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Article: Manulife Financial acquires 1100 Peachtree office tower in Atlanta.
- Article from:
- PR Newswire
- Article date:
- February 7, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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- 582,000 square foot building newest addition to Manulife's global real estate portfolio -
ATLANTA, Feb. 7 /PRNewswire-FirstCall/ -- Manulife Financial, the second largest life insurance company in North America, has purchased the 1100 Peachtree Street office tower in Atlanta, Georgia from 1100 Peachtree Street Associates, L.P., a joint venture of USAA Real Estate Company and Carter (a privately held commercial real estate firm), for US$153.86 million.
"1100 Peachtree is an exceptional complement to our portfolio and solidifies Manulife's presence in the Atlanta real estate market," said Stephani Kingsmill, Senior Vice President and General Manager of ...