The sales price is the highest this year for a multi-familyproduct and one of the highest in Atlanta's real estate history,according to DataBank, an Atlanta-based transaction-trackinggroup.
The former Trillium Tower, now One Buckhead Loop, previouslysold for $45 million or $195,652 per unit. The Trillium's per-unitprice is considered the highest recorded in Atlanta commercialproperty annals.CB Richard Ellis Inc. negotiated for GeneralInvestment & Development in the River Heights transaction.
The property is adjacent to the Atlanta Country Club and theChattahoochee River National Reacreation Area in east Cobb County.The buyer plans to rename the asset River Heights Apartments.
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