The Teachers Retirement System purchased the structure in a foreclosure auction in 2011 for $57 million, about a 31% decline in its market value.

Last year the 342,853 square foot, Class A office building underwent a renovation. Upgrades included new floors and fixtures, a coffee bar, remote meeting space, lounge zones and a breakroom-style kitchen area, which can also function as an event space, with a mini catering kitchen and pop up bar.

The building also offers full-time security, a renovated fitness center, a 5,000 square foot conference center and three dual-car charging stations. It is Leed Gold Certified with an Energy Star score of 93.

The property has direct access to Interstate 75/85, and is a five-minute walk to the Civic Center MARTA transit station and close to the Georgia Institute of Technology.

Anchored by Ernst & Young's regional headquarters, the office building also houses several law firms. Among them are the Atlanta office of Gordon Rees Scully Mansukhani; Stewart Trial Attorneys, a law practice focused on personal injury and civil rights litigation; and the Fogle Law Firm, which focuses on immigration and civil rights.

Atlanta ranked eighth in the nation for overall real estate prospects and investor demand in 2020, according to a report by the Urban Land Institute, "Emerging Trends in Real Estate 2020." Of course that report was written in late 2019, before the coronavirus brought the US economy to its knees.