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Atlanta & Southeast  + Office  |  March 17, 2020
David Cohen
By: David Cohen

JLL Arranges Sale of 342K-SF Office Building in Atlanta

JLL has arranged the sale of 55 Allen Plaza, a 342,854-square-foot office building in Atlanta. The sales price was not disclosed.

Located in Atlanta’s Innovation Corridor, the property is nearby Georgia Tech and Tech Square. Built in 2007, the tower is anchored by Ernst and Young and features a suite of amenities that include a recently constructed tenant lounge and conference center, as well as a modern innovation lab.

Richard Reid, Ryan Clutter, Ralph Smalley and Huston Green of JLL represented the seller, a state pension fund advised by Lincoln Property Company, in the transaction. The buyer was an affiliate of Lone Star Funds, the global private equity firm.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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