Hines unloading two metro area buildings

The builders of King & Spalding LLP’s office tower in Midtown are unloading two other area office buildings. In September, California Public Employees’ Retirement System (CalPERS) and minority owner Hines Interests L.P. sold off its interest in Overlook III, a 438,000-square-foot office tower on Paces Ferry Road in Cobb County… Flippin’ burgers The Griffin Co. has scrapped plans for a SoBo (South Buckhead) office condominium building. The developer instead has put the 1.6-acre site at 1820 Peachtree up for sale for an undisclosed sum. “Our concept for 1820 Peachtree right now is on hold,” said Kirk Demetrops, senior vice president of Griffin… Originally Published in the Atlanta Business Chronicle. Read More...