Banyan Street Capital, Oaktree Commit to Downtown Atlanta with $268 Million Purchase of 191 Peachtree

Miami, FL-based Banyan Street Capital and Oaktree Capital Management out of Los Angeles have secured a landmark office tower in downtown Atlanta with the long-standing venture’s purchase of 191 Peachtree from Cousins Properties (NYSE: CUZ) for $268 million, or approximately $220 per square foot. Cousins paid $153 million back in 2006 for the 50-story, 1.2 million-square-foot 191 Peachtree tower, which delivered in 1991 at 191 Peachtree St. NE…

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