Haynes Bridge Road
10885 Haynes Bridge Rd. Alpharetta, GA 30022
The Challenge
In 1988, a group represented by EpiCity acquired a 210-unit apartment community, later rebranded as Epic Brookside. EpiCity was engaged to oversee a comprehensive renovation and asset repositioning project, enhancing the property’s value over two decades of management. When an investment group expressed interest in purchasing Epic Brookside, EpiCity facilitated the sale on behalf of the client, ensuring a seamless transition. With the profits from the sale, the client sought to acquire a stable investment property that offered predictable cash flow and long-term growth potential.
The Solution
EpiCity helped the client capitalize on their sale by guiding them through a 1031 exchange. This powerful investment strategy enabled the client to defer capital gains taxes from the sale of Epic Brookside and reinvest the full proceeds into a higher-value property. After an extensive search, EpiCity identified 10885 Haynes Bridge Road, a stable asset that perfectly aligned with the client’s goals. This property serves as the Shane Company’s premier Atlanta location.
To meet the Shane Company’s high standards, EpiCity provided exceptional property management services, ensuring the property remained a reflection of the tenant’s brand. By providing proactive maintenance, meticulous landscaping, and attentive tenant relationship management, EpiCity ensured that the property consistently aligned with the tenant’s premium brand image. This hands-on management approach elevated the property’s value while maintaining its appeal as a stable investment property.
The Results
Over a decade of lease renewals are a testament to the first-class asset management services provided by EpiCity’s team. Nicely positioned at Northpoint Mall, this single tenant property with 8,149 RSF continues to be leased to the Shane Company, reflecting the property’s appeal as a stable investment property. The area is booming and offers significant opportunities for future development.
EpiCity’s management has maintained the property’s high standards, supporting the Shane Company’s continued success while positioning the asset for future growth. This property is an example of how strategic property management can ensure stable cash flow and capitalize on long-term growth opportunities.