Atlanta
Carter Validius Pays $95M for Atlanta Data Center, Digital Realty $63M
By Georgiana Mihaila, Associate Editor
An increased interest in Atlanta’s data center facilities marks a great new year start for the local commercial market. Carter Validus Mission Critical REIT, Inc. has just announced its $94.75 million acquisition of Peachtree Data Center, completed […]
Partnership Breaks Ground on $60M SkyHouse Midtown
By Georgiana Mihaila, Associate Editor
Atlanta is one step closer to getting a brand new luxury apartment tower—the first high-rise apartment building to be built in Midtown for the past decade—as the 23-story SkyHouse Midtown prepares to break ground. The announcement […]
The Outlet Shoppes in Woodstock Get City Council Approval
By Georgiana Mihaila, Associate Editor
Muskegon, Mich.-based Horizon Properties plans on moving forward with its new factory outlet retail development—The Outlet Shoppes in Woodstock—as the project has recently received approval from the city council. Construction for the 365,000-square-foot factory outlet shopping […]
Midtown’s Promenade Two Trades Owners Once More
By Georgiana Mihaila, Associate Editor
The iconic Promenade Two office building in Midtown Atlanta has changed hands for the second time in the past month, as Atlanta-based Cousins Properties recently acquired the 38-story building for $134 million in cash. On November […]
Green Street Files Detailed Plans for Ponce City Market
By Georgiana Mihaila, Associate Editor
 The Ponce City Market project in Atlanta is a step closer to fruition as developer Green Street Properties has filed detailed plans with the Georgia Department of Community Affairs. The $180 million plan calls for redeveloping the former […]
Summit Takes Downtown Courtyard by Marriott for $29M
By Georgiana Mihaila, Associate Editor
Summit Hotel Properties Inc. is under contract to acquire the 150-room Courtyard by Marriott in Downtown Atlanta. The deal calls for Summit to buy the property from Capstone Partners for $28.65 million, or $191,000 per key, […]
Emory Point Lands Inaugural Retail Tenants
By Georgiana Mihaila, Associate Editor
In a step forward for Emory Point, the $250 million mixed-use project has signed its first retail tenants. The inaugural group will include CVS, Jos A. Bank, Marlow’s Tavern, Which Wich, Solar Dimensions and Carriage Cleaners, […]
Davidson Hotels Picks Atlanta for New Corporate Headquarters
By Georgiana Mihaila, Associate Editor
Davidson Hotels & Resorts will open a new headquarters office in Atlanta that will house most of the company’s corporate functions. The independent hotel management firm has not yet settled on a specific location, but the […]
Avison Young Acquires 600,000SF Atlanta Portfolio
By Georgiana Mihaila, Associate Editor
 Avison Young has expanded its Atlanta property management portfolio by nearly 600,000 square feet, following the Canadian service firm’s acquisition of an office property management and leasing portfolio from Barry Real Estate Cos.
Avison Young will assume […]
Green Street Kicks Off $180M City Hall East Redevelopment
By Georgiana Mihaila, Associate Editor
Green Street Properties kicked off its planned $180 million redevelopment of the former Sears, Roebuck & Co. store and warehouse known as City Hall East on Oct. 1 with a fundraiser that brought in $80,000 for […]