100 Peachtree is home to the fastest growing software company in Georgia, CallRail, as well as Accenture, Koch Industries; Georgia's Own Credit Union; McGuireWoods law firm; and the Atlanta BeltLine, among others. Many tenants have signed long-term office leases.

Located in Downtown Atlanta, 100 Peachtree is in one of the nation's most resilient markets, per a recent CBRE study. The acquisition comes as the Atlanta CBD's momentum increases, including nearly $5 billion of public and private investment around catalyst projects: The Mercedes-Benz stadium, redevelopment of Underground Atlanta and Turner Field, growth of bike-share programs and new restaurants and retail amenities.

CBRE's Yowell, Jay O'Meara and Justin Parsonnet represented Five Mile Capital Partners and Equitable Real Estate Partners. Zeller principals Bill Rogalla and Mark Vollbrecht represented the buyer.

ATLANTA—One of Atlanta's most-recognized and iconic office towers. Once troubled, 100 Peachtree sold for an undisclosed amount.

Five Mile Capital Partners and Equitable Real Estate Partners sold the office asset to Zeller Realty Group. This marks the second Atlanta-based acquisition for Zeller, the owners of Premier Plaza in the Central Perimeter submarket.

“Atlanta is a top investment market, with the second-highest percentage of job growth and a low cost of doing business, all reasons why investor interest in 100 Peachtree was strong,” says Will Yowell, CBRE vice chairman, who represented the seller. “Investors recognize the stability and growth opportunity in Atlanta, with the creation of 244,000 jobs and unemployment rate of below 5% over the last three years.”

Designed by Skidmore, Owings & Merrill and developed by AXA Equitable Life Insurance Company as its Southeast headquarters in 1969, the 33-story, 622,084-square-foot 100 Peachtree building is 82% leased. Previous ownership completed an extensive renovation over the last five years, including complete window replacement with LEED compliance, a restored lobby, re-energized plaza area, tenant build-outs and major mechanical replacements.

100 Peachtree is home to the fastest growing software company in Georgia, CallRail, as well as Accenture, Koch Industries; Georgia's Own Credit Union; McGuireWoods law firm; and the Atlanta BeltLine, among others. Many tenants have signed long-term office leases.

Located in Downtown Atlanta, 100 Peachtree is in one of the nation's most resilient markets, per a recent CBRE study. The acquisition comes as the Atlanta CBD's momentum increases, including nearly $5 billion of public and private investment around catalyst projects: The Mercedes-Benz stadium, redevelopment of Underground Atlanta and Turner Field, growth of bike-share programs and new restaurants and retail amenities.

CBRE's Yowell, Jay O'Meara and Justin Parsonnet represented Five Mile Capital Partners and Equitable Real Estate Partners. Zeller principals Bill Rogalla and Mark Vollbrecht represented the buyer.