Highrise residential tower in Atlanta’s Buckhead neighborhood sells for $136m

Westside Capital Group, a real estate investment holding firm based in Miami, has acquired The Lofts at Twenty25, a landmark, 16-story residential tower located in Atlanta. Westside acquired the property for $136 million, or approximately $218,000 per unit.

Originally built in 1951 and completely redeveloped in 2021 as a new building, the property caters to renters seeking an upscale, experiential living experience in Atlanta’s premier neighborhoods of Buckhead and Midtown.

“We believe in the Atlanta market, and in particular Buckhead and Midtown as urban walkable centers that have become top gateway submarkets with great employment options, various urban amenities and walkability,” said Jakub Hejl, founder and president of Westside. “With its prime location among affluent residential neighborhoods, immediate walkability to almost 4 million square feet of medical employment, and close proximity to Buckhead Village and Midtown amenities, The Lofts at Twenty25 is