Franklin Street Doubles Down at Ravinia

It's official. Franklin Street has purchased Two Ravinia Drive. The firm paid $78M, or some $200/SF for the 390k SF pagoda-styled Central Perimeter tower from a Parkway Properties fund, giving Franklin Street ownership of both One and Two Ravinia. We first reported here the pending sale. Cushman & Wakefield's David Meline, Stewart Calhoun, Samir Idris and Casey Masters brokered the transaction.

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

Interest Rate Hike Douses Outlook For Atlanta Developers

Chicago Office Deals Feature More Scrutiny, Added Tenant Protections

Tishman Speyer Retakes Chrysler Building, Plans $235M Renovation

Activist Investor Buys Stake In Empire State Building Owner

San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space

Affinius Relinquishes Big Office Building Next To Capital One Arena

One Thomas Circle, The Elevated Workplace For The Way D.C. Works

Hedge Fund Breaks NYC Record With $375-Per-SF Office Lease

Renewals Dominate In Years-Low Office Leasing Quarter

South Fulton Mayor Embraces Data Centers After End Of Moratorium

University City Office Market Improves Despite Slow Quarter In Philly

High-Flying Midtown Office Market Back To Pre-Pandemic Health