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
About this deal
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.
On the Map
$30,000,000
$98/SF
Office
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Players
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