10Y UST4.74%+1.07%30Y MTG6.65%-0.30%SOFR3.65%VNQ$99.17+0.07%XLRE$45.39+0.12%FED FUNDS3.63%
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Connect CRE · Atlanta · Office

Atlanta Church Buys 94K-SF Buckhead Office Building

Via Connect CRE · August 25, 2026
Compiled by Real Estate Trail Editorial · August 25, 2026

Why this matters

Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. Atlanta multifamily concessions have started to compress in the Inner Perimeter, and industrial demand along the I-85 corridor remains durable. Office bifurcation is pronounced. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
Transwestern brokered the acquisition of Piedmont Place, a 94,000-square-foot, four-story office building at 3520 Piedmont Road Northeast in Atlanta. Transwestern’s Bradley Fulkerson and Austin Hibbard represented Chr…
Read the full article at Connect CRE

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