Atlanta's 55-story Bank of America Plaza, the tallest building in the Southeast, goes up for...

|By:, SA News Editor

Atlanta's 55-story Bank of America Plaza, the tallest building in the Southeast, goes up for auction today on the steps of the Fulton Country Courthouse. The property has lost 54% of its value since peaking shortly after being purchased in 2006 for $436M. The CMBS delinquency rate for Atlanta stands at 25.3%, more than triple the national rate.