Real Estate Transactions

12 Months Ended

Dec. 31, 2018

Dispositions

The Company had no dispositions in 2018. The Company sold the following properties in 2017 and 2016 ($ in thousands):



Property	Property Type	Location	Square Feet	Sales Price
2017
American Cancer Society Center	Office	Atlanta, GA	996,000	$	166,000
Bank of America Center, One Orlando Centre, --and Citrus Center	Office	Orlando, FL	1,038,000	$	208,100
2016
Post Oak Central	Office	Houston, TX	1,280,000	(1		)
Greenway Plaza	Office	Houston, TX	4,348,000	(1		)
191 Peachtree	Office	Atlanta, GA	1,225,000	$	267,500
Two Liberty Place	Office	Philadelphia, PA	941,000	$	219,000
Lincoln Place	Office	Miami, FL	140,000	$	80,000
The Forum	Office	Atlanta, GA	220,000	$	70,000
100 North Point Center East	Office	Atlanta, GA	129,000	$	22,000

(1) Properties distributed to New Parkway in the Spin-Off.

The Company sold the properties noted above as part of its ongoing investment strategy of exiting non-core markets and selling non-core assets, using these proceeds to fund new investment activity.

Acquisitions

During 2018, the Company acquired interests in two tracts of land in Midtown Atlanta, Georgia and one tract of land in Tempe, Arizona for future investment. These three tracts of land were valued at $68.4 million and are included in land on the accompanying balance sheets.