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
Alpharetta Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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