David Dobkin & Daniel Dean Of Parkway Corporation Acquire Parking Lot In Atlanta For Off-Market Deal

The property asset involved in the transaction is a parking lot located at 289 Marietta Street Northwest in Atlanta, GA. The surface parking lot spans 50,526 square feet and covers 1.16 acres, featuring 113 parking spaces.

Summary of transaction details:

• Property Type: Parking Lot
• Transaction Amount: Not disclosed
• Address: 289 Marietta Street Northwest
• Market: Atlanta, GA
• Square Footage: 50,526
• Acres: 1.16
• Buyer: David Dobkin & Daniel Dean
• Buyer Company: Parkway Corporation

This transaction marks Parkway Corporation's entry into the Atlanta market, expanding their portfolio to 11 states. The acquisition also positions the company to benefit from strong parking demand and the long-term redevelopment potential in proximity to notable landmarks such as Centennial Yards, Mercedes-Benz Stadium, and State Farm Arena.