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LONDON-Atlas Capital Group has picked up an office asset in London. This, along with a previously revealed New York City buy, total $485 million and represent their first acquisitions since they set up the private investment firm earlier this year.

The two buildings are 25 Dowgate Hill in London and the Meyberry House at 220 E. 63rd St. in New York City. The Cannon Bridge House property was acquired for $385 million from the Fordgate Group. The Meyberry House was acquired for $100 million from M&R Management, a New York City-based property owner-manager.

Cannon Bridge House is one of London’s landmark office properties, constructed directly above Cannon Street Station with views across the River Thames. It is located in the financial core of the city and the property consists of two inter-connecting office buildings known as the Atrium and the River Buildings. The 283,485-sf asset is let a range of tenants including London International Financial Futures and Options Exchange and the Standard Bank London Ltd.

Meyberry House is on New York’s prestigious Upper East Side and comprises 193 residential apartments, 11 professional/medical suites and a 93-car public garage. Atlas is based in New York City and was formed in March by one of the commercial real estate industry’s most prolific investment teams, Jeffrey A. Goldberger and Andrew B. Cohen, who had formerly been investing UBS AG’s capital on a principal basis in real estate. Their strategy at Atlas is to make commercial property investments in major cities in the US and abroad.

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