𝐀𝐧𝐨𝐭𝐡𝐞𝐫 𝐀𝐭𝐥𝐚𝐧𝐭𝐚 𝐎𝐟𝐟𝐢𝐜𝐞 𝐓𝐨𝐰𝐞𝐫 𝐒𝐮𝐫𝐫𝐞𝐧𝐝𝐞𝐫𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐫𝐚𝐬𝐡 Lone Star Funds just walked away from 55 Allen Plaza, a 14-story office tower in Downtown Atlanta. Bought for $79M in 2020, it's now in the hands of Sound Point Capital for $57.8M—a stark reminder of how brutal the office real estate market has become. With 66% occupancy and EY possibly leaving, the building faces an uncertain future. Another sign that in today’s office market, even the big players are cutting their losses. https://lnkd.in/esKkksYv