Transactions: MB takes a prize-winner in Atlanta

MB Real Estate of Chicago recently acquired the eight-story, 264,000 square foot Piedmont West MOB in Atlanta for $84 million, or about $318 per square foot. Photo courtesy of CBRE

MB Real Estate of Chicago recently acquired the eight-story, 264,000 square foot Piedmont West MOB in Atlanta for $84 million, or about $318 per square foot.
Photo courtesy of CBRE

Chicago-based firm acquires Piedmont West MOB and land for $84 million

By John B. Mugford

A year after winning BOMA International’s 2012 TOBY award as the medical office building (MOB) of the year, the Piedmont West building in Atlanta has landed a new owner.

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