Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-A 28,980-sf office building at 2880 Dresden Dr. has been sold for $4 million to Sophia Academy. The seller was CT Dresden, LLC.

A Richard Bowers & Co. team comprised of Ashley Parker and Ryan Cone represented the seller. Richard Bowers & Co. vice president Ernie Baker represented the buyer. “The seller is relocating the business to an area north of the property and downsizing,” Parker tells GlobeSt.com.

The building, which sits on 5.89 acres, is located in the Interstate 85 north corridor inside Interstate 285 near Mercer University. A former call center with an open floor plan, the building will be retrofitted to accommodate classroom space needed for Sophia Academy, a Christian school for children with learning disabilities.

The school, which serves students in grades K through 8, will be relocating from Mt. Vernon Road in Sandy Springs. The seller will lease back the property prior to occupancy by the school, which is planned for fall 2007.

“The property was of interest primarily due to its size so the school could expand and accommodate more students,” Parker says. “At almost six acres, it was a special opportunity for the school to expand and allow them to use more of the property.”

The property’s location within an area that offers accessibility to Interstate 85 and Interstate 285 and Marta, and close proximity to Atlanta’s urban and suburban communities was another attractive feature. “The location allows the school to serve students that will be coming from all over the city,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.