Salesforce Tower Sells For $205 MM in Buckhead

Global investment firm KKR is the new owner.
Listen To This Post

Salesforce Tower, a 34-story office Buckhead highrise, has sold for $205 million.

Sign up now to get our Daily Breaking News Alerts

  • This field is for validation purposes and should be left unchanged.
Opt out at anytime

CBRE represented funds managed by Oaktree Capital Management, L.P., and Banyan Street Capital in the sale to global investment firm KKR.

As its name suggests, the office tower is anchored by the cloud computing developer Salesforce which operates seven regional hubs around the globe.

In conjunction with the recent long-term expansion and renewal of Salesforce, Oaktree completed an $8.4 million capital investment program ahead of the acquisition.

Salesforce also invested over $12 million in an “interactive lobby” and the creation of a top floor “Ohana” space, a multipurpose lounge with a full-service kitchen.

The technology-driven, B2B tenant roster at Salesforce Tower includes RentPath, Rubicon, SAS Institute, Ademco, Soltech, and Carat.

Caleb J. Spivak

Caleb J. Spivak (CJS) is the Founder of What Now Media Group, Inc., the publisher of What Now Atlanta and What Now Los Angeles.
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Related Posts

login

Login to manage your profile and comments

Register

Register now to manage your profile and comments. 
The information provided will only be used to create and manage your comments.

Sign up now to get our Daily Breaking News Alerts

Be the first to know. Sign-up to get our breaking news alerts delivered straight to your inbox. Go ahead. It's absolutely free!