Key Southeastern Skyscraper In Play

Atlanta’s tallest office building is hitting the market. Cousins Properties today announced plans to sell its signature Bank of America Plaza property. The announcement was made during an analyst conference.

It’s unclear how much the building will fetch, but it’s safe to assume that investor interest will be strong. The 55-story, downtown Atlanta office tower has 1.26 million sq. ft. of space. At 1,023 feet tall, it’s also the tallest office tower in the Southeast.

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Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

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