Atlanta
ATLANTA—Piedmont Office Realty Trust has bought an office tower and a 1.5 acre development parcel within The Galleria in northwest Atlanta. The purchase price was $95.1 million.
The property, Galleria 100, is an 18-story office building that is 91% leased and consists of 414,000 square feet. Piedmont already owns the adjacent Galleria 200 and Galleria 300 properties in the development. The new office building brings Piedmont's total ownership to 1.3 million square feet.
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