One Alliance Getting Lots of Attention

One Alliance

One Alliance initially sparked Tishman Speyer’s interest when it negotiated the building’s transfer of ownership last year to ORIX Capital Markets. Since ORIX placed the 22-story asset on the market last month, Tishman Speyer and Highwoods Properties are both doing major assessments and preparing bids. Last year, Highwoods bought the neighboring tower, Two Alliance, from Tishman Speyer (who still owns the smaller, third asset that joins One and Two Alliance to make up Alliance Center). No bids have been submitted yet, but most expect to see some movement on this building in the coming months.

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