Office buildings are at the bottom of the list of real estate assets most investors want to buy. But as prices fall, there is a brave minority of buyers putting millions behind the belief that office demand will one day return on a large scale. Boyd Simpson is one of these contrarian investors. He paid $109M in September for the Towers at Wildwood Plaza, a two-building, 1.7M SF complex in Cobb County that was developed in 2000 and is 43% vacant. 
America's Capital Partners — which sold the buildings for $9.5M less than it paid in 2014, according to Reonomy — had an upcoming debt maturity, and Simpson leapt at the opportunity to buy high-quality real estate at what he views as a bargain.“One has to assume the office business has not changed in…  Read the full story here. | 
