ATLANTA—Decatur Plaza has traded hands. Pope & Land Enterprises sold the 112,000-square-foot class A office building to REIT Management & Research.
David Meline, Stewart Calhoun, Samir Idris, and Casey Masters of Cushman & Wakefield’s Southeast Capital Markets Group represented Pope & Land. Financial terms of the deal were not disclosed.
Located at 101 W. Ponce de Leon Ave. in Downtown Decatur, the property is 100% leased through 2021 to The Emory Clinic Inc., a subsidiary of Emory Healthcare, Georgia’s largest healthcare provider. The deal also included an interest in 122 parking spaces located in the Artisan Parking Deck just west of the property.
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