Atlanta
Buckhead, Kennesaw Multifamily Assets Trade
By Georgiana Mihaila, Associate Editor
Texas-based apartment giant Camden Property Trust has recently paid $39.3 million for The Paces,. a 30-acre-plus Buckead apartment complex. The price tag is a bit smaller than some expected, given that when the deal was announced last month, […]
NorSouth, HADC Break Ground on New Senior Community
By Georgiana Mihaila, Associate Editor
The NorSouth Cos., a development, construction and management company that specializes in environmentally sensitive, affordable communities for independent senior living, partnered with the Housing Authority of DeKalb County for its newest project, Hearthside Brookleigh. The $15.7 […]
Atlanta Lands TeamStaff, RockTenn HQs
By Georgiana Mihaila, Associate Editor
TeamStaff Inc., provider of logistics, health-care and technical services primarily to the U.S. Department of Defense and U.S. Department of Veterans Affairs, has relocated from Somerset, N.J., to Atlanta. The 1776 Peachtree Building, owned by Denholtz […]
NAP Closes on Alpharetta Site, Plans Mixed-Use Project
By Georgiana Mihaila, Associate Editor
North American Properties is moving ahead on plans for a mixed-use project on the 106-acre site of the stalled Prospect Park development in Alpharetta. The Atlanta-based company recently set the stage with its $22.8 million purchase of the […]
Construction Starts on $250M Emory Point Project
By Georgiana Mihaila, Associate Editor
Cousins Properties Inc. and Gables Residential have kicked off the $250 million Emory Point mixed-use development, the largest private development to start construction in Atlanta’s Perimeter in more than three years. Located in the Clifton Corridor, […]
Jamestown Seals City Hall East Sale; Morris, Manning & Martin Stays in Buckhead
By Georgiana Mihaila, Associate Editor
After months of negotiations, Jamestown Properties has sealed the deal on its acquisition of the massive City Hall East complex. A onetime center of commerce and largest brick building in the Southeast, the property fetched $27 million, according to the Atlanta Business Chronicle.
The […]
New Owner, New Name for The Equitable; 1400 Peachtree Follows
By Georgiana Mihaila, Associate Editor
Big changes are in store for the iconic Equitable building. The 622,000-square-foot skyscraper traded for $19 million this week, becoming Coconut Grove, Fla.-based America’s Capital Partners’ only Atlanta property. The 33-story building, constructed in the 1960s, […]
New CDC Energy-Efficient Building Supports Atlanta’s ‘Green’ Ranking
By Georgiana Mihaila, Associate Editor
Atlanta landed in 21st place on a list of greenest Canadian and U.S. cities produced by the Economist Intelligence Unit, part of a research study commissioned by Siemens. Atlanta has also been acknowledged as taking a major […]
Joint Venture Contracted to Build National Center for Civil, Human Rights
By Georgiana Mihaila, Associate Editor
The long-awaited National Center for Human Rights in downtown Atlanta is getting closer to being built. With an estimated total cost of $125 million, the 100,000-square-foot facility is now merely $10 million short of its groundbreaking […]
North American Properties Follows Atlantic Town Center Investment with Rebuilding Plans for Mixed-Use Alpharetta Project
By Georgiana Mihaila, Associate Editor
After the successful acquisition of Atlantic Town Center in December, for which North American Properties formed a joint venture with CB Richard Ellis Investors, NAP is strengthening its strategy of identifying and investing in Atlanta ‘blue […]
