{"id":1004130259,"date":"2015-10-28T05:14:57","date_gmt":"2015-10-28T13:14:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004130259"},"modified":"2022-03-04T12:16:55","modified_gmt":"2022-03-04T20:16:55","slug":"cbres-joint-venture-sheds-atlantic-town-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbres-joint-venture-sheds-atlantic-town-center\/","title":{"rendered":"CBRE\u2019s Joint Venture Sheds Atlantic Town Center"},"content":{"rendered":"
\"Atlantic<\/a>

Atlantic Town Center<\/p><\/div>\n

A joint venture between CBRE Global Investors<\/a> and North American Properties<\/a> sold the Atlantic Town Center. Hines<\/a> acquired the 586,000-square-foot asset on behalf of an institutional investor, in a transaction brokered by Parker, Hudson, Rainer & Dobbs LLP<\/a>.<\/p>\n

The property anchors the Atlantic Station mixed-use development, situated on the former Atlantic Steel site. The location is also home to three Class A office towers, several multifamily communities, a full-service hotel and freestanding Ikea, Target, and Dillard\u2019s stores.<\/p>\n

The Parker Hudson team was led by Kenneth H. Kraft and J.P. Fougerousse. \u201cThis was an extraordinarily complex, multi-layered transaction involving an iconic Atlanta property,\u201d Kraft said. \u201cWe are honored that the CBREGI\/NAP venture turned to our firm for counsel on this marquee transaction.”<\/p>\n

Photo credit: Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Parker, Hudson, Rainer & Dobbs LLP assisted the CBRE – North American Properties venture in the sale of Midtown Atlanta’s Atlantic Town Center to Hines.<\/p>\n","protected":false},"author":35,"featured_media":1004130262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742],"tags":[],"class_list":["post-1004130259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-latest"],"acf":[],"yoast_head":"\nCBRE\u2019s Joint Venture Sheds Atlantic Town Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cbres-joint-venture-sheds-atlantic-town-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE\u2019s Joint Venture Sheds Atlantic Town Center\" \/>\n<meta property=\"og:description\" content=\"Parker, Hudson, Rainer & Dobbs LLP assisted the CBRE - North American Properties venture in the sale of Midtown Atlanta's Atlantic Town Center to Hines.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cbres-joint-venture-sheds-atlantic-town-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-28T13:14:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T20:16:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Atlantic-Town-Center-atlanta.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"832\" \/>\n\t<meta property=\"og:image:height\" content=\"730\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbres-joint-venture-sheds-atlantic-town-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbres-joint-venture-sheds-atlantic-town-center\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"CBRE\u2019s Joint Venture Sheds Atlantic Town Center\",\"datePublished\":\"2015-10-28T13:14:57+00:00\",\"dateModified\":\"2022-03-04T20:16:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbres-joint-venture-sheds-atlantic-town-center\\\/\"},\"wordCount\":146,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbres-joint-venture-sheds-atlantic-town-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/10\\\/Atlantic-Town-Center-atlanta.jpg\",\"articleSection\":[\"Atlanta\",\"Deals\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbres-joint-venture-sheds-atlantic-town-center\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbres-joint-venture-sheds-atlantic-town-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbres-joint-venture-sheds-atlantic-town-center\\\/\",\"name\":\"CBRE\u2019s Joint Venture Sheds Atlantic Town Center - 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