State Farm’s More than 1M SF Hub in Atlanta Hits Market with Expected $450M Price Tag

Staff Report From Georgia CEO

Wednesday, September 23rd, 2026

Compatriot Capital, a company based in Dallas, placed State Farm's southeastern hub in Atlanta up for sale.

The properties up for sale include Park Center II and III and total 1.1 million square feet, according to Green Street News.

The pair of properties are fully leased to the insurance giant and have ten years left on their lease, according to BisNow. Newmark's Atlanta branch has been retained to sell the property. Green Street reported that the properties, given their size, could see bids of $450 million, which would mark among the largest sales in the Atlanta area in years. State Farm has around $527 million in rent remaining in the lease, according to BisNow.

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