Atlas Group makes $400m statement with first acquisitions.

Atlas Capital Group, LLC announced that it has acquired Cannon Bridge House at 25 Dowgate Hill in London, U.K. and the Meyberry House at 220 E. 63rd Street in New York City.

The acquisitions are the first two for Atlas Capital Group principals Jeffrey A. Goldberger and Andrew B. Cohen, who formed the private investment firm earlier this year and indicated that they would invest primarily in large properties in major cities--with London and New York City targeted initially.

The Cannon Bridge House property was acquired for 206 million [pounds sterling] (approximately $385 million) from the Fordgate Group. The Meyberry House property was acquired for $100 million from M&R Management, a New York-based property owner-manager.

Cannon Bridge House is one of London's landmark office properties, constructed directly above Cannon Street Station with panoramic views across the River Thames.

Located within the financial core of the city, the property consists of two inter-connecting office buildings known as the Atrium and the River Buildings, which offer 283,485 s/f of rentable space.

Notable tenants include the London International Financial Futures and Options Exchange (LIFFE) and the Standard Bank London Ltd.

Located on New York's prestigious Upper East Side, the Meyberry House boasts 193 residential apartments, 11 professional/medical suites and a 93-car public garage.

Based in New York City, Atlas Capital Group LLC was formed in March, 2006 by investment gurus, Jeffrey A. Goldberger and Andrew B. Cohen. The firm seeks to make commercial property investments in major cities in the U.S. and abroad. The partners launched the firm after investing UBS AG's capital on a principal basis in real estate.