Prominence Office Tower in Atlanta Trades for $105M

Crocker Partners, a Boca Raton, FL-based investment firm, acquired the 18-story Prominence office tower in Atlanta, GA, from an investment group led by TIAA-CREF for $105 million, or about $243 per square foot.

The Class A, 432,000-square-foot office building was delivered in 1999, and is part of the Prominence Building Park.

David Meline of Cushman & Wakefield handled the deal for TIAA-CREF, while Crocker Partners was self-represented.

Please see CoStar COMPS #2539795 for more information on this transaction.