ATLANTA — Atlanta-based The Carter Real Estate Fund (CREF) has acquired The Dupree Building, a 137,818-square-foot, six-story office building in Atlanta, from Germania Property Investors, an affiliate of Atlanta-based Germania of America, for an undisclosed amount. The Class A building is located at 6120 Powers Ferry Rd. and was 100 percent occupied at the time of sale. Sprint will be vacating 122,590 square feet of space this month. Superior Essex has leased 75,000 square feet of space for its corporate headquarters and will occupy the building in the third quarter of 2008. Tommy Hughes and Beau Terrell of Carter’s Atlanta office represented the buyer. Glenn Kolker of Childress Klein’s Atlanta office represented CREF in the lease negotiations with Superior Essex, and the lessee was represented by Sam Holmes of CB Richard Ellis’ Atlanta office. Carter will lease and manage the building.
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