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800 North Point Parkway

Onward Investors Acquires Office Complex From The Simpson Organization In Alpharetta For $30M
SOLDOffice

Onward Investors Acquires Office Complex From The Simpson Organization In Alpharetta For $30M

800 North Point Parkway

$30,000,000

$98/SF

Building Size

306,000 SF

Asset Type

Office

Closing

Mar 23, 2026

AI

The office complex located at 800 North Point Parkway in Alpharetta, GA, was sold for a total of $30,000,000. This asset spans an area of 306,000 square feet, equating to a price per square foot of $98, indicating its market value in the region.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $30,000,000
  • Sale Date: 03/23/2026
  • Buyer: Onward Investors
  • Seller: The Simpson Organization
  • Square Footage: 306,000
  • Price Per Square Foot: $98
  • Market: Alpharetta, GA

Onward Investors acquired the ownership of the office complex after purchasing its $30M loan from CIBC Bank in October of the previous year, facilitating the transaction for the property at 800 and 900 North Point Parkway.

Players

OI
Onward InvestorsBuyer
TO
The Simpson OrganizationSeller

Alpharetta Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93