Rubenstein purchased the property in early 2016 for $90 milion. With a $15 million capital improvement plan, the firm aims to transform the office property into a walkable class A urban office environment. As part of the repositioning strategy, Rubenstein is renaming it Pennant Park.
The 11-building, 1 million square foot office development is located at the intersection of Interstate 75 and Interstate 285. That neighbors the new Atlanta Braves SunTrust Park and prominent mixed-use project The Battery Atlanta.
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