ATLANTA—7000 Central, a 415,490-square-foot class-A office building in the heart of the Central Perimeter submarket of Atlanta, just traded hands. The office building is 86% occupied and sold for $85 million.

"Atlanta is in the latter stages of recovery, with broad-based job growth," says Vance Maddocks, president of CBRE Strategic Partners US. "Employment gains exceed the national average overall, with a stable population of professional services companies supporting continued growth."

The 18-story office building sits in a market that has seen plenty of corporate relocations in recent years, along with multifamily and retail developments that have urbanized the submarket. The building offers tenants access to GA400 and Interstate 285, as well as shuttle service to two MARTA stations.