ATLANTA (Nov. 17)
A Saudi Arabian family has purchased the 29-story Life of Georgia Tower and the four-story Life of Georgia Center garage in downtown Atlanta for an estimated $26 million recently, according to a recent story by Vida Goldgar, editor of The Southern Israelite.
Ms. Goldgar reported that the purchase here is only one of many real estate developments by Abdul Latif Jameel and his sons, Yousef and Mohammed. The Southern Israelite learned about the family and the Netherlands Antilles corporation they own, Jameel Holdings (Bermuda) Ltd., through the local office of the Anti-Defamation League of B’nai B’rith.
Jameel also plans to build a $24 million office tower in Orlando, Florida, and also recently bought Miami’s tallest tower, One Biscayne Tower, for more than $49 million, Ms. Goldgar reported.
Jameel’s American representative, Lewis Harmon, was quoted by the Miami News as saying Yousef Jameel told him he had no “restraints” against investing in an area in which many Jews are involved as long as “they had no restraints against him.” Harmon also said that Jameel’s Miami law firm has a number of Jewish partners and that in Los Angeles they are represented by a firm that is predominately Jewish.