Denver, Colorado (PRWEB) April 14, 2014

Amstar announced today the recapitalization of Centrum at Glenridge with operating partner Origin Capital Partners. Origin, a Chicago-based real estate investment manager, acquired the 186,362 sf, eight-story, multi-tenant office building in February 2014 as part of its second value-add fund. The seller was a joint venture between Atlanta-based Ackerman & Co and Northwestern Mutual. The recapitalization was facilitated by Ken Grimes of Patterson Real Estate Advisory Group.

Centrum at Glenridge is located on Johnson Ferry Road in Atlantas Central Perimeter submarket and is currently 84% leased to 15 tenants. The Property features a diverse tenant base and staggered rent roll, anchored by Haverty Furniture Company, Inc. and Cumulus Media. The Property features an exercise facility, on site caf