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Investors place $200 million bet on one of Atlanta's largest office parks with overhaul plans

CP Group venture wins Piedmont Center for fraction of former value at foreclosure auction
The 14-building Piedmont Center office complex in Atlanta's Buckhead area was last valued at $657 million. (CoStar)
The 14-building Piedmont Center office complex in Atlanta's Buckhead area was last valued at $657 million. (CoStar)
CoStar News
June 4, 2025 | 10:41 P.M.

A sprawling office complex in a posh Atlanta suburb is closing a troublesome chapter after a joint ownership venture has scooped up the 2.2 million-square-foot property for a fraction of its former value.

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