Atlanta
Terwilliger Pappas Breaks Ground on $50M Buckhead Community
Terwilliger Pappas Multifamily Partners started site work on Solis Downwood, a 280-unit luxury apartment project in Atlanta’s Buckhead district.
Emblematic Midtown Hotel Changes Hands for $61M
Georgian Terrace Hotel has a new owner. SoTHERLY Hotels Inc. paid $61 million for the asset. The price includes an adjacent 698-space parking structure and a 0.6-acre development parcel.
Vintage RE Purchases 1 MSF Mall in Atlanta Suburb
Vintage Real Estate has acquired Southlake Mall, a 1 million-square-foot shopping center in the Atlanta suburb of Morrow, Ga.
Equity One Sells 172 KSF Shopping Center in Augusta, Ga.
Leading shopping center developer and owner-focused on urban communities Equity One has sold Daniel Village, a 172,438-square-foot grocery-anchored shopping center in Augusta, Ga.
MHA Scores $39.85M Hat Trick in Atlanta
Multi Housing Advisors has recently announced the sales of three metro Atlanta apartment communities, 734 units combined. The transactions are worth a total of $39.85 million and representing the sellers Josh Goldfarb and Tyler Averitt of MHA were the only brokers involved.
Expansion of Newnan’s Southeastern Regional Medical Center Underway
Cancer Treatment Centers of America at Southeastern Regional Medical Center in Newnan is about to get 121,000 square feet of new space and 30,000 square feet of remodeled space, a $48 million expansion just two years after completion. Batson-Cook developed the original project and accordingly, it has been entrusted with the current construction work too.
Behringer Harvard M-F REIT Builds Property in Atlanta
Behringer Harvard Multifamily REIT I has begun construction of Cyan on Peachtree, a 23-story, 329-unit luxury apartment development in the Buckhead office and entertainment district north of downtown Atlanta.
276-Unit Property in Historic Fourth Ward Offers Gigabit Internet
Developed by North American Properties, BOHO4W, as the project is called, is the first residential property in Atlanta to embrace the lightning-speed gigabit technology.The 276-unit community at Historic Fourth Ward Park is a so-called fiber-to-the-home or FTTH multifamily project that beside its innovative network, also keeps walkability in focus.
Physicians Realty Closes Purchase and Leaseback of Four Medical Office Buildings
Physicians Realty L.P., an operating partnership of Physicians Realty Trust closed on the purchase and leaseback of four medical facilities located in Jackson, Conyers and McDonough.
Kinloch Partners to Double Its Atlanta Investments in 2014
Kinloch Partners LLC recently announced its intention to purchase lots in 14 subdivisions in Metro-Atlanta, all of them in developments where new construction has been lagging since the 2009 recession. The firm wishes to bring its total investment to nearly 200 new homes in 2014.