Atlanta's Tallest Skyscraper to be Sold at Auction

By: The Associated Press Email
By: The Associated Press Email

ATLANTA (AP) - 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 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.

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