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.”