Inman

CB Richard Ellis arranges Crown Pointe sale

CB Richard Ellis brokered the sale of Crown Pointe, a two-building, 494,948-square-foot office park in Atlanta’s Central Perimeter submarket.

The total value of the transaction was $56 million.

Crown Pointe is a class A property located at Crown Pointe Parkway and Perimeter Center West Parkway.

The State Teachers Retirement System of Ohio (STRS of Ohio) sold the property to Cornerstone Real Estate Advisers Inc.

CB Richard Ellis acting as exclusive advisor in the transaction.

Los Angeles-based CB Richard Ellis is a global commercial real estate services company.

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