The eight-story property is fully leased to tenants like PayPal, Venmo and sports e-commerce company Fanatics.
Developers are growing increasingly frustrated with Philadelphia City Council, which they say threatens to undermine the real progress the city has made.
Madison Yards is CTO's third Metro Atlanta investment.
Brickell is dominating the market — rents are up 42% in the last year.
MDH's purchase is the latest for its recently expanded fund.
The firm says it expects to open its new office next year.
Orange County rents were up just over 18% in the first three months of the year compared to the same period the previous year.
The deal is part of a commercial real estate industry consolidation trend that has seen smaller firms swallowed up by larger ones.
Michael Gove said housebuilders are a cartel as tensions rise between property industry and UK government
The federal government's plan to bring the vast majority of workers into the office could spur a broader return to downtowns nationwide.
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