panthers football team. Turner Field is already being adapted for GA State’s Panthers and will open in August 2017. Plans for the surrounding development include office space, residential units, hotel rooms, retail, and restaurants. The project is officially called Summerhill, the same name of its home neighborhood, and it is scheduled for an October 2017 ground breaking, while a planned 700-bed student housing tower should break ground in January.

David Nelson, senior vice president with Atlanta developer Carter, said the first phase of the Turner Field redevelopment will include a spec, 30K SF office project geared toward creative office and co-working tenants, a brewery and a barbecue restaurant. Carter is part of the co-development team on the redevelopment, along with Oakwood Development and Healy Weatherholtz. The grand vision of the project could see 1.5M SF of office, 700K SF of commercial/retail space, more than 2,700 apartment units, 50 single-family houses and 625 hotel rooms, according to a recent development of regional impact filing with the Georgia Department of Community Affairs. 03 The Market BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 20

DEVELOPMENT ACTIVITY | GRANT PARK, CONT’D.

6 842 BERNE STREET

The developer Avila plans to build a five-story multifamily project with 220 multifamily units. The site is a total of three acres which fronts the Beltline. The architecture design for this project resembles and maintains the character of its surrounding neighborhood with courtyards and brownstone-like designs.

7 800 GLENWOOD

Opened in 2016 and includes a 110k SF Kroger, Chick-fila, apartments and more retail on the 20 acre site.

8 STOCKADE REDEVELOPMENT

Urban Realty Partners and RAF Capital are leading this revitalization project and morphing it into a “creative office campus” and retail. This 4 acre, 70,000 square feet redevelopment project will be sectioned into three distinct loft-style buildings: The Forge, The Stockade, and The Stable. This old “Grant Park treasure” dates back into the 1800’s which at one time served as an Atlanta prison and an Atlanta Education Facility.

9 LARKIN ON MEMORIAL

A 63,000 square foot mixed-use re-development project by the developers of , in the most rapidly rising environment of Atlanta and along Memorial Drive. This project is surrounded by Cabbagetown, Reynoldstown, Grant Park, , and Ormewood neighborhoods. The project will be a family-friendly establishment and serve the surrounding communities. 04 Support Documentation BELTLINE AT THE BOULEVARD | 3.5 ACRES | GRANT PARK | ATLANTA, GA 21

Below are links to the Support Information documents and the files can be downloaded. Some of the files may not be compatible on mobile devices and will need to be downloaded on a desktop.

Click the links to open the files.

n Boundary Survey and topography for 1015 only n Zoning n Historic District

To view all downloadable documents in one folder click HERE.

Fountain in Grant Park FOR MORE INFORMATION OR TO SUBMIT AN OFFER, PLEASE CONTACT:

EVAN ZIEGLER BEN CAMPBELL Senior Vice President, Investment Broker

Direct: 770.913.3927 Direct: 770.913.3931 Mobile: 678.662.6742 Mobile: 404.401.7257 [email protected] [email protected] ©2017 Ackerman & Co. All rights reserved.