ATLANTA—Cousins Properties has sold Galleria75, an office complex in the Cumberland-Galleria submarket ofAtlanta. Baker Bennard & Goetz, along with aprivate family investor, purchased the asset.
The dollar amount of the transaction, a tax-deferred exchangeunder U.S. Internal Revenue Code Section 1031, was not disclosed.Cousins acquired the asset in 2004 for $11.4 million fromKoll Bren Schreiber Realty Advisors.
Colliers International Atlanta vice presidentHuston Green and senior vice presidentHayes Swann represented Cousins Properties. A teamled by Deming Fish, senior vice president anddirector of Colliers’ Atlanta Landlord Services Group, will handleleasing at Galleria 75. Baker Dennard & Goetz will manage theproperty.
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