DeKalb Park LLC Acquires DeKalb Technology Center From CapRidge Partners For $41.6M
3980 4000 Dekalb Technology Parkway
$41,600,000
$146/SF
Building Size
285,000 SF
Asset Type
Mixed-use
Closing
Sep 10, 2025
AI
The asset involved in the transaction is a mixed-use property located at 3980-4000 Dekalb Technology Parkway, Atlanta, GA. The property has a total square footage of 285,000 and was sold for $41,600,000, resulting in a price per square foot of $146. The property consists of eight buildings within the DeKalb Technology Center, which is currently over 90% leased.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $41,600,000
- Sale Date: 09/10/2025
- Market: Atlanta, GA
- Seller: CapRidge Partners
- Buyer: DeKalb Park LLC
- Brokers: Tom Shafer, Chase Mathews & John Hinson - OnPace Partners
- Square Footage: 285,000
- Price per Square Foot: $146
CapRidge Partners previously acquired the property for $31,000,000 in 2022 when occupancy was at 67%. The recent acquisition by DeKalb Park LLC was facilitated by brokers Tom Shafer, Chase Mathews, and John Hinson, representing OnPace Partners.
Players
Atlanta Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93