Holland & Knight Advises on Acquisition of Three Office Towers in Suburban Atlanta
ATLANTA (June 8, 2021) – Holland & Knight represented Farallon Capital Management, L.L.C. and its joint venture with CP Group in connection with the acquisition of three prominent office towers in the Atlanta suburbs from Franklin Street Properties Corp. The deal was announced on June 1.
The three-building portfolio includes One and Two Ravinia Drive in Atlanta's Central Perimeter submarket and One Overton Park in its Cumberland submarket.
Headquartered in San Francisco, Farallon is a global institutional investment firm that manages approximately $35 billion. CP Group, formerly Crocker Partners, is a premier owner, operator and developer of office and mixed-use projects throughout the Southeast and Southwest United States. The firm is headquartered in Boca Raton, Fla.
The Holland & Knight team representing Farallon and CP Group was led by Partner Keith Sambur and included Partners Matthew Joe and Richard Lear and Associates Andrew Gillespie and Lindsey Dundas.
More information about the transaction can be found here.