Georgia State's research arm buys downtown office building

Georgia State University's research arm is buying a four-story office building in downtown Atlanta.

The Georgia State University Research Foundation purchased 40 Pryor Street for $1 million, college spokeswoman DeAnna Hines said. The property was appraised at about $1.9 million, she said.

The purchase gives the school access to an entire block on Georgia State's growing campus. The newly-purchased office building sits next to the school's College of Education tower.