As of Thursday, February 9, 2012
© Copyright 2013
Newton Citizen
ATLANTA (AP) -- Atlanta's tallest skyscraper is expected to be sold at auction.
The 1,023-foot Bank of America Plaza is scheduled to be auctioned Tuesday on the steps of the Fulton County Courthouse.
Reports say the auction is taking place after the building's landlord, Los Angeles-based BentleyForbes, missed mortgage payments.
The commercial real estate investment firm bought the high-rise at the height of the real estate boom for an Atlanta-record $436 million.
Emporis, a German company that maintains an extensive database of buildings around the world, says the 55-story skyscraper is the tallest building in the South, and the tallest building in any state capital in the U.S.
More like this story
- Johnson signs on to lend his magic to L.A. Dodgers ( March 28, 2012 )
- Ex-NBA player Crittenton returned to Atlanta, faces murder charge ( September 16, 2011 )
- Oscars to drop Kodak name from awards show ( February 23, 2012 )
- Google's maps go indoors with new mobile feature ( November 29, 2011 )
- McIntosh facility bought ( January 12, 2011 )
Comments
Use the comment form below to begin a discussion about this content.
Sign in to comment
Or login with:
OpenID