Guess Which Buckhead Tower is Hitting the Market?

This time, it's One Buckhead Plaza, the 440k SF tower overlooking the Buckhead Village and OliverMcMillan's Buckhead Atlanta project.

Sources tell us Seattle-based Metzler has tapped Eastdil Secured to market the property, seeking $140M, or about $310/SF. That would continue Atlanta's office market trend of selling prime properties above $300/SF.

The tower is 92% occupied, with tenants Niles Bolton and JP Turner taking a good portion. Eastdil has been having a big year; aside from having Northpark Town Center under contract with Cousins Properties, the firm also helped sell Palisades Office Park in Central Perimeter for $95M to Atlanta Property Group and 171 17th St, which sold to KBS Realty Investment Trust for $132.5M. Officials with Eastdil and Metzler could not be reached for comment.

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

Tishman Speyer Lining Up $340M Refi Of 2.4M SF Chicago Office Complex

Dutch Office Investment Leaps — But The Conversion Play Runs Out Of Road

How Will Opportunity Zones 2.0 Impact Seattle? One Expert Weighs In

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Sandy Springs Shopping Center Gets Incentives For Major Overhaul: The Atlanta Deal Sheet

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Coconut Grove Office Flipped For $15M Gain After One Year