KKR acquires Atlantic Yards in Atlanta

Global Atlantic Financial Group a majority-owned subsidiary of KKR, has acquired Atlantic Yards, a two-building office asset in Midtown Atlanta, from global real estate firm Hines and its institutional joint-venture partner advised by Invesco Real Estate, a global real estate investment manager.

Atlantic Yards consists of 523,511 square feet of trophy, class A office space in two towers. They were built in 2021 and are located within Atlantic Station, a 12.5 million-square-foot, master- planned, sustainable mixed-use development in Atlanta’s Midtown submarket. The state-of-the-art property is designed for LEED Gold certification and was built for high-tech occupancy while embracing the industrial heritage of the Atlantic Station site, once the home of the Atlantic Steel Mill and railyards. The property has highly efficient building systems and features extensive outdoor areas, fitness facilities, bike storage and 861 parking spaces. Atlantic Yards is within walking distance