Georgia Pacific Center
PR&A was requested to assist the ownership, a joint venture between tenant and investor, with a third-party opinion of the condition of the property prior to a potential change in ownership. The evaluation of the as-built conditions was complicated by years of tenant improvements and changes in the original layout and use of space, as well as changes in the local code of regulations. The evaluation included specialty consultants for exterior wall, parking garage, fire and life safety systems and elevators. PR&A’s staff assessed the architectural/structural considerations, MEP systems, tenant improvements, landscape and hardscape, as well as accessibility concerns. Recent changes included modernization of the elevators, and several sustainable improvements that allow the asset to perform more cost efficiently than other properties of similar age.