Real Capital Solutions has snapped up the 36-story office tower at 101 Marietta Street in downtown Atlanta, a very public vote of confidence in the city’s core. The high-rise, just steps from the former CNN Center, Centennial Yards and Centennial Olympic Park, had been on the market after owner Dilweg brought in brokers to shop it. The deal extends a run of value-add office buys by investors hunting for opportunity in big-city downtowns.
Deal details and the building
As reported by CoStar, Real Capital Solutions acquired the property from Dilweg. The 36-story tower totals about 675,000 square feet and was roughly 62% leased, according to CBRE marketing materials hosted on Revere. CBRE and Newmark were handling the listing while the owner solicited institutional offers.
Why the buyer picked this property
Real Capital Solutions has been on a campaign to buy discounted, operational office buildings and, in its own news posts, describes those acquisitions as chances to stabilize occupancy with targeted capital improvements. Across its recent deals in multiple U.S. markets, the firm has leaned on investor capital and speculative suites as a way to lure new tenants. That cash-heavy, hands-on strategy lines up neatly with a large, partially leased trophy tower next to Atlanta’s entertainment and transit hubs.
Local context: what made this possible
Industry reporting shows Dilweg had been carrying a roughly $68.5 million loan on the tower that matured in 2025, a timeline that helped spur a sales push, according to Bisnow. Downtown Atlanta is still dealing with elevated office vacancy, which has squeezed some owners and opened the door for well-capitalized buyers. The CBRE marketing package played up the building’s repositioning potential and extra revenue streams, including signage and parking, that a new owner can rely on while working through a turnaround plan.
What to watch next
Local brokers say the big question now is how quickly Real Capital Solutions moves on upgrades and leasing. They are watching to see whether the buyer pours fresh money into lobby and amenity improvements, aggressively markets speculative suites to bring in tenants, or lines up new financing or partners to help fund the effort. Based on RCS’s public comments and other recent deals, the expectation is a hands-on repositioning aimed at stabilizing occupancy before longer-term options are weighed. For downtown Atlanta, the sale serves as an early signal that some investors still believe there is upside in central office product while the market recalibrates.
