{"id":21448,"date":"2019-02-25T16:31:11","date_gmt":"2019-02-25T14:31:11","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=21448"},"modified":"2026-04-02T15:16:53","modified_gmt":"2026-04-02T12:16:53","slug":"top-10-office-sales-atlanta-2018","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/top-10-office-sales-atlanta-2018\/","title":{"rendered":"The Top 10 Office Sales of 2018 in Atlanta"},"content":{"rendered":"

We recently conducted an analysis looking at the biggest U.S. office sales of 2018<\/a>, and while many of these sales closed in pricey and popular markets like New York, Boston, Chicago, or Seattle, one Atlanta deal also managed to sneak in: the $268 million sale of Three Alliance Center<\/a> was the 48th largest office transaction of 2018.<\/p>\n

The Florida State Board of Administration forked over roughly $532 per square foot to land the 30-story, Class A+ high-rise from Tishman Speyer in January, setting the tone for the rest of the year. The 502,358-square-foot Buckhead<\/a> office tower was completed in 2017 and is home to high-profile tenants such as CBRE, Aon, Global Advisors, and Serendipity Labs, according to data from Yardi Matrix.<\/p>\n

\"Three<\/a>

Three Alliance Center, Atlanta<\/em><\/p><\/div>\n

Roughly 6 months after the Three Alliance Center sale, Bridge Investment Group closed another notable 2018 Atlanta office deal. The company paid $251 million to acquire the 1 million-square-foot AT&T Office Portfolio from Fortress Investment Group in August 2018. The sale was funded by a $223 million loan held by TPG Capital, due in 2022, and included the properties at\u00a01025, 1055 and 1277 Lenox Park Blvd. NE, and 2180 Lake Blvd. NE<\/a>. Bridge Investment Group also closed the fourth-largest deal of the year, when it bought the Royal Centre Portfolio from The Dilweg Cos. for $107 million.<\/p>\n

\"2180<\/a>

2180 Lake Blvd NE, Atlanta<\/em><\/p><\/div>\n

The Atlanta office market<\/a> closed 2018 with two sales topping the $200 million mark and three sales with price tags over $100 million. New York Life Real Estate Investors closed the third-largest deal of the year, acquiring the property at 3475 Piedmont Road NE for $166 million, Bridge Investment Group paid $107 million for the Royal Centre Portfolio, while Starwood Property Trust shelled out $105 million to purchase the office building at 7000 Central Parkway<\/a> from CBRE Global Investors.<\/p>\n

Check out the full top 10 below:<\/p>\n

<\/div>\n