180 Peachtree Street

Address: 180 Peachtree Street, Atlanta, GA
Submarket: Downtown
Size: 585,000 square feet
Type: Office
Date Acquired: July 2000
Date Sold: March 2007

180 Peachtree Street is a 585,000-square-foot office building with two structured parking garages containing 1,296 spaces located at the corner of Peachtree and Ellis Street in downtown Atlanta. We acquired the property in July 2000 from Federated Department Stores who operated a Macy’s Department Store on the ground floor and lower level of the building until June 2003. Our $24 million capital improvement program included lobby and common corridor renovations, vertical transportation, increased power, back-up generators, and additional fiber connectivity. This transformation resulted in a first-class office/telecom building and one of the most technologically advanced buildings in Atlanta at the time.

180 Peachtree Street