The MetroCenter property located next to the former Watkins College of Art and Design and once home to the retail component of Fountain Square has sold for $24.5 million.

The new owner of the 10.65-acre property — with the address of 2222 Rosa L. Parks Blvd. — is Chicago-based R2 Companies, a real estate development company focused on acquiring renovating old and historic buildings and giving them new life.