The Atlanta Public School system sought to generate
capital through the disposition of its inventory of surplus
properties. The Atlanta Public School system represents
one of the oldest and largest government organizations
within the State of Georgia.
Red Rock Global advised the Atlanta Public Schools
(“APS”) in the advisory and subsequent disposition
strategy for over 50 surplus properties.
Red Rock Global analyzed each asset considering highest
and best use, property condition and community
dynamics. Ultimately the disposition plan created by Red
Rock Global enabled the City of Atlanta to place
abandoned unproductive assets back into the City’s tax
base. While APS received much needed cash, the City
received much needed tax revenue and successfully
improved the safety and aesthetics of numerous
communities. Red Rock Global added value to the City of
Atlanta through the subsequent repositioning and
adaptive reuse of various economically obsolete parcels.