Regions Southeast | Atlanta
$35M Arts Center Makes Splash in Suburban Atlanta
Sept 19, 2008

Work has reached completion and the doors of the Murray Arts Center in Kennesaw, Ga., have opened. The $35 million three-story complex, recently acquired by the Mount Paran Christian School, occupies a 12-acre spot on the school's 65-acre campus about 25 miles north of Atlanta. Randall-Paulson Architects designed the facility, which encompasses a 600-seat music hall, an 8,000-square-foot rehearsal space, a 2,200-square-foot theate r, dance studios, a recording studio and a video production facility. The 85,000-square-foot building will be home to the Cobb Symphony Orchestra and will play host to a bevy of rotating programs.

 
Recent Atlanta Headlines
Urdang Sells Pair of Atlanta-Area Business Centers for $48M
Urdang, a unit of BNY Mellon Asset Management, has announced the $48 million sale of two business centers in suburban Atlanta to CCI-B Marietta L.L.C., a partnership formed by Capital Commercial Investments Inc. The properties total nearly 14 buildings on 48 acres and comprise 620,000 square feet of office, medical, retail and warehouse space.
BPG Purchases Atlanta M-F Site for $53M
Continuing its search for high-quality multi-family properties despite the tanking economy, private equity real estate fund manager BPG Properties Ltd. acquired a suburban Atlanta multi-family community for $52.8 million from Atlanta-based Post Apartment Homes, L.P.
ProLogis Signs 8 Leases Totaling  946,000 SF in Atlanta
ProLogis has signed new lease agreements in Atlanta in eight transactions totaling approximately 946,000 square feet during the third quarter of 2008.
Federal Aviation Leases 98,000 SF at Duke’s Camp Creek Business Center
Duke Realty Corp. has leased a nearly 98,000-square-foot office building at Camp Creek Business Center, located three miles west of Hartsfield Jackson International Airport in Atlanta, to the Federal Aviation Administration.
585,000-SF Suburban Atlanta Industrial Property Trades for $20M
The 585,000-square-foot distribution center at 200 Blairs Bridge Rd. within the First Park Terminus West business park in Lithia Springs, Ga., has just come under new ownership.