Atlanta's tallest skyscraper to be sold at auction

AP News
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Posted: Feb 07, 2012 9:20 AM
Atlanta's tallest skyscraper to be sold at auction

The tallest skyscraper in the southern United States is going up for public auction after its owners missed mortgage payments.

The 1,023-foot Bank of America Plaza in Atlanta is scheduled to be auctioned Tuesday on the steps of the Fulton County Courthouse.

The Atlanta Journal-Constitution reports ( http://bit.ly/zdDLqr) reports the building's landlord, Los Angeles-based BentleyForbes, missed mortgage payments.

The commercial real estate investment firm bought the high-rise at the height of the real estate boom for $436 million.

Emporis, a German company that maintains an extensive database of buildings around the world, says the 55-story skyscraper is the tallest building in the South, and the tallest building in any state capital in the U.S.