Atlanta
Holcomb Woods Business Park Picked Up by Rugby Realty Associate
New Rochelle, NY-based RexxHall Realty LLC, an affiliate of Rugby Realty, LLC has recently announced the acquisition of Holcomb Woods Business Park. The four single-story office buildings totaling 240,000 square feet are located in Roswell, North Fulton County along Georgia 400. The portfolio was 70% leased at the time of acquisition according to a written announcement released by the buyer.
SPOTLIGHT ON DALLAS: Lincoln Property Co. to Manage Parkwood Point Office Building
Lincoln Property Co. Southeast has won the exclusive leasing and management assignment for a nine-story office building owned by AEW Capital Management.
Broadtree Homes Expands Atlanta-Area Portfolio with Acquisition from The Dominion Group
Private real estate investment entity Broadtree Homes has added to its single family portfolio in Atlanta with the recent acquisition of a slew of homes in the market. The entity managed by Broadstone Real Estate LLC closed on the purchase of 24 single family rental homes from The Dominion Group, for a fee of around $2 million. The deal was completed on the 22nd of December, making it one of the final moves for Q4 to be closed by the company, with a deal currently in the works for another home to be added before the end of 2014. According to the announcement, Broadtree is currently looking to further its investment portfolio in the Atlanta area, as well as the United States.
Buckhead’s Crescent Terminus Sold to Berkshire Group Affiliate
An affiliate of Boston-based Berkshire Group has recently acquired the 355-unit Crescent Terminus Community, Crescent Communities announced in a news release. The three-building luxury apartment complex is located in Atlanta’s Buckhead neighborhood and it is currently pursuing the ICC-700 National Green Building Standard’s Bronze Level Certification.
Ridgeline Property Group Builds 714.5-KSF Industrial Property in McDonough
Ridgeline Property Group has recently announced to develop an industrial speculative building in McDonough, encompassing 714,560 square feet. Clarion Partners will be RPG’s capital partner for the project.
The Clairmont Changes Hands, Rebrands as Madison Brookhaven
By Balazs Szekely, Associate Editor The 288-unit The Clairmont multifamily community in Atlanta was recently picked up by affiliates of Equus Capital Partners, Ltd., the company announced. The property has been renamed Madison Brookhaven, the acquisition was made on behalf of a discretionary fund managed by Equus, BPG Investment Partnership IX, LP commonly referred to […]
Atlanta Tech Village Completes 103,000-Square-Foot Facility
Atlanta Tech Village has recently announced the build out completion of a 103,000 square foot building in Buckhead. The recently finished building offers members – or Villagers as they call themselves – event and meeting spaces totaling 10,000 square feet, 50 individual coworking desks, 63 private offices and 44 multi-room suites. It has the capacity to house up to 800 individuals.
New Walton Communities Project Comes to the Market
The Legacy at Walton Mill, a new 55+ active adult Walton community begins pre-leasing.
CRE Investors Set Sights on Secondary and Sunbelt Markets
JLL’s Marisha Clinton says secondary markets such as Phoenix and Philly are gaining traction with investors seeking higher yields and now, they’re even turning their eyes toward the tertiaries.
Fortune 100 Data Center in Metro Atlanta Sold by Lincoln
A Lincoln Property Company Southeast team that included Tony Bartlett, Denton Shamburger and Chip Sipple represented Datawind LLC, the seller of a 184,553-square-foot data center in a $50 million transaction that took place this September, the group announced recently.