KKR Affiliate Buys Microsoft-Occupied Atlanta Office

Global Atlantic Financial Group has acquired Atlantic Yards, a Class A trophy office asset consisting of two towers in Midtown Atlanta. Global Atlantic, a subsidiary of KKR, acquired the property from Hines and its institutional joint venture partner advised by Invesco Real Estate.

The property, built in 2021, consists of 523,511 square feet of office space located within Atlantic Station, a 12.5 million square foot master planned sustainable mixed-use development in Atlanta’s Midtown submarket. The state-of-the-art property is designed for LEED Gold certification and was purpose built for high-tech occupancy while embracing the industrial heritage of the Atlantic Station site, once the home of the Atlantic Steel Mill and railyards. The property has highly efficient building systems and features extensive outdoor areas, fitness facilities, bike storage and 861 parking spaces. Atlantic Yards, located within a highly commuter friendly area, is within walking distance of Midtown’s most popular dine-shop-work destinations.