Regions Southeast | Atlanta
Grubb & Ellis Realty Investors Nabs 199,000SF 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.
191_Exterior_View Atlanta Office Market Slows but Stays Ahead
July 28, 2008
Office leasing is starting to slow around the United States , but the Atlanta market is faring better than most, a Grubb & Ellis Inc. researcher told CPN. “Atlanta overall seems to be faring pretty well despite some of the concerns about the economy,” noted Dan Wagner, research manager in Grubb & Ellis’ Atlanta office. “When we’re in a slow economic growth period, Atlanta always seems to experience a shallower type of slow growth.”
Suburban Atlanta Office Complex Commands $35M
July 25, 2008
Great Oaks Center, a 235,200-square-foot office complex in Alpharetta, Ga., has come under new ownership in a $34.8 million transaction.
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.
Reid Appointed to White House National Infrastructure Advisory Council
July 09, 2008
CB Richard Ellis Group Inc. said todaythat Jim Reid, president of the company’s Eastern Division, has been appointed by President George W. Bush to the National Infrastructure Advisory Council.
Grubb & Ellis Buys Two Apartment Complexes in Metro Atlanta
July 03, 2008
Grubb & Ellis Apartment REIT Inc. has acquired two Class A apartment communities totaling nearly 500 units in the metro Atlanta area. Grubb purchased the 216-unit AMLI at Kedron Village multi-family community in Peachtree City from AMLI Residential and Prudential Real Estate Investors, and the 280-unit Creekside Crossing in Lithonia from Harbor Group International, Norfolk, Va.
ATT Atlanta Wells REIT II Snags Another AT&T Building in Atlanta
July 02, 2008
Wells Real Estate Investment Trust II has acquired Lindbergh Center, a groundbreaking, transit-oriented development in Atlanta’s Buckhead area, in a sale-leaseback from AT&T.
Fortes  Financial Secures National City Mortgage Wholesale Division
July 02, 2008
Fortes Financial Inc. has completed the  assumption of five regional wholesale offices formerly belonging to  National City Mortgage Corp.
AMLI at River Park Grubb & Ellis Realty Investors Takes Georgia M-F
July 01, 2008
Grubb & Ellis Realty Investors L.L.C. has acquired 3100 River Exchange, a multi-family community situated on almost 23 acres in Sandy Springs, Ga.
Silver-McCann Buys Villas at South Point Apartments in Atlanta
June 30, 2008
Silver-McCann Apartment Group II L.P. acquired Villas at South Point Apartments in Atlanta, Ga.
$50M Renovation Produces 466-Room W Atlanta-Midtown
June 27, 2008
Less than two years after completing the $48.5 million acquisition of the former Sheraton Colony Square in a joint venture with AEW Capital Management, Noble Investment Group has wrapped up the $50 million redevelopment of the 28-story hotel into the new W Atlanta-Midtown.
Mitsubishi Digital Takes Space in Duke’s Park 85 at Braselton in Atlanta
June 23, 2008
Duke Realty Corp. has leased 265,000 square feet of industrial/distribution space to Mitsubishi Digital Electronics America Inc. at Park 85 at Braselton in Atlanta’s Northeast submarket.
Cushman & Wakefield Retained as Leasing Agency for Atlanta Mixed-Use Development
June 20, 2008
Cushman & Wakefield said today that Davison's Downtown L.L.C. has appointed the firm as exclusive leasing agent for 180 Peachtree Street in Atlanta, Ga. Formerly home to Macy's, the building is currently undergoing major renovations.
Perimeter Mixed-Use Project Near Atlanta is Rejected
June 18, 2008 - Source: Atlanta Journal Constitution
The Perimeter area project, which would have added a mix of apartments, offices, retail shops and an eight-story hotel as well as more than 850 cars per hour, was rejected by the Sandy Springs City Council.
Demolition Imminent for Hapeville Ford Plant
June 16, 2008 - Source: Atlanta Journal Constitution
The Atlanta-area plant is being destroyed to make way for a redevelopment of the 122-acre site next to Hartsfield-Jackson International Airport.
Atlanta Firm Acquires S.D. Construction Company
June 12, 2008 - Source: San Diego Business Journal
Barnhart Construction, the city's largest builder and construction manager, has been purchased by Heery International.
 

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