Midtown office tower purchased
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.
