News
OUT OF DISTRESS
January 9, 2012
![OUT OF DISTRESS](https://62b44a55c8f3a87440df-45c7b4d5aac2f388172e587008aaac69.ssl.cf2.rackcdn.com/1200ashwoodjpgcondensed.jpg-large.jpg)
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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. | ||