APG BUYS A WHOLE INTERSTATE

Atlanta Property Group keeps on adding to its Atlanta portfolio (it takes the name pretty seriously). The firm closed on 280 Interstate North, a 124k SF office building in the Cumberland/Galleria area from Eola Capital. The building was part of Eola's Atlanta portfolio that is managed by Banyan Street Capital and was part of a portfolio put up for sale earlier this year (as we reported here). Cushman & Wakefield's  David Meline  and  Stewart Calhoun brokered the sale. According to Databank, APG paid more than $8M. This is the latest APG buy in Atlanta, including 1200 Ashwood and 2801 Buford Hwy building in the Druid Chase complex. Lavista Associates' Austin Chase  and  Kirven Brantley have been tapped to lease the property.

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

Microsoft Moves To Undo Local Tax Breaks For Atlanta Data Center Projects

ICE Pivot From Warehouse Plan Funnels Cash To Private Prison Owners

Portman's Ten Twenty Spring Nabs Refinancing: The Atlanta Deal Sheet

Blackstone Vice Chairman Tom Nides On Leadership And The Future Of CRE

California Real Estate Exec Charged In Child-Safety Sting

CRE Leaders Stress Importance Of Adaptability As DFW Continues To Grow

New York Investor Buys Smyrna Flex Warehouse

MDNI Group Buys Santa Monica Apartments Out Of Receivership: The Los Angeles Deal Sheet

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates