Atlanta

Ravinia Drive Buildings Land Major New Office Tenant, Complete Renewal

 By Georgiana Mihaila, Associate Editor
Internap Network Services Corp. has recently announced plans to relocate its headquarters from Downtown Atlanta to One Ravinia Drive, a 17-story office building in the Perimeter submarket owned by Hines. Internap, which is in the midst […]

Cortland Partners Adds 2,500 Multi-Family Units in $56M Summer Buying Streak

By Georgiana Mihaila, Associate Editor
Through a steady stream of acquisitions, Atlanta-based multifamily specialist Cortland Partners spent the summer showing that it is bullish on its backyard. In July, the firm closed on the $37.5 million purchase of a five-property Metropolitan Atlanta portfolio […]

HUD Approves Fort McPherson Redevelopment Plan

By Georgiana Mihaila, Associate Editor
The master plan for the redevelopment of the Fort McPherson military base, which has been in the works since 2005, is a step closer to reality. According to the Atlanta Business Chronicle, U.S. Department of Housing […]

Buckhead, Kennesaw Multifamily Assets Trade

By Georgiana Mihaila, Associate Editor
Texas-based apartment giant Camden Property Trust has recently paid $39.3 million for The Paces,. a 30-acre-plus Buckead apartment complex. The price tag is a bit smaller than some expected, given that when the deal was announced last month, […]

NorSouth, HADC Break Ground on New Senior Community

By Georgiana Mihaila, Associate Editor
The NorSouth Cos., a development, construction and management company that specializes in environmentally sensitive, affordable communities for independent senior living, partnered with the Housing Authority of DeKalb County for its newest project, Hearthside Brookleigh. The $15.7 […]

Atlanta Lands TeamStaff, RockTenn HQs

By Georgiana Mihaila, Associate Editor
TeamStaff Inc., provider of logistics, health-care and technical services primarily to the U.S. Department of Defense and U.S. Department of Veterans Affairs, has relocated from Somerset, N.J., to Atlanta. The 1776 Peachtree Building, owned by Denholtz […]

NAP Closes on Alpharetta Site, Plans Mixed-Use Project

By Georgiana Mihaila, Associate Editor
North American Properties is moving ahead on plans for a mixed-use project on the 106-acre site of the stalled Prospect Park development in Alpharetta. The Atlanta-based company recently set the stage with its $22.8 million purchase of the […]

Construction Starts on $250M Emory Point Project

By Georgiana Mihaila, Associate Editor
Cousins Properties Inc. and Gables Residential have kicked off the $250 million Emory Point mixed-use development, the largest private development to start construction in Atlanta’s Perimeter in more than three years. Located in the Clifton Corridor, […]

Jamestown Seals City Hall East Sale; Morris, Manning & Martin Stays in Buckhead

By Georgiana Mihaila, Associate Editor
After months of negotiations, Jamestown Properties has sealed the deal on its acquisition of the massive City Hall East complex. A onetime center of commerce and largest brick building in the Southeast, the property fetched $27 million, according to the Atlanta Business Chronicle.
The […]

New Owner, New Name for The Equitable; 1400 Peachtree Follows

By Georgiana Mihaila, Associate Editor
Big changes are in store for the iconic Equitable building. The 622,000-square-foot skyscraper traded for $19 million this week, becoming Coconut Grove, Fla.-based America’s Capital Partners’ only Atlanta property. The 33-story building, constructed in the 1960s, […]