{"id":1004178643,"date":"2017-05-30T15:11:14","date_gmt":"2017-05-30T23:11:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004178643"},"modified":"2022-12-08T15:07:11","modified_gmt":"2022-12-08T23:07:11","slug":"transwestern-to-buy-state-farm-project-in-atlanta","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transwestern-to-buy-state-farm-project-in-atlanta\/","title":{"rendered":"Transwestern to Buy State Farm Project in Atlanta"},"content":{"rendered":"

By Evelina Croitoru<\/p>\n

Transwestern Investment Group recently announced that Transwestern Corporate Properties I Investor has entered into an agreement to purchase Park Center I, the first phase of State Farm\u2019s more than 1.7 million square feet campus in Atlanta\u2019s Central Perimeter. The acquisition is part of a sale-leaseback transaction that follows Transwestern’s purchase<\/a> of the 2.2 million-square-foot mixed-use project in Texas.<\/p>\n

Located at 236 Perimeter Center Parkway NE, the 13-story office tower is situated on a seven-level parking structure and also incorporates ground-floor retail. The Class A building is adjacent to the Dunwoody MARTA station. State Farm employees moved into the new location late last year and will continue to occupy the 602,000-square-foot building, which is the first phase of a\u00a0three-tower development. The second phase includes the development of a 22-story office building and an 18-story property.<\/p>\n

KDC developed the project, while Cooper Carry & Associates serves as\u00a0the architect and Holder Construction Co. is the general contractor.<\/p>\n

Images courtesy of KDC <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Park Center I features 602,000 square feet and is the first phase of a three-tower development project which, upon completion, will also incorporate a 22- and an 18-story building.<\/p>\n","protected":false},"author":1055,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742,21747],"tags":[34405,34406,33619,33313],"class_list":["post-1004178643","post","type-post","status-publish","format-standard","hentry","category-atlanta","category-deals","category-latest","category-office","tag-cooper-carry-architects","tag-holder-construction","tag-kdc","tag-transwestern"],"acf":[],"yoast_head":"\nTranswestern to Buy State Farm Project in Atlanta - 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\/transwestern-to-buy-state-farm-project-in-atlanta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transwestern to Buy State Farm Project in Atlanta\" \/>\n<meta property=\"og:description\" content=\"Park Center I features 602,000 square feet and is the first phase of a three-tower development project which, upon completion, will also incorporate a 22- and an 18-story building.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/transwestern-to-buy-state-farm-project-in-atlanta\/\" \/>\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=\"2017-05-30T23:11:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T23:07:11+00:00\" \/>\n<meta name=\"author\" content=\"Evelina Croitoru\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-to-buy-state-farm-project-in-atlanta\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-to-buy-state-farm-project-in-atlanta\\\/\"},\"author\":{\"name\":\"Evelina Croitoru\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e9e65abbef696b705a028580e04c8c99\"},\"headline\":\"Transwestern to Buy State Farm Project in Atlanta\",\"datePublished\":\"2017-05-30T23:11:14+00:00\",\"dateModified\":\"2022-12-08T23:07:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-to-buy-state-farm-project-in-atlanta\\\/\"},\"wordCount\":171,\"keywords\":[\"Cooper Carry Architects\",\"Holder Construction\",\"KDC\",\"Transwestern\"],\"articleSection\":[\"Atlanta\",\"Deals\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-to-buy-state-farm-project-in-atlanta\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-to-buy-state-farm-project-in-atlanta\\\/\",\"name\":\"Transwestern to Buy State Farm Project in Atlanta - 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