Business
Business

Midtown office tower purchased

By Christopher Quinn
May 31, 2012

Prudential Real Estate Investors acquired Ten Peachtree Place in Midtown Atlanta for a German investment group.

The 20-story, class A office space was part of a venture managed by Cousins Properties. Cousins will continue to manage the property.

“This acquisition provides the rare opportunity to invest in a high quality, institutional grade asset, in one of Atlanta’s true transit-oriented, urban environments,” said Barry Howell, a principal with Prudential.

--Christopher Quinn

About the Author

Christopher Quinn is a writer and editor who has worked for The Atlanta Journal-Constitution since 1999. He writes stories on Veterans Affairs, business including high-tech growth in metro Atlanta, Georgia's $72 billion farm economy, and he oversees assigning and editing news obituaries.

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