“It really wasn’t about the beer tap or events that made coworking take off,” Chris Eachus said. “It was because you can sign a 30-day lease in a nice environment that looks professional, and you can come in every day and be happy with where you work.”
A joint venture involving Boca Raton, Florida-based real estate investment company CP Group and San Francisco-based investment firm Farallon Capital Management has acquired a three-property Atlanta office portfolio from Franklin Street Properties Corp., CP Group announced this week.
CP Group, formerly Crocker Partners, today announced the acquisition of a three-building portfolio from Franklin Street Properties Corp. in a joint venture with Farallon Capital Management (“Farallon”). The acquisition includes One and Two Ravinia Drive in Atlanta’s Central Perimeter submarket, and One Overton Park in its Cumberland submarket. The acquisition brings CP Group’s Metro Atlanta office assets under management to approximately 4 million square feet, making them the third-largest office landlord in the region.
The joint-venture partnership of CP Group, formerly Crocker Partners, and Farallon Capital Management has acquired a three-property office portfolio in Atlanta from Franklin Street Properties Corp.
Crocker Partners is now CP Group. The real estate investment firm is much different than it was 35 years ago when Tom Crocker founded it.
Florida’s largest office landlord continues 35-year legacy, debuts new brand repositioning amid rapid portfolio growth and market expansion
“But as vaccination rates have risen and restrictions have lifted, its offices are more like 35% filled this month,” Managing Partner Angelo Bianco said.
The Crocker Partners property management team implemented several research-based health and wellness strategies to ensure the tower achieved Fitwel certification.
Crocker Partners announces that they have expanded their regional operations and opened an office in Washington DC, hiring Tommy Spinosa to lead it. Spinosa, a seasoned investor with over 17 years’ experience, was previously Director of Acquisitions and Asset Management for Bridge Investment Group…