Regions Southeast | Atlanta
Lenox Park Wells REIT II Buys Atlanta Office Campus in AT&T Sale-Leaseback
Wells REIT II has acquired a five-building, 1 million-square-foot office campus in the Buckhead submarket of Atlanta, through a long-term sale-leaseback with AT&T. The campus will headquarter AT&T Wireless' operations in the city. The transaction's terms were not disclosed.
Despite Foreclosure, Mixed-Use Developer to Continue With Project
Hedgewood Commercial Properties will continue to develop Woodstock Downtown near Atlanta, though the lender has foreclosed on its note.
Falcon Buys Heidelberg's Suburban Atlanta HQ in $23M Sale-Leaseback
Acting on behalf of a private overseas investor, Falcon Real Estate acquired the headquarters of Heidelberg U.S.A. in Kennesaw, Ga., for $23 million as part of a 1031 Exchange.
Hunsaker Joins Grubb & Ellis as EVP, Business Development
Grubb & Ellis Co., said today that Brett Hunsaker has joined the company as executive vice president of business development, effective immediately.
Paces Ferry Center Sold in Atlanta
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.
Cousins Announces More Retailers at the Avenue Forsyth
Cousins Properties Inc. has announced a new list of retailers that have signed leases at The Avenue Forsyth, a 527,000-square-foot mixed-use development at the intersection of Georgia 400 and Georgia 141 (Peachtree Parkway) in Forsyth County.
Atlanta Conference Conference Update: Despite Economy’s Rumblings, Atlanta Looking Up
Atlanta is on the rise, and now is the time for the commercial real estate industry to jump on the opportunities that are coming with the city’s growth, according to real estate experts at CPN’s annual Atlanta Property Opportunities Conference.
Cousins Begins Exit from Industrial Real Estate
Cousins Properties Inc. is de-emphasizing the industrial property side of its business with the sale of several parcels of land in business parks in metro Atlanta, and with the resignation of two of the Atlanta-based REIT's industrial division's executives, who will not be replaced.
Kingsley Greenland Q&A: Portfolio Performance Leading to More Loan Sales, Says DebtX Chief
DebtX, a loan sale advisor for commercial debt, announced last week that it would sell more than $380 million in commercial real estate loans secured by properties in the southeastern United States.
Phipps $175M Phipps Tower Breaks Ground in Atlanta
A joint venture between Charlotte, N.C.-based Crescent Resources L.L.C. and Manulife Financial of Toronto has begun construction of a $175 million, 20-story, LEED-designed office building in Atlanta’s Buckhead submarket.
bascom Bascom Acquires Suburban Atlanta Apartment Complex
In a market where rents are likely to increase as the employment base continues to grow, Orange County-based The Bascom Group L.L.C. acquired an upscale apartment community in the Atlanta suburb of Sandy Springs, Ga., for an undisclosed price.
lakeside Intercontinental Acquires Atlanta Area Office for $103M
Intercontinental Real Estate Corp. has acquired Lakeside Commons, a 514,000-square-foot, Class A office complex in Atlanta’s Central Perimeter submarket, for $102.8 million. It is at least the third office acquisition made through Intercontinental’s U.S. Real Estate Investment Fund, L.L.C., in recent weeks.
Demarest JLL Report: Atlanta Office Rent to Rise Slightly This Year
Atlanta's office market should see a slight increase in rents this year, despite a significant delivery of new office space and an economy likely to be in downshift mode, according to a report from Jones Lang LaSalle that examines trends in 52 major buildings in Atlanta’s intown submarkets.
Deloitte, Cousins Agree to 260,000-Square-Foot Renewal in Atlanta
Deloitte and Cousins Properties Inc. have reported that Deloitte has signed an agreement to lease 260,000 square feet at One Ninety One Peachtree Tower in Downtown Atlanta.
Highwoods Renews Lease at Century Center in Atlanta
Highwoods Properties Inc. has announced that it has renewed a lease for 221,000 square feet at 2800 Century Center in Atlanta.
Demarest Atlanta Office Remains Stable As Demand Continues
The Atlanta market is making positive strides towards stability as tenant demand continues to have a positive effect on overall market conditions, a Jones Lang LaSalle Inc. report has found.
Rubbermaid to Build 800,000SF Distribution Center in Atlanta
International consumer and commercial products marketer Newell Rubbermaid Inc. has just revealed that it will develop a new distribution facility in the Atlanta area, where it has maintained its headquarters for the last five years. Development of the 800,000-square-foot center is part of the company's global strategy for consolidating operations and reducing its portfolio of properties.
DiamondRock Sells Springhill Suites Atlanta Buckhead
DiamondRock Hospitality Co. has announced that it has sold the SpringHill Suites Atlanta Buckhead to a private equity firm for $36 million.
Post Sells Two MF, Contributes Another to JV
Post Properties Inc. has announced the closing of the sale of its Post Ashford and Post Vinings apartment communities located in Atlanta, Ga.
Triple Net Takes Park Central in Atlanta
Triple Net Properties L.L.C. has acquired Park Central on behalf of tenant-in-common investors, the firm said in a release. No price or firther details of the transaction were given.
Legacy Key Somera Capital Management Enters Into JV to Purchase Atlanta Apartments
Somera Capital Management L.L.C., a Santa Barbara, Calif.-based private equity real estate investment company, has entered into a joint venture with Irvine, Calif.-based Aslan Realty Group to acquire Legacy Key, a 350-unit garden-style apartment community in the Sandy Springs area of Atlanta. The property was purchased for $28 million from Kings Dunwoody Springs Apartments L.L.C.
Land Purchase Paves Way for $150M Mixed-Use Project in Suburban Atlanta
Newly united joint venture partners Diplomat Cos. and Kennedy Capital Group L.L.C, having just closed on the acquisition of a 125-acre parcel in Newnan, Ga., announce plans for a 1 million square-foot mixed-use development.
CRB Realty to Develop Midtown Atlanta Property
CRB Realty will develop a new mixed-use highrise in Midtown Atlanta on land currently owned by Lutheran Church of the Redeemer. Recently the church agreed to sell a portion of its land holdings to the developer, with the stipulation that the existing church structures be part of a master plan for the overall development, so that the new development doesn't clash with the existing properties.
Regent's 3344 Peachtree Tops Out
Regent Partners L.L.C. has celebrated the topping out of 3344 Peachtree and its luxury home component, SOVEREIGN.
Hard Rock Atlanta on Tap
Hard Rock International has revealed plans to open a Hard Rock Hotel in Atlanta.
 

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