HFF announces sale and financing of Buckhead Tower in Atlanta, GA

                                                                                  Photo by Pat Kelly
Buckhead Tower at Lenox Square, Buckhead submarket,
Atlanta, GA    

                      

Richard Reid

                                                      ATLANTA, GA –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and the financing of Buckhead Tower at Lenox Square, a 348,000-square-foot, Class A office tower in Atlanta’s Buckhead submarket.

The HFF team represented the seller, a joint venture led by Parmenter Realty Partners Fund IV, and procured the buyer. 

 Additionally, the HFF team placed the floating-rate acquisition loan with MetLife Real Estate on behalf of the buyer.

      

Buckhead Tower is situated on a 1.96-acre site at 3399 Peachtree Road NE, directly connected to the Lenox Square Mall and the JW Marriott Hotel in Buckhead.

Ed Coco

 This location is close to GA-400 and Interstate 85 and has direct MARTA and BUC bus transit options adjacent to the property.  The 19-story tower offers tenants a full-service café, fitness center, structured parking and 24/7 controlled access.

The HFF investment advisory and debt placement teams involved in the transaction included senior managing directors Richard Reid, Ed Coco, Ryan Clutter and Dek Potts and managing director Ralph Smalley.

Parmenter is an institutional, fully integrated real estate investment, management and development firm, headquartered in Miami, Florida, with regional offices in Dallas and Atlanta. The company owns and operates high-quality office properties, and is actively involved in the expansion of its portfolio throughout the Sun Belt markets of the United States

Ryan Clutter

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry.  

HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing.  HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF).

  For more information, please visit hfflp.com or follow HFF on Twitter @HFF.

CONTACTS:

RICHARD REID

GA Lic. #313257

HFF Senior Managing Director

(404) 832-8460

rreid@hfflp.com

ED COCO

HFF Senior Managing Director

(404) 832-8460

ecoco@hfflp.com

KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990
krmurphy@hfflp.com