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Atlanta Perimeter office project sells for $228 million

Douglas Sams
Atlanta Perimeter office project sells for $228 million

An affiliate of Starwood Capital bought the One and Three Glenlake office towers, which combined make up a 711,000-square-foot office project at Abernathy Road and Georgia 400. Starwood paid about $321 per foot. Columbia Property Trust Inc. (NYSE: CXP) was the seller.