Contact Us
News

PLATINUM LISTING

Atlanta

Want to get a jump-start on upcoming deals? Meet the major Atlanta players at one of our upcoming events!

PLATINUM LISTING
platinum tower cbre investors will yowell justin parsonnet jay o'meara sale cannon equities cumberland galleria
A prime Cumberland-area office tower is up for sale. CBRE Global Investors tapped CBRE's  Will Yowell, Justin Parsonnet  and  Jay O'Meara  to list Platinum Tower, the 313k SF Class-A office building  in the Galleria submarket off of Interstate North Parkway. And, boy, has the tower come a long way. If you take your time machine back to 2002, the building was picked up in delapidated condition by Cannon Equities at 62% occupancy. The group renovated the tower and by 2006 resold it to CBRE f or $50M, or nearly $160/SF. Now, the tower is 95% leased, with such tenants as Walmart, Lincoln Financial and Siemens. It's unknown as of press time how much CBRE is seeking for the tower.