Brookdale To Buy Galleria 300?

Atlantas Brookdale Group may scoop upof one of Cumberland/Gallerias most iconic towers.

Sources tell us that the Brookdale Group is in talks to buy Galleria 300, the 435k SF tower thats part of Childress Kleins Galleria office park. We reported last month that Childress Klein has beenquietly marketing Galleria 300 with CBREs Will Yowell and team. We havent learned the potential purchase price as officials with Childress Klein, CBRE, and Brookdale did not return calls seeking comment. More than 80% leased, Galleria 300 is home to the HQ of Travelport, which renewed 130k SF last October, and PowerPlan, which leased 46k SF earlier this year.

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

Auto Retailer Completes Hennessy Acquisition: The Atlanta Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Despite Foreclosure Litigation, Kaufman Astoria Studios Is Bouncing Back

How Flash Is Turning Parking Into A Performance Asset For CRE Owners

TruAmerica Buys Dunwoody Apartments: The Atlanta Deal Sheet

Hospital Construction Costs Are Climbing. Atlanta's Healthcare Systems Keep Building