Atlanta
Rooker Buys 90-Acre Mall Site in Atlanta for Redevelopment
Atlanta-based real estate development and construction company Rooker plans to buy a 764,000-square-foot mall on a 90-acre site in Union City, Ga., and redevelop the property.
CBRE Global Investors Buys 330-Unit Apartment Complex in Atlanta from Equity Residential
CBRE Global Investors has boosted its Atlanta multi-family portfolio with the purchase of Alexander on Ponce, a 330-unit apartment complex in the city’s Midtown submarket, from Equity Residential.
Meda Consumer Healthcare Signs 11KSF Sublease in the Cumberland Area
The Meda Consumer Healthcare division of Meda Pharmaceuticals Inc. recently signed a sublease with Schawk Inc. for 11,041 square feet of office space in a building located at 1100 Circle 75 Parkway NW, in Atlanta.
Vesta Solidifies Alpharetta Location as Eastern Region Hub
Cushman & Wakefield announced recently that it represented Portland, Ore.-based Vesta Corporation in a 36,556-square-foot long term lease. The seven-year contract at Brookside Concourse in Alpharetta replaces the electronic payment solutions provider’s previous sublease.
Colony Realty Sells 212 KSF Office Building in Midtown Atlanta
Colony Realty Partners has sold 730 Midtown in Atlanta’s Midtown submarket to a joint venture consisting of Harbert Management Corp.’s Harbert United States Real Estate Fund V L.P. and The Simpson Organization.
312-unit Grove Park Apartments Sold
PointOne Holdings recently acquired the 312-unit Grove Park Apartments community located in Metro Atlanta. The transaction is worth $12.75 million and marks the company’s sixth commercial acquisition in the past 1.5 years.
Buckhead Tower Earns LEED Gold Certification
Another Parmenter Realty Partners office building recently earned the LEED Gold Certification for Existing Buildings. The company’s array of LEED certified buildings broadened with Buckhead Tower at Lenox Square in January.
Wood Partners Announces Changes to Board of Directors, Executive Team, Investment Committee
One of the nation’s top multi-family developers, Wood Partners is planning more than $1 billion in construction this year, but will do it with some leadership changes, including a new chairman of the board and president.
Oak Coast Buys Multifamily Asset in Duluth
Oak Coast Properties and Investors Management Group announced the acquisition of Promenade at Berkeley on January 14. Located in Duluth, Ga., the 492-unit apartment community was sold for $33.7 million by Northwoods Lake Partners LLC.
Kana Hotel Group to Manage Hilton Garden Inn Hotel in Lithia Springs
Kana Hotel Group has recently been awarded the management contract for Hilton Garden Inn Atlanta West / Lithia Springs.