Perimeter Pointe: $29.144M acquisition financing secured for retail center in Atlanta's Central Perimeter
ATLANTA, Jan. 26, 2026 – JLL Capital Markets announced today that it has secured a $29.144 million acquisition financing for Perimeter Pointe, a 360,017-square-foot retail center in Sandy Springs, Georgia.
JLL represented the borrower, The Ardent Companies, in arranging the two-year, floating-rate loan through Ameris Bank.
Perimeter Pointe, located at 1155 Mount Vernon Hwy., occupies a prominent site at the intersection of Mount Vernon Highway, Perimeter Center West and Abernathy Road, just east of the Georgia 400 interchange. The property benefits from strong traffic counts, with Georgia 400 generating 204,000 average daily traffic within 0.8 miles and Abernathy Road generating 62,900 average daily traffic within 0.2 miles of the property.
Sandy Springs serves as an economic leader in the Atlanta metropolitan area, leading Fulton County in projected job growth of nearly 45.2% over the next 10 years. The city has maintained an unemployment level of less than 3.5% over the past decade and is home to major corporations including Mercedes-Benz USA, Newell Brands, Cox Communications and State Farm.
The retail center, built in 1995, features anchor tenants including LA Fitness, Regal Cinemas, Office Depot, Dick's Sporting Goods and Chick-fil-A. The property is currently 57.9% leased, though this includes approximately 105,000 square feet of vacant space designated for demolition as part of a future development opportunity. Excluding the space set for demolition, the property is 81.8% leased.
JLL Capital Market’s Debt Advisory team representing the borrower was led by Managing Director John Davis, Director Hunter Goldberg, Vice President Kelsey Bawcombe and Analyst Streeter Simmons.
"This acquisition financing demonstrates the continued appeal of well-located retail assets in Atlanta's strongest submarkets," said Davis. "Perimeter Pointe's strategic location in the Central Perimeter submarket, combined with its stable tenant base and future development potential, made it an attractive investment opportunity."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About The Ardent Companies
The Ardent Companies operates as a privately held real estate firm focused on opportunistic and diversified investment strategies. With significant industry experience and a demonstrated track record, Ardent leverages its established relationships and capital flexibility to attain a diverse set of risk-adjusted investments. The firm pursues opportunities with an innovative and disciplined approach, making material investments together with our limited partners for maximum alignment. As the firm continues to build upon its infrastructure, portfolio, and footprint, Ardent is committed to creating a positive impact on its employees, investors, and communities. Founded in 2012, Ardent has invested over $5.5 billion with over $3 billion in assets currently under management. Ardent’s investment strategies extend across US state lines and country borders, with a current presence in 40 states and three countries. As Ardent expands upon its geographic footprint, the firm continues to grow its employee base with team members based in Atlanta, Charlotte, Miami, Los Angeles, Chicago, and New York City as well as in London, UK.
About Ameris Bank
Ameris Bank is committed to bringing financial peace of mind to communities by turning money questions into solid financial plans and helping clients build and protect their futures. The bank offers tailored financial solutions designed to empower individuals and businesses to achieve their goals, serving as a dedicated partner through every step of their financial journey.