Atlanta
Georgia Tech to Renovate, Add to, Historic Residence Halls
The historic Glenn and Towers Residence Halls at Georgia Institute of Technology in Atlanta will soon undergo renovation with Stevens & Wilkinson in charge of the operation, in association with VMDO Architects.
Atlanta Ronald McDonald House Charities Broke Ground on New Facility
Atlanta Ronald McDonald House Charities started expanding in late October by breaking ground on a new facility and launching a public fundraising campaign for the construction of the Ronald McDonald House that replaces the current one on Peachtree Dunwoody Road near Children’s Healthcare of Atlanta at Scottish Rite.
Joint Venture Develops New AC by Marriott Hotel near Phipps Plaza
Simon Property Group joined forces with Noble Investment Group to bring a new Marriott hotel to Phipps Plaza. The new facility will represent the hospitality giant’s AC Hotels by Marriott brand. The retail real estate leader and the private equity hospitality firm announced the AC by Marriott Buckhead project on Wednesday, 24 September.
Westin Atlanta Perimeter North is Back in Business after Full-Scale Transformation
Westin Atlanta Perimeter North underwent a multi-million dollar renovation and is now fully operational again, according to Marcus Hotels & Resorts, a division of The Marcus Corporation.
One and Two Parkway Center under New Ownership
The Marietta complex totaling 458,861 square feet has been purchased in a direct off-market transaction by Fairlead Commercial Real Estate and equity partner Bridge Investment Group Partners, managers of the ROC Funds.
Construction Commences on Belmont Mixed-Use Development
The developer, Halpern Enterprises broke ground Thursday on Belmont, a multi-use project going up at the intersection of Windy Hill Road and Atlanta Road in the heart of Smyrna.
KBS REIT III Acquires Atlanta Office Building for $132.5M
KBS Real Estate Investment Trust III has acquired 171 17th St., a 21-story, trophy-quality office building in Atlanta for $132.5 million plus closing costs from JP Morgan.
Radco Purchases Two Metro Atlanta Communities for $33.2M from Fannie Mae
RADCO’s founder and CEO, Norman J. Radow has recently announced the $33.2 million acquisition of two metro Atlanta residential properties from Fannie Mae, totaling 553 units. The 439-unit Keeneland Farms and 114-unit Brown Ridge will soon undergo maintenance and rebranding.
Camden Redevelops Prime Atlanta Property
Camden Property Trust has transformed a 1970s apartment complex it bought three years ago in the highly sought-after Buckhead neighborhood of Atlanta into a luxury community called Camden Paces.
ACP Picks Up TownPark Ravine Office Park with $41.1M Loan
America’s Capital Partners has purchased TownPark Ravine, a three-building, 367,090-square-foot office park near Kennesaw.