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17-Story Atlanta Highrise Hits the Market
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KBS⁠ Real Estate Investment Trust III Inc. is actively marketing the 17-story tower at 201 17th St. for sale. The Atlanta Business Chronicle reports that KBS purchased the building back in 2015 for $98.3 million.

In a recent public filing, KBS said it needed to sell some properties to satisfy debt obligations.

The tower is 88% leased, with long-term anchor tenancy and high-quality amenities in the surrounding Atlantic Station development.

The following companies are tenants in the building:

Worldpay US, Inc. / FIS (Fidelity Information Services), Nelson Mullins Riley & Scarborough LLP, Purchasing Power (holding a multi-floor lease commitment through 2032), Tractian, Feedzai Inc., and Bluewolf (an IBM Company — Salesforce Consulting) – Cloud consulting and advisory services.

Amenities include a 15,000-square-foot penthouse area with a modern outdoor deck, a barbecue grill, a bar, and skyline views; a conference facility tailored for tenant meetings and presentations; a dedicated lounge for relaxation and collaboration; and an on-site café.

The post 17-Story Atlanta Highrise Hits the Market appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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