PGIM Buys Midtown Atlanta Office Tower
ByPGIM Real Estate completed the acquisition of Regions Plaza, a Class A, 502,846-square-foot office tower in Midtown Atlanta. The company purchased the 23-story asset on behalf of institutional investors. According to Yardi Matrix, the seller was Crocker Partners, an Atlanta-based real estate and management firm.
Located at 1180 W. Peachtree St. NW, Regions Plaza features full-service concierge, a conference facility, valet parking, an on-site Flywheel and FlyBarre Studio, dry-cleaning, dining and on-site banking services. Completed in 2001, the building is LEED Gold certified and ENERGY STAR-rated, attracting a range of tenants including law firms, banking, sales, technology and construction…