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180 Peachtree Street
Atlanta, GA
Downtown
585,000
July 2000
Property Overview 180 Peachtree Street is located at the corner of Peachtree and Ellis Street in downtown Atlanta, Georgia. The property is a 585,000 square foot office building and two structured parking garages containing 1,296 spaces.
Investment Strategy Taconic acquired the property from Federated Department Stores in June of 2000 who operated a Macy's Department Store on the ground floor and lower level of the building until June of 2003. Taconic invested over $24 million in a capital improvement program which included lobby and common corridor renovations, vertical transportation, increased power capacity, back up generators and additional fiber connectivity. This transformation resulted in a first class office building and one of the most technologically advanced buildings in Atlanta.

Taconic sold 180 Peachtree Street in March 2007.
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