PMRG Buying Peachtree Lenox Building

You're hearing it here first. We expect an announcement any day now that PM Realty Group has purchased the Peachtree Lenox Building, the glass-encased, nine-story, 125k SF office building adjacent to Lenox Square. The Lionstone Group, which purchased the circa-'60s office building in 2005 for $21.76M, is listed as the most previous owner, according to Databank. Details on the latest transaction were not available as of press time, and officials with PMRG and Texas-based Lionstone were not available.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Furniture Outlet The Dump Is Getting Dumped In Atlanta

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Airbnb Launches $250M Fund To Invest In Affordable Housing

Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength

Canadian CRE Investors Shrug Off Trade War, Spend $9B On U.S. Assets

HPP, Blackstone Nab Extension On $1.1B Loan Tied To 2.2M SF Hollywood Portfolio

BMO Executive Named New CEO At CREFC

Traders Bet On A Rate Hike From The Fed After Inflation Report Climbs Higher

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint