REVA offers Atlanta Class A office building investment
Richmond, Va.,— A 100 percent leased Atlanta area office building is now available as an equity investment, Real Estate Value Advisors (REVA) announced this week.
REVA, based in Richmond, Va., launched its latest 1031 Exchange eligible investment offering for Brandywine, a fully leased, Class A office building in the Fayetteville submarket of Atlanta.
This office building was built in 2007 and encompasses over 30,000 square feet. The William Carter Co. has a lease on the two-story building, where the company houses its technology operations, through September 2020.
REVA Managing Director Steve Sadler said the Brandywine building has a bright future and they expect it to remain a high-quality building and a solid-performing asset for its owners and investors.
The Brandywine office building is located 15 miles from the Hartsfield-Jackson Atlanta International Airport in Fayetteville, which is designated a Foreign Trade Zone to bring large international companies like Panasonic, food service equipment manufacturer Hoshizaki America and TDK Electronics to the area.
REVA boasts a stellar track record of performing well in good markets and bad and more than $200 million in office transactions. This investment opportunity – the Brandywine DST – qualifies as a 1031 Exchange, a tax-deferred exchange considered a “like-kind replacement” property investment.
“We are seeking to raise $7.6 million with cash flow to investors estimated at 7.02 percent in the first year,” Sadler said.
REVA serves nearly 400 investors while stewarding a portfolio of nearly $1 billion in assets stretching from the upper Mid-Atlantic region to the Florida coast and west to Georgia and Texas.
For more information on this offering, 1031 Eligible properties or REVA, visit www.revacompanies.com or email Steve Sadler at email@example.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon REVA’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements.