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European Investor Makes First Major US Real Estate Purchase

PPF Real Estate Buys Atlanta-Area Office Portfolio As Sales Market Perks Up
PPF Real Estate paid $142.5 million for four office buildings, including 500 Colonial Center Parkway, at Mansell Overlook north of Atlanta. (CoStar)
PPF Real Estate paid $142.5 million for four office buildings, including 500 Colonial Center Parkway, at Mansell Overlook north of Atlanta. (CoStar)
CoStar News
April 16, 2021 | 8:41 P.M.

Office investment sales in Atlanta, which dropped 50% last year, appear to be rebounding with a large purchase by a European investment firm being the latest sign of renewed confidence in the sales market.

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