U.S. alternative investment management company TerraCap Management LLC has purchased 200 Ashford Center in Atlanta, Georgia for $24.6 million.

The property, situated within the Central Perimeter, is a multi-story Class A office building with 159,000 rentable square feet and structured parking.

200 Ashford offers tenant amenities including a café, fully upgraded fitness center and modern conference center in a lush, park-like setting.

At acquisition, the office building was 85 percent occupied with about 30 tenants who office at the property.