Atlanta
Trophy AT&T Office Campus in Midtown Atlanta Trades for $225M
A partnership between private real estate investment sponsor Macfarlan Capital Partners and an entity associated with Cole Real Estate Investments has recently paid $225 million for a Class A trophy office campus leased to AT&T located in Midtown Atlanta.
Meritex, Transwestern Find Buyers for Metro Atlanta Industrial Properties
Meritex was the first to announce this week that it has managed to find a buyer for two of its office/industrial properties located in Kennesaw, Georgia.
JLL, Transwestern Find Buyers for Three Metro Atlanta Apartment Communities
In what seems to be an eventful week for the metro Atlanta multifamily market, three apartment communities are now under new ownership.
CBRE Brokers $19M Outpatient Campus Sale, 400K SF Industrial Lease
A three-building outpatient campus located in Marietta has recently traded in a $19.2 million deal brokered by CBRE’s U.S. Healthcare Capital Markets Group.
UNC, Admiral Capital Acquire Atlanta M-F Project
The University of North Carolina Kenan-Flagler Business School’s Real Estate Fund II (KFBS-REFII) has co-invested, along with Admiral Capital Group and Wood Partners, in Brookhaven, a 17-story, 209-unit Class A multi-family building in Atlanta’s Buckhead area.
Atlanta Property Group Acquires 536 KSF Office Campus in Atlanta
Atlanta Property Group, a privately held real estate investment firm, has acquired Northcreek Office Park, a four-building Class A office campus located in Atlanta’s Buckhead/West Paces Ferry corridor, for $72 million from CBRE Global Investors.
149-Room HYATT house Atlanta/Cobb Galleria Opens
Atlanta is now home to the first HYATT house hotel in Georgia, following this week’s opening of the 149-room HYATT house Atlanta/Cobb Galleria. The result of a joint effort between Hyatt Hotels Corporation, Noble Investment Group and Interstate Hotels & Resorts, the HYATT house Atlanta/Cobb Galleria is located in Atlanta’s Northwest Corridor at the intersection of Interstate-75 and Interstate-285 in the Cobb Galleria.
CPE Exclusive: Sage, Whitman Peterson Grab 852-Room Courtyard by Marriott Portfolio
Sage Hospitality and Whitman Peterson have kicked off their new investment relationship with the acquisition of six Courtyard by Marriott lodging properties from Clarion Partners. The 852-room group of hotels is located in metropolitan Atlanta, Dallas and the Detroit area.
Alternative Apparel Extends Norcross Lease to 131,000 Sq. Ft.
Clothing brand Alternative Apparel has chosen to consolidate and expand its headquarters at Indian Brooks business park in Norcross, Ga., having recently signed a long-term, 131,000-square-foot lease renewal.
Crescent Resources Starts Construction of $67M M-F Project in Buckhead
The project will add 355 units to the Terminus master-planned development when is complete next spring.