ATLANTA—Park Center I, a 13-story, LEED-certified office tower on a seven-level parking structure with ground-floor retail, has traded hands. Financial terms of the deal were not disclosed.

Corporate Properties Trust II LP, a partnership between Mirae Asset Global Investments, based in Seoul, South Korea, and Transwestern Corporate Properties I Investor LP, closed on the acquisition of a 591,000-square-foot Atlanta building in a sale-leaseback with State Farm Auto Insurance Co.

“TIG was attracted to Park Center I because of its location in the Perimeter submarket, the high functionality and direct access to MARTA,” Laurie Dotter, president of Transwestern Corporate Properties, tells GlobeSt.com. This transaction mirrors the acquisition of the 2.2 million-square-foot State Farm campus in Dallas' CityLine project last fall.