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Real Estate Transactions
12 Months Ended
Dec. 31, 2017
Real Estate [Abstract]  
REAL ESTATE TRANSACTIONS
REAL ESTATE TRANSACTIONS
Dispositions
The Company sold the following properties in 2017, 2016, and 2015 ($ in thousands):
Property
 
Property Type
 
Location
 
Square Feet
 
Sales Price
2017
 
 
 
 
 
 
 
 
American Cancer Society Center
 
Office
 
Atlanta, GA
 
996,000

 
$
166,000

Bank of America Center, One Orlando Centre, --and Citrus Center
 
Office
 
Orlando, FL
 
1,038,000

 
$
208,100

2016
 
 
 
 
 
 
 
 
Post Oak Central
 
Office
 
Houston, TX
 
1,280,000

 
(1
)
Greenway Plaza
 
Office
 
Houston, TX
 
4,348,000

 
(1
)
191 Peachtree
 
Office
 
Atlanta, GA
 
1,225,000

 
$
267,500

Two Liberty Place
 
Office
 
Philadelphia, PA
 
941,000

 
$
219,000

Lincoln Place
 
Office
 
Miami, FL
 
140,000

 
$
80,000

The Forum
 
Office
 
Atlanta, GA
 
220,000

 
$
70,000

100 North Point Center East
 
Office
 
Atlanta, GA
 
129,000

 
$
22,000

 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
2100 Ross
 
Office
 
Dallas, TX
 
844,000

 
$
131,000

200, 333, and 555 North Point Center East
 
Office
 
Atlanta, GA
 
411,000

 
$
70,300

The Points at Waterview
 
Office
 
Dallas, TX
 
203,000

 
$
26,800

 
 
 
 
 
 
 
 
 

(1) Properties distributed to New Parkway in the Spin-Off.
The Company sold the properties noted above in 2017, 2016, and 2015 as part of its ongoing investment strategy of exiting non-core markets and recycling investment capital to fund investment activity.