{"id":1004079690,"date":"2013-07-05T06:27:34","date_gmt":"2013-07-05T14:27:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004079690"},"modified":"2022-12-09T00:35:50","modified_gmt":"2022-12-09T08:35:50","slug":"franklin-street-buys-atlanta-office-tower-from-jamestown-for-158m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/franklin-street-buys-atlanta-office-tower-from-jamestown-for-158m\/","title":{"rendered":"Franklin Street Buys Atlanta Office Tower from Jamestown for $158M"},"content":{"rendered":"<p><i>By Scott Baltic, Contributing Editor <\/i><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/999Peachtree.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004079693\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/franklin-street-buys-atlanta-office-tower-from-jamestown-for-158m\/999peachtree\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/999Peachtree.jpg\" data-orig-size=\"400,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1241670142&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"999Peachtree\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/999Peachtree.jpg?w=400\" class=\"alignleft size-medium wp-image-1004079693\" alt=\"999Peachtree\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/999Peachtree.jpg\" width=\"200\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/999Peachtree.jpg 400w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/999Peachtree.jpg?resize=200,300 200w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a>Franklin Street Properties has purchased the Class A office tower at 999 Peachtree in Atlanta from Jamestown Properties, of Atlanta, for $157.9 million, Jamestown announced Monday.<\/p>\n<p>The 28-story, 620,000-square-foot building is on Atlanta\u2019s Midtown Mile, not far from Piedmont Park and is currently 94 percent occupied, anchored by Atlanta-based law firm Sutherland.<\/p>\n<p>The seller, which was represented by Eastdil Secured, described the sale as \u201cboth a financial and strategic move.\u201d<\/p>\n<p>Since acquiring the tower in 2007, Jamestown added as tenants Gensler, Oxford Industries, Clothing Warehouse, En Paris and restaurant Empire State South.<\/p>\n<p>The building\u2019s repositioning prioritized the environmental side and sustainable practices, a Jamestown spokesperson told <i>Commercial Property Executive<\/i>. 999 Peachtree received LEED for Existing Buildings Silver certification and the Energy Star designation and features water-reclamation systems and a partnership with a local community-sponsored agriculture (CSA) program.<\/p>\n<p>The building was also a 2009 finalist for the Clean Air Campaign\u2019s PACE Awards, which recognize commuter-friendly workplaces. In addition to access to public transportation, the building provides a bike-share program and Zipcar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Franklin Street Properties has purchased the Class A office tower at 999 Peachtree in Atlanta from Jamestown Properties for $158 million.<\/p>\n","protected":false},"author":882,"featured_media":1004079693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21783,21742,21747,21786],"tags":[],"class_list":["post-1004079690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-investment","category-latest","category-office","category-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Franklin Street Buys Atlanta Office Tower from Jamestown for $158M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/franklin-street-buys-atlanta-office-tower-from-jamestown-for-158m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Franklin Street Buys Atlanta Office Tower from Jamestown for $158M\" \/>\n<meta property=\"og:description\" content=\"Franklin Street Properties has purchased the Class A office tower at 999 Peachtree in Atlanta from Jamestown Properties for $158 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/franklin-street-buys-atlanta-office-tower-from-jamestown-for-158m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-07-05T14:27:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:35:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/999Peachtree.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/franklin-street-buys-atlanta-office-tower-from-jamestown-for-158m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/franklin-street-buys-atlanta-office-tower-from-jamestown-for-158m\/\",\"name\":\"Franklin Street Buys Atlanta Office Tower from Jamestown for $158M - 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