News
OUT OF DISTRESS
January 9, 2012
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| We also learned that Atlanta Property Group has purchased 1200 Ashwood, a 183.6k SF office building in Central Perimeter for approximately $10M from LNR, which was the special servicer on the building's loan. In turn, Atlanta Property Group will spend an additional $1M to update the property. (Skateboard park?) This is the third purchase by APG's ?discresionary fund? in the past year and a half, including its purchase of Druid Chase office park and The Park at Perimeter Center East. | ||
