Regions Southeast
Paces Ferry Center Sold in Atlanta
April 30, 2008

Manhattan Peachtree Properties L.L.C. acquired Paces Ferry Center, a 20,930-square-foot infill strip center in Atlanta, Ga., the company announced today.  Staubach Capital Markets’ East coast retail investment team represented the seller, Paces Properties Inc., in the transaction. The property is located on Paces Ferry Road and Cumberland Parkway and is fully occupied.

 
Recent Southeast Headlines
Nashville Shopping Center to Get 200,000SF Expansion
July 18, 2008
CBL & Associates have announced plans for an expansion of CoolSprings Galleria, a 1 million-plus-square-foot shopping center in Nashville.
Orlando Industrial Property Sold
July 18, 2008
Delta Properties Intl. L.L.C. has acquired the industrial facility at 1815 Cypress Lake Drive in Orlando, Fla., from LDL Holdings Florida L.L.C.
69-Room Microtel Opens Doors in Suburban Atlanta
July 18, 2008
Development of Microtel Inn & Suites in Woodstock, Ga., has reached completion and made its debut in the suburban Atlanta city. Developed by Dawgwood Hotels L.L.C., the 69-room lodging property sits 30 miles from downtown Atlanta at 305 Molly Lane, and marks the 25th Microtel property to hit the State of Georgia.
Parkway Properties Sells Town Point Center
July 17, 2008
Parkway Properties Inc. closed the sale of the Town Point Center office property in Norfolk, Va. Town Point Center, which is located in the Downtown Norfolk submarket, is a 131,000-square-foot property that is 97 percent occupied.
Chattanooga to Become Home of $1B VW Plant
July 16, 2008
After considering locales in Alabama and Michigan, Volkswagen Group of America Inc. has just decided to develop its new U.S. manufacturing facility in Chattanooga, Tenn.