PARMENTER BUYS LENOX BUILDING FOR $59.3M

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ATLANTA — Parmenter Realty Partners has acquired the 350,000-square-foot Lenox Building, located at 3399 Peachtree Rd. NE in Atlanta, from Clarion Partners for $59.3 million, according to CoStar. The 19-story building includes a fitness center, structured parking, cafe and direct access to the MARTA Lenox station. John Davidson, Michael Holmes and Reginald Mackey of Cushman & Wakefield's Atlanta office represented the seller in the transaction. Cushman & Wakefield Sonnenblick Goldman arranged acquisition financing through GE Capital Real Estate.

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