Regions Southeast | Atlanta
Atlanta Office Market Survives 2008 with Positive Absorption
Jan. 05, 2009
Despite the poor fourth quarter results and bleak economic news, Atlanta’s office market ended 2008 with positive absorption of 391,300 square feet--but that's down more than 2.4 million square feet from the 2.9 million absorbed in 2007, according to figures from Atlanta-based Richard Bowers & Co.
Lenox Park Post Continues $360M Disposition Plan with Atlanta M-F Sale
Dec. 31, 2008
In its third quarter earnings report issued last month, Post Properties Inc. noted that it would sell six assets with the hope of pocketing approximately $360 million, and with today's news of the disposition of Post Lenox Park in Atlanta, the company has one down, five more to go.
Urdang Sells Pair of Atlanta-Area Business Centers for $48M
Nov. 14, 2008
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
Nov. 04, 2008
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
Oct. 31, 2008
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
Oct. 28, 2008
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
Oct. 24, 2008
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.
120,000-SF NW Georgia Science Museum on Target to Open in January
Oct. 06, 2008
Construction of Tellus: Northwest Georgia Science Museum in Cartersville, Ga., is on schedule to reach completion in time for an opening on January 12 of next year.
Wells REIT II Takes Ownership of Newell Rubbermaid Global HQ
Sept. 26, 2008
Wells Real Estate Investment Trust II today announced it has taken majority ownership at the newly built global headquarters building of Newell Rubbermaid in suburban Atlanta.
IDI Renews Lease with Menlo
Sept. 22, 2008
IDI Services Group, the property management and third-party leasing division of industrial real estate developer IDI, has reported the close of a lease amendment with Menlo Worldwide Logistics.
$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.
Grubb & Ellis Realty Takes 312-Unit Atlanta Area M-F
Sept. 08, 2008
Grubb & Ellis Realty Investors has purchased The Retreat at Peachtree in Peachtree City, Ga., a suburb of Atlanta.
Grubb & Ellis Acquires The Retreat at Peachtree City
Sept. 04, 2008
Grubb & Ellis Realty Investors L.L.C. has acquired The Retreat at Peachtree City, a 312-unit multifamily community in the Atlanta suburb of Peachtree City, on behalf of tenant-in-common investors.
AT&T HQ AT&T, Equity Capital Management Close on $72M Atlanta-Area Sale-Leaseback
Aug. 25, 2008
AT&T walks away with a pocketful of cash and gets to stay put at its 407,000-square-foot digs in Tucker, Ga., with the completion of a $72 million sale-leaseback transaction orchestrated by Jones Lang LaSalle's capital markets group.
JV Snaps Up 460,000-SF Atlanta Office-Flex Campus for $47M
Aug. 25, 2008
Winthrop Realty Trust, acting with joint venture partner Sealy & Co., has acquired a 470,000-square-foot office-flex complex in Northwest Atlanta. The price tag on the six-structure campus was $47 million, including the assumption of a $37 million mortgage loan at 6.12 percent with a scheduled November 2016 maturity date.
Grubb & Ellis Realty Investors Nabs 199,000-SF Atlanta Office
Aug. 21, 2008
One Live Oak, a 199,000-square-foot office property in Atlanta, has just been snapped up by Grubb & Ellis Realty Investors L.L.C., which made the purchase on behalf of tenant-in-common investors. Crescent Real Estate Equities was the seller, having shelled out $31 million to acquire the property from TMW Real Estate Group in late 2004.
Post Sells Atlanta Apartment Property, Refinances Others
Aug. 21, 2008
It’s only Wednesday and already it’s been a big week for upscale multi-family developer Post Properties of Atlanta. The REIT has sold its 250-unit Post Oglethorpe apartment community in Atlanta’s Brookhaven area for $38.5 million and has refinanced two apartment complexes held in joint ventures. In addition, two of the big three credit rating agencies recently had some news for the company.
Neal Joins GVA Advantis as Chairman
Aug. 20, 2008
GVA Advantis said today that Jeffrey Neal has joined the company as chairman. Most recently, he was the co-founder and principal of the Washington-based real estate development company Monument Realty.
Cushman & Wakefield Sonnenblick Goldman Expands U.S. Platform
Aug. 20, 2008
As the real estate investment market continues to be challenged by credit and liquidity issues, Cushman & Wakefield Sonnenblick Goldman has announced it will expand its U.S. platform into new markets to help meet increasing demand for access to debt and equity capital sources.
Fowler Buys 420-Unit Atlanta M-F, Plans Upgrades
Aug. 19, 2008
Conifer Crossing, a 420-unit multi-family property in Norcross, Ga., has traded hands for $31.75 million. The buyer was San Francisco-based Fowler Property Acquisitions; the seller, Denver-based Simpson Housing L.L.L.P.
RFP Closes 86,000 SF of Renewals, Expansions at RiverEdge in Atlanta
Aug. 18, 2008
RFP Mainstreet RiverEdge L.L.C. has closed more than 86,000 square feet of renewals and expansions at its RiverEdge office development in Atlanta’s Northwest submarket. The firm was represented by Jones Lang LaSalle. RFP Mainstreet RiverEdge acquired RiverEdge, a two-building, nearly 500,000-square-foot office complex, last year.
Atlanta Hotel Emerges from $138M Makeover
Aug. 15, 2008
After three years, the sweeping renovation of the Atlanta Marriott Marquis has reached completion.
300 Northcreek CBRE Investors Grabs Buckhead Office Park
Aug. 07, 2008
CB Richard Ellis Investors has purchased Northcreek Office Park in the Buckhead community of Atlanta on behalf of the company’s Strategic Partners U.S. 5 fund. The terms of the transaction were not disclosed.
Praedium, Audubon Acquire 938-Unit Atlanta M-F Portfolio
Aug. 06, 2008
The Praedium Group and Audubon Communities Management have teamed up to buy a seven-property multi-family portfolio in the Atlanta metro region for approximately $45 million. The seller was not identified.
Grubb & Ellis Adds Kilborn as SVP, Office Group
July 30, 2008
David Kilborn, Jr. has joined Grubb & Ellis Co. as senior vice president, office group. Most recently, he was with Carter Real Estate, where he served as senior vice president of office properties group.
 

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