QC Capital focuses on acquiring non-core and/or problem assetsor loans from owners or lenders ranging from $5 to $25 million invalue. "Both of these transactions fit within our fund's investmentcriteria," QC Capital CEO James Puckett says in a statement.

One of the properties acquired was One West Court Square, a158,000-sf office and retail building in Decatur. QC Capitalacquired the defaulted mortgage note on the property and negotiateda deed in lieu of foreclosure with the borrower. The note wasacquired from the mortgage note's special servicing agent for $16.7million in an all-cash transaction. The building is 23% occupied,with plans to lease the vacant space.

"We have earmarked approximately $4 million of additionalcapital for leasing commissions, tenant improvements and buildingimprovements to lease this asset, and have already receivedpositive leasing activity," says QC Capital CIO Starr Schulke, in astatement.