Atlanta
Speculative 1.7 MSF Distribution Center Coming Near Port of Savannah
CRG is developing two industrial buildings totaling 1.7 million square feet, while the company’s architecture subsidiary Forum is designing both facilities. The project will benefit from the proximity of the Port of Savannah and is set to bank on the widening of the Panama Canal.
JLL Closes Sale of Westin Atlanta Airport Hotel
Thayer Lodging Group sold the 500-key property, which is located near the Georgia International Convention Center and the Hartsfield-Jackson International Airport.
Atlanta, Nashville Gain as Workers Flock to the Southeast
Southeast markets claimed eight of the top 10 positions in the Bureau of Labor Statistics February job growth rankings. Yardi Matrix Analyst Justin Dean takes a deeper look into why these markets are attractive for workers right now.
Atlanta Area Retail Center Changes Hands
The shopping center known as Dawson 400 is anchored by Napa Auto Parts and Goodwill and was at 88 percent occupancy at the time of the deal. The center benefits from the proximity of North GA Premium Outlet Mall.
Regus Finds Spaces in Avalon
A corporation that provides global workplace will be the new tenant to join the $73 million office project developed by a joint venture between Hines and Cousins Properties. Company officials said that the new lease will benefit the building by adding meeting rooms and co-working spaces.
Underground Atlanta Trades for $35 million
The city of Atlanta has sold the 12-acre site to a South Carolina developer that plans to turn the property into a live-work-shop community.
Hospitality Ventures Embarks on $110M in Renovations
HVMG’s list of undertakings spans the U.S., in metros such as Atlanta, Nashville and Phoenix.
Atlanta Area Self-Storage Sells for $5M
Premier Storage offers 441 traditional and climate controlled self-storage units.
Ackerman & Co. Sells $1.8M Property in Stone Mountain Industrial Park
The property, acquired by a local real estate investor, has a remaining five-year lease term and is currently occupied by Eckhart, a top electrical contractor.
Atlanta Industrial Portfolio Receives $23M Refi
The five-property portfolio consists of 20 buildings totaling 605,274 square feet.