May
30
Downtown Atlanta Trophy Asset Changes Hands
ByThe iconic 100 Peachtree was developed by Equitable Life Insurance Co. in 1969 and designed by Skidmore, Owings & Merrill. The tower is currently 82 percent leased.
Chicago-based Zeller Realty Group has purchased downtown Atlanta’s 100 Peachtree. CBRE represented the sellers, Five Mile Capital Partners, of Stamford, Conn., and Equitable Real Estate Partners. The purchase price was not disclosed.
The 33-story, 622,000-square-foot, Class A building was developed by Equitable Life Insurance Co. in 1969 as its Southeast headquarters. Designed by Skidmore, Owings & Merrill, the tower is currently 82 percent leased to tenants that include Accenture, Koch Industries, Georgia’s Own Credit Union, law firm McGuireWoods and software maker CallRail…
