Monday, March 3, 2008

Intercontinental Acquires Atlanta Area Office for $103M

Intercontinental Real Estate Corp. has acquired Lakeside Commons, a 514,000-square-foot, Class A office complex in Atlanta’s Central Perimeter submarket, for $102.8 million. It is at least the third office acquisition made through Intercontinental’s U.S. Real Estate Investment Fund, L.L.C., in recent weeks.

The name of the seller was not disclosed today.

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Trulia Real Estate - Atlanta