BOSTON REALTY TRUST ACQUIRES 470,000-SQUARE-FOOT ATLANTA OFFICE COMPLEX

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ATLANTA — Boston-based Winthrop Realty Trust, in a joint venture with Shreveport, La.-based Sealy & Co., has acquired a six-building, 469,667-square-foot office complex, located in Northwest Atlanta, from an undisclosed seller for $47 million. In the transaction, the venture assumed the building’s $37 million, 6.12 percent existing mortgage that will mature in November 2016. The property is 88 percent occupied and is expected to yield an 11 percent return.

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