Atlanta
Duke Realty Tapped to Build New Kuehne + Nagel Southeastern Headquarters
By Georgiana Mihaila, Associate Editor Global logistics service provider Kuehne + Nagel, Inc.—a unit of Swiss-based Kuehne + Nagel AG—has signed a built-to-suit lease with Duke Realty for its new southeastern headquarters. Wes Hardy, vice president leasing, represented Duke Realty in the transaction. Kuehne + Nagel, Inc. was represented by Bayne Porter of CBRE. In […]
Novare Plans New Luxury Apartment Community in Midtown
By Georgiana Mihaila, Associate Editor Novare Group’s Viewpoint condo tower will most likely get a new neighbor, as the developer has recently drafted plans for a new 23-story luxury high-rise apartment community on the northwest corner of 6th and Juniper streets. Novare has pitched its plans for 100 6th Street to the Midtown Development Committee. […]
Lincoln Property Brokers 215,000 Sq Ft of Office Leases for Equity Office
By Georgiana Mihaila, Associate Editor Lincoln Property Company Southeast, working on behalf of Equity Office, has brokered 215,000 square feet of leases in the North Fulton area during the first quarter of 2012. Equity Office had awarded Lincoln Property Company Southeast the contract to manage 3.3 million square feet and lease 1.9 million square feet […]
NAP Wins Approval for $600M Avalon Development
By Georgiana Mihaila, Associate Editor
The Southeast is one step closer to its first “experience center”—a place where high-end retail, restaurant, residential, office, hotel, and public spaces come together in order to create a unique destination. North American Properties has received key approvals to move forward with its $600 million Avalon development.
The resort-inspired mixed-use project will […]
Occupancy Up at Cousins Properties’ Promenade II
By Georgiana Mihaila, Associate Editor
According to a recent announcement, Cousins Properties has managed to considerably boost occupancy of its Promenade II office tower by signing Norfolk Southern as its newest tenant and renewing Tvsdesign’s existing lease. Norfolk Southern will be taking 37,000 square feet out of the total of 774,000, while Tvsdesign—the architect of the […]
Luxury Mariposa Lofts Community Sells for $40M
By Georgiana Mihaila, Associate Editor
The luxury multifamily community Mariposa Lofts was recently purchased by Inwood Holdings for $40 million, according to the Atlanta Business Chronicle. The 253-unit multifamily community, set in a central location two miles east of downtown Atlanta, was acquired by the current seller—Behringer Harvard Multifamily REIT I—in September 2009. As reported by the Business […]
NAP to Develop $35M Luxury Apartment Community on Newly Acquired Land
By Georgiana Mihaila, Associate Editor
North American Properties has recently acquired 3.7 acres in Atlanta’s Old Fourth Ward neighborhood with plans of developing its first ground-up multifamily property in Atlanta since the company shifted focus from retail to mixed-use and multifamily. […]
Renaissance Waverly Part of $262M Portfolio Sold to Inland
By Georgiana Mihaila, Associate Editor
DiamondRock Hospitality Company has completed the previously announced sale of a three-hotel portfolio to Inland American for $262.5 million. The 521-room Atlanta Renaissance Waverly hotel was part of the deal, along with Austin’s 492-room Renaissance and […]
Lincoln Property Southeast Awarded Leasing Contracts for Four Metro Atlanta Properties
By Georgiana Mihaila, Associate Editor
Atlanta-based OA Development—a company that has acquired 400,000 square feet of commercial real estate property over the last 13 months—has awarded leasing assignments for four of its metro Atlanta office properties to Lincoln Property Company Southeast.
Lincoln Property […]
Hines Consolidates Sustained Excellence Spot with New LEED Certification
By Georgiana Mihaila, Associate Editor
International real estate firm Hines, recently recognized by the U.S. Environmental Agency (EPA) with the 2012 ENERGY STAR Sustained Excellence Award for its continued leadership in protecting the environment, is living up to its reputation.
The Atlanta […]