ATLANTA, GA. – December 14, 2015 – In partnership with Investcorp, Crocker Partners has added the 646,470-square-foot Paces West office property at 2727 Paces Ferry Rd SE to its growing Atlanta area portfolio. The asset, comprised of two buildings, was acquired from a joint venture of TIER REIT and Oaktree Capital Management.

The transaction brings Crocker Partners holdings in the Atlanta market to 3,038,000 SF. Paces West, located in the Cumberland/Galleria submarket, has a strong tenant roster, which includes Piedmont Healthcare, BT North America and Reliance Insurance Co.

This is the latest partnership between Investcorp and Crocker Partners. In September 2014, the companies acquired a 12-building portfolio at the Flagler Center business park in Jacksonville, FL.

As local operating partner, Crocker Partners brings deep market knowledge and an experienced, vertically integrated team to add value to Paces West. The Company has been active in the Atlanta market for more than two decades.