Atlanta
Leasing Activity Heats Up at 55 Allen Plaza
Less than a week after an official announcement that Cushman & Wakefield is joining Lincoln Property Co. Southeast in leasing the 55 Allen Plaza tower, the Class A office building landed two new leases.
Duke Realty Expands Atlanta Industrial Portfolio with Hartman Business Center Purchase
Duke Realty Corp. recently added a 569,674-square-foot warehouse-distribution building in Hartman Business Center to its portfolio, as part of its recent focus on increasing investments in quality industrial assets.
Integra, L2C and Brandmovers, All Move to New Digs
Within the past week, Atlanta’s commercial real estate market was marked by three relocations, as both Integra Realty Resources and L2C, Inc signed new leases, while Brandmovers has finished its new Northside Drive headquarters.
Midtown Block Trades Hands, Soon to House 321 Luxury Units
A 2.5-acre site, located at the very core of Midtown Atlanta at 131 Ponce de Leon Ave., recently changed hands for $6.5 million.
Meritex Expands Joint Venture Holdings in Atlanta with New Acquisition
By Georgiana Mihaila, Associate Editor In a move to further expand its joint venture holdings in the Atlanta area, Meritex has recently acquired a 106,945-square-foot office/ warehouse project in Norcross. Resource Real Estate Partners, LLC represented Meritex in the acquisition and has been retained as the leasing agent for the property. The multi-tenant, value-add property—located […]
Trophy Tower 999 Peachtree Hits the Market
By Georgiana Mihaila, Associate Editor Jamestown Properties, the company that bought the former First Union Plaza in 2007 for approximately $127 million, is now seeking a buyer for the iconic 28-story Midtown tower. A year after the purchase, owner Jamestown Properties had hired Atlanta-based Cousins Properties to manage, lease and enhance the 999 Peachtree Street […]
ARA Closes Sale of 204-Unit Old Fourth Ward Apartment Community; Lincoln Property Brokers Three Major Atlanta Leases
By Georgiana Mihaila, Associate Editor ARA—a privately held, full-service investment advisory brokerage firm specializing in the multifamily industry—recently announced the sale of its 626 DeKalb 204-unit apartment community. Buyer Mesa Capital Partners, an apartment acquisition and development firm, paid $21 million for the Old Fourth Ward apartment community. Mesa Capital Partners specializes in the creation […]
Invest Atlanta Moves to Georgia-Pacific Tower; Parkway Also Signs New Tenants
By Georgiana Mihaila, Associate Editor Invest Atlanta, the city’s official economic development authority, will soon be leaving its Pryor Street headquarters for the Georgia-Pacific Center; the agency signed a 13-year lease with landlord GA-MET—a joint venture of Metropolitan Life Insurance Company and Georgia-Pacific LLC—for 18,701 square feet on the 29th floor of the downtown office […]
Cassidy Turley-Managed Building Awarded ENERGY STAR Designation
By Georgiana Mihaila, Associate Editor The U.S. Environmental Protection Agency recently presented its ENERGY STAR designation to the Boys and Girls Clubs of America Headquarters in Atlanta in recognition of the facility’s commitment to protecting the environment through energy efficient practices and management. The six-story, 143,000-square-foot building at 1275 Peachtree Street in Midtown is managed […]
One Hartsfield Centre Hits the Market
By Georgiana Mihaila, Associate Editor The 150,000-square-foot, Class A office building overlooking the north end of Hartsfield-Jackson Atlanta International Airport is now up for grabs. Leading commercial real estate services provider Cassidy Turley has already commenced marketing efforts. The sales team for One Hartsfield Centre consists of Gary Lee, managing director, Mike Shelly, a senior […]