Portman Revamping Alpharetta Office Complex

Portman Revamping Alpharetta Office Complex
Portman Revamping Alpharetta Office Complex

**Portman Reshaping Alpharetta Office Complex with Mixed-Use Redevelopment**

Portman, a prominent Atlanta-based developer, is moving forward with a transformative mixed-use redevelopment at the Brookside office park in Alpharetta, Georgia. Originally built in the late 1990s, the 150-acre office campus has struggled with occupancy levels in recent years. As part of the redevelopment, one of the two existing buildings will remain as office space, while the other is being converted into a vibrant mixed-use property.

The new vision for the site includes up to 60,000 square feet of retail space, 335 apartments, and 75 townhomes. The redesign aims to bring renewed energy and purpose to the longstanding office campus.

According to the Atlanta Business Chronicle, approximately 130,000 square feet of the existing office space will be retained, with the first floor reconfigured for retail use. Portman will lead the full scope of the project, overseeing both the residential and retail components under a unified plan, rather than splitting responsibilities among several developers.

Bridge Commercial Real Estate purchased the Brookside office buildings in 2021 for $41 million. Portman currently has the property under contract for an undisclosed amount and expects to begin construction in 2026.

The ambitious redevelopment reflects a broader trend in the real estate market, as developers repurpose underutilized office space to meet growing demand for mixed-use environments that blend residential, commercial, and retail uses.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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