Opportunistic & Alternative Investments
Athens Athletic Club is a high-end private health club located in Athens GA. A.A.C offers a variety of programs and activities to help people stay healthy and active through the varying stages of life. Amenities include indoor and outdoor pools, indoor courts, pickle ball, tennis, sauna, cross fit component, rooftop track, and group classes. This 80,000 square foot facility features indoor and outdoor amenities and is in Oconee county’s prime retail corridor.
White Oak acquired this former 115,000 square foot Walmart center in April 2017 and later sold a joint venture interest in the project in June 2019. Situated on roughly 12 acres at E. Arrowood Road and South Boulevard, and located directly on the Lynx Blue Line Rail System, the Arrowood Station acquisition offers substantial value enhancement and adaptive reuse potential, extremely high parking ratios, direct access to the light rail system and intrinsic land value and future development potential in the growing Airport submarket of Charlotte.