Atlanta
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
Hines, Invesco Break Ground on Atlanta Creative Office
Designed by Hartshorne Plunkard Architecture and DLR Group, the 230,000-square-foot T3 West Midtown will be the first Wired Certified Platinum new development in Atlanta.
Blackstone’s International Market Centers to Buy AmericasMart
The merger, expected to close in the third quarter, will yield a company with 20 million square feet of permanent showroom accommodations.
Choice Hotels Opens Downtown Atlanta Asset
The 104-key Clarion Inn & Suites is positioned near the city’s Mercedes-Benz Stadium and makes up part of the Russell Hospitality Campus at Castleberry Hill.
H5’s ATL Data Center Starts Expansion
The company will add an additional 22,000 square feet to the facility, which is in one of the country’s top interconnection points, with access to over a dozen metro and long-haul network carriers.
Atlanta-Area Storage Facility Sells for $19M
Stein Investment Group has traded Space Shop Self Storage, located in suburban Atlanta. Marcus & Millichap represented the seller and procured the buyer.
T5 Adds Second Data Center in Atlanta
The new facility will deliver an initial 10 megawatts of critical power load, with a possibility to expand to more than 20 megawatts in the future, according to tenants’ needs.
PMAT Offloads GA Retail Property
The recently renovated grocery store-anchored shopping center in Acworth contains more than 100,000 square feet of leasable space. HFF arranged the sale of the almost fully leased property.
Empire Distribution to Relocate Atlanta HQ
The suburban industrial asset—which contains more than 600,000 square feet of distribution and office space—is expected to come online by the end of the year.
Ironwood Insurance Signs Atlanta HQ Relocation Lease
The tenant plans to move into the 26,000-square-foot headquarters at One Riverside in June. Cushman & Wakefield represented the landlord in the lease negotiations.