Crescent expands into Atlanta office market

Acquires mid-rise property

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Crescent Real Estate Equities Co. recently acquired One Live Oak, a 201,488-square-foot office property located in the Buckhead submarket of Atlanta.  The value of the transaction was approximately $31 million. Constructed in 1981, One Live Oak is a 10-story, class A property, which was 70 percent leased at the time of sale. Crescent Real Estate Equities Co. is a publicly held real estate investment trust. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....