Atlanta
Ken’s Foods Increasing Storage Capacity in Atlanta Metropolitan Area
Ken’s Foods Inc. is expanding its Metro Atlanta operations by acquiring a warehouse in Henry County. The depository will soon be used as a regional distribution center.
Gateway and South City Propose 22-story Student Housing Tower for Midtown
Gateway Development and South City Partners LLC join forces in building a student housing tower at Spring and 5th streets, beside the Centergy One building and Georgia Tech’s Technology Square.
Lincoln Brokers Pitney Bowes’ Lease Renewal; Exeter Picks Up 2.4 Million SF Warehouse Portfolio
Lincoln Property Company Southeast brokered Pitney Bowes Presort Services’ renewal of its lease at Airport West Distribution Center and Exeter Property Group acquired 2.4 million square feet in industrial properties from Clarion Partners.
Clarion Secures $81M in Financing for Metro Atlanta Industrial Portfolio
Clarion Partners has just obtained $81 million in financing for a 3.1 million-square-foot industrial portfolio in metropolitan Atlanta.
HFF Arranges $114M Financing for Cousins’ 775 KSF Office Tower in Atlanta
When obtaining the billion dollars in cash for a recent office portfolio purchase, Cousins grabbed a little bit from here, a lot from there and additional funds from the $114 million financing of its 774,000-square-foot Promenade office building in Atlanta.
Cousins to Buy 2-Property Office Portfolio for $1B
Cousins Properties Inc. just struck a deal that will alter its standing in the real estate community. The REIT has entered into an agreement to shell out $1.1 billion in cash for the acquisition of two premier Texas office assets totaling 5.5 million square feet from Crescent Real Estate Holdings.
Parmenter Sells 214 KSF Suburban Atlanta Office Building
Eight years after acquiring Gwinnett Commerce Center, in Duluth, Ga., Parmenter Realty Partners has sold the 213,600-square-foot suburban Atlanta office building to a JV involving Biscayne Atlantic, Red Starr Investments and PointOne Holdings.
The Outlet Shoppes at Atlanta Celebrates Four-Day Grand Opening
The 370,000-square-foot Outlet Shoppes at Atlanta has finally opened its doors, bringing 99 top retailers to the local market.
Allegiance Sells 202 KSF, Two-Building Atlanta Office Park to Cornerstone
Allegiance Realty has sold the 202,000-square-foot The Park at Windward Concourse in Alpharetta, Ga., three years after buying it. Allegiance and Cornerstone Real Estate Advisers, the buyer of the Class A, suburban Atlanta property, are keeping mum on the dollar signs involved in the off-market transaction.
SkyView Atlanta Ferris Wheel to Open July 16
Starting July 16, Atlanta residents and tourists will get unparalleled views of the city aboard the 20-story SkyView Atlanta Ferris wheel.