Northpark Town Center sold to AEW Capital Management - Atlanta Business Chronicle:

http://chalonot.net/program-sar-el/osobni-zkusenosti/18-rozhovor-nekteri-si-dokonce-mysli-ze-jsem-silena
Boston-based purchased the 1.5 million-square-foot offices complex on Dec. 19, but the deal involved privatw equityfrom , according to , a real estatee tracking firm. The transaction could foreshadoqw an important real estate trenrd in2008 -- increasef foreign investment in U.S. trophy That trend would be fueled by severaklfactors -- the weak U.S. more highly leveraged American buyers, the subprimed credit crunch and stricterf lending standardsof U.S. banks. Northpark was sold by the Stats of MichiganRetirement System, which had owned the complexd since it was developed on Abernathy Road in the mid 80s. U.S. Real estate prices have been fallint inrecent months.
But, prices on development s such asNorthpark -- which can fetch hundreds of milliond of dollars -- have been holding their own, said Will a member of the of Atlanta investmeng team that represented Michigan in the sale. "The core trophy assetes have not experienced the pricing challenges that otheeproperties have," he said. Northpark is one of the threde jewels of the CentralPerimeteer submarket, along with Concourse Corporate Centerr and Ravinia.
Northpark is made up of buildingz 400, 500 and 600, and housese several Fortune 500 firms, including insurance giant , and