Atlanta, GA

Prime US REIT and KBS Appoint CBRE as the Exclusive Leasing Agent for 510,000‑SF Midtown Atlanta Office Tower

May 1, 2026

Wells Fargo office tower in Midtown Atlanta featuring a modern glass facade and high-rise corporate building against a blue sky

Media Contact

Atlanta Office Figures Q1 2026

Read the Report

Prime US REIT, a Singapore-listed real estate investment trust focused on investing, directly or indirectly, in stabilized, income-producing office assets across the U.S., together with KBS, one of the nation’s largest owners and operators of premier commercial real estate in the nation, has appointed CBRE as the exclusive leasing agent for 171 17th Street, a 510,268-square-foot, 21‑story Class A office tower located within Atlantic Station in Atlanta’s Midtown submarket.

Prime US REIT trades on the Singapore Exchange Securities Trading Limited under the ticker OXMU. KBS serves as the U.S.-based asset manager for the portfolio, including supporting financing and credit facility negotiations. Prime US REIT’s portfolio is comprised of highly well-located Class A office assets featuring desirable, tenant-focused amenities.

The leasing assignment reflects continued tenant demand for well-located, amenity-rich office assets in walkable Midtown locations, where new office supply remains limited. The CBRE leasing team is led by Eric Ross, Jessica Doyle and Graham Little, who bring extensive experience executing leasing strategies across the Midtown Atlanta office market.

“171 17th Street is a core office asset within one of Atlanta’s most established mixed-use environments,” said Rahul Rana, CEO and Co-Sponsor of Prime US REIT. “As tenants continue to prioritize quality, access and sustainability, we believe the property is well positioned to compete effectively within Midtown. Appointing an experienced leasing team supports our long-term strategy for the asset.”

171 17th Street features column‑free floor plates, floor‑to‑ceiling glass, and prominent visibility above the I -75/85 Connector. The building was the first office property in the world to achieve LEED Silver Core & Shell certification and currently holds LEED Gold certification for Operations and Maintenance, along with ENERGY STAR and WELL Health‑Safety ratings.

According to CBRE Research, Midtown recorded 99,000 square feet of positive net absorption in the first quarter of 2026, ranking among the strongest-performing office submarkets in the region as tenants continue to prioritize high-quality buildings in established locations.

“171 17th Street represents the type of institutionally owned, well-capitalized office asset that continues to resonate with tenants despite broader challenges in the office sector,” said Allen Aldridge, SVP and co-managing director of asset management at KBS for 171 17th Street. “Its location within Atlantic Station, combined with strong sustainability credentials and a comprehensive amenity offering, aligns closely with evolving tenant preferences.”

Ownership has positioned the asset to meet tenant demand through access, walkability and on-site amenities that include a conference center, café, shuttle service to MARTA, structured parking, EV charging stations and outdoor tenant spaces. The building is integrated within the larger Atlantic Station mixed-use community, which includes retail, dining, entertainment and approximately 2,700 residential units.

“Office demand continues to center on proven, well-amenitized submarkets where quality, sustainability and accessibility are critical,” said Jessica Doyle, senior vice president with CBRE. “171 17th Street is a highly visible Midtown asset that is well positioned to compete as tenants remain focused on environments that support workforce engagement and long-term occupancy decisions.”

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.