Forum at West Paces Sold to Parkway Properties for $50 Million

forum at west paces

Parkway Properties has made its presence in the Atlanta market well-known in recent years. Among other transactions, Parkway sold 3630 Peachtree in 2011, attempted to purchase One Alliance last summer (Highwoods ended up sealing the deal), and purchased 7000 Central Park in November of 2013. Parkway Properties intends to foreclose on the Forum at West Paces and own the building on a fee simple basis; the foreclosure is expected to occur before the end of 2014. Once the deal is done, Parkway Properties will own about 1.4 million square feet of space in the Buckhead submarket alone.

1

Comments

  1. Manae  November 24, 2015

    Nice job! I was cheering you all on . from inisde 3.18 is actually not that bad for a 5k, I think its really hard to get any closer than 3.15, especially with a lot of turns like CC5k has.

    reply

Add a Comment