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ATLANTA-The 14-story, 276,000-sf office building at 5660 New Northside Drive in Fulton County is being sold by owner New York Common Fund, an affiliate of New York-based Clarion Partners, area brokers familiar with the submarket tell GlobeSt.com on condition of anonymity. Officials at Clarion Partners couldn’t be reached at GlobeSt.com’s publication deadline.

Area brokers tell GlobeSt.com the owner hopes to get about $150 per sf or about $40 million for the 92%-leased property. Anchor tenants are Denver-based First Data Corp. and Northbrook, IL-based Allstate.

Atlanta area’s overall average sale price this year for office space is about $95 per sf, area brokers tell GlobeSt.com. The rental rate for class A office along I-285 in Fulton County is between $23.50 per sf and $23.80 per sf, according to GlobeSt.com research.

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