The loan on the heavily leveraged class A building at 3348Peachtree Road was transferred to special servicer CW Capital,which is talking with Transwestern about restructuring the loan.Transwestern has blamed falling office rents in the Atlanta marketfor its troubles.

Transwestern's loan on Tower Place 200 reportedly will mature in2011 and currently has a 6.4% interest rate. If terms cannot bereset or if Transwestern cannot find an equity partner, the14-story, 260,000-square-foot building could be placed on themarket.

Transwestern and CW Capital executives could not be reached forcomment. The Chicago-based company bought Tower Place 200 for $57.8million three years ago from the Ohio Police & Fire PensionFund, according to the Atlanta Journal-Constitution.Occupancy in the building was just under 80% at the time of thesale but has since declined, with Wachovia Bank breaking its leaseand vacating one level.