Crocker Partners Sells Regions Plaza, Midtown Atlanta, After Repositioning Adds Value, Takes Asset to More Than 90% Leased
ATLANTA, GA. – August 28, 2017 – Crocker Partners announced the sale of Regions Plaza, a Class A, 503,000-square-foot office tower in Midtown, Atlanta’s premiere submarket, to PGIM Real Estate. The sale follows Crocker Partners’ repositioning of the 23-story, LEED Gold trophy tower, taking the asset’s occupancy from 36 to 91 percent since 2013. Crocker Partners previously owned Regions Plaza and sold the asset in 2005. Following an anchor tenant’s departure, Crocker re-acquired a controlling…
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