Atlanta
Franklin Street Buys Atlanta Office Tower from Jamestown for $158M
Franklin Street Properties has purchased the Class A office tower at 999 Peachtree in Atlanta from Jamestown Properties for $158 million.
Atlanta Apartment Community Demolition Makes Way for Neighborhood Revival
After receiving countless complaints from community members, the city of Atlanta decided to tear down an old and abandoned apartment complex in Southwest Atlanta.
NAREE Special Report: Gelbtuch Announces CRE’s Real Estate Top 10 Issues
The top 10 issues to affect real estate this year offer some real investment opportunities, especially when taken in combination. Counselors of Real Estate chairman Howard Gelbtuch released the updated version of the organization’s annually adjusted list yesterday at the National Association of Real Estate Editors conference in Atlanta.
Post Properties Kicks Off Phase II of $75.5M Buckhead Apartment Tower
The elegant Post Alexander is now set to add 340 units to the Buckhead submarket of Atlanta, developer Post Properties announcing that work has started on the second phase of the luxury high-rise community.
CBRE Fund Buys $144M Trophy Office in Atlanta Suburb
CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors, has purchased Three Ravinia, a 31-story, 813,750-square-foot trophy office building in north suburban Atlanta.
Colonial Properties Shifts to Multifamily, Sells Three Ravinia Office Tower for $144M
Rumors that CBRE Global Investors may have purchased the 31-story Three Ravinia Drive office tower could be confirmed, as owner Colonial Properties Trust has just announced selling the building for $144.3 million.
Student Art Plays Key Role in 100 Peachtree Restoration Strategy
Owner America’s Capital Partners has sought the help of a rather unusual group to assist in the $14 million restoration efforts and marketing strategy of the former Equitable Building in downtown Atlanta.
As Opening Nears, The Outlet Shoppes at Atlanta Adds 38 New Stores
The Outlet Shoppes at Atlanta, a 370,000 square-foot retail center currently under development at the newly-constructed exit off I-575 at Ridgewalk Parkway in Woodstock, has recently added 38 stores to its already impressive list of tenants.
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.