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TODAY’S DEALS: What Does $15M Get You in Suburban Atlanta?

TODAY’S DEALS: What Does $15M Get You in Suburban Atlanta?

A family-operated investment firm is drawn to Brookhaven, Ga., and Berkadia gets $96.3 million for the owner of a Tampa portfolio. …

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Buckhead Exchange Redevelopment to Start Soon

Buckhead Exchange Redevelopment to Start Soon

A large-scale redevelopment project will transform the Buckhead Exchange shopping center– FCA Partners has recently announced its plans. The Charlotte, NC-based employee-owned real estate investment management company acquired the 48,500 square foot retail center in 2013 for $15.2 million from Principal Financial.…

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Crescent Howell Mill Completed and Sold as Part of $700M Portfolio

Crescent Howell Mill Completed and Sold as Part of $700M Portfolio

Crescent Communities has completed construction and closed on the sale of Crescent Howell Mill. The 256-unit luxury apartment community in Atlanta was sold to affiliates of Boston-based Berkshire Group. The project is the only residential component of Howell Mill, an 8-acre mixed-use development featuring shops and boutique restaurants with garden…

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Hartsfield–Jackson Area Warehouse Reaches Full Occupancy

Hartsfield–Jackson Area Warehouse Reaches Full Occupancy

Two new tenants have signed leases at the 278,000 square foot industrial building under 2000 Southpoint Drive in Atlanta, Liberty Property Trust announced in a press release issued in early May. UPS Supply Chain Solutions, Inc. and Southwest Surplus, Inc. occupied a total of 80,000 square feet. Liberty Property Trust…

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Atlantic | Pacific Companies Expands Portfolio in Atlanta

Atlantic | Pacific Companies Expands Portfolio in Atlanta

Miami-based Atlantic | Pacific Companies announced its acquisition of two multifamily communities in Atlanta. The newly closed deals bring A|P’s regional reach to 12 multifamily communities within just three years of opening its Atlanta office.…

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New Dual-Branded Hotel Acquired by Carey Watermark Investors

New Dual-Branded Hotel Acquired by Carey Watermark Investors

The newly built Hilton Garden Inn and Homewood Suites in Midtown Atlanta was picked up recently by Carey Watermark Investors Inc., as announced by the buyer. The publicly registered REIT’s portfolio of lodging and lodging-related assets is managed by affiliates of W. P. Carey Inc. and Watermark Capital Partners. The…

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Concourse Corporate Center Picked Up by Stamford-Based Investor

Concourse Corporate Center Picked Up by Stamford-Based Investor

The landmark Concourse Corporate Center was recently acquired by Building and Land Technology, the Stamford, Connecticut-based company announced. The property is located at Interstate 285 and Georgia State Route 400 in Atlanta’s Perimeter submarket, in close proximity to several MARTA stations.…

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Two Suburban Atlanta Apartment Communities Change Hands for $22M

Two Suburban Atlanta Apartment Communities Change Hands for $22M

Dallas-based The Milestone Group recently sold two Atlanta-area communities called Villas at Indian Trail and Shannon Chase to separate investors for the total amount of $22 million, ARA Newmark announced.…

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Peak Campus Expands Portfolio with More Than 1,000 Beds

Peak Campus Expands Portfolio with More Than 1,000 Beds

Peak Campus was named manager of two properties totaling over 1,000 beds in Lawrence, Kan., and Conway, Ark.,s by Collegium Capital Partners. …

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Second Value Place Extended-Stay in Atlanta Opened

Second Value Place Extended-Stay in Atlanta Opened

Value Place announced the grand opening of its second location in the greater-Atlanta metro area. The newly constructed 124-room extended-stay hotel is located at 2877 Dresden Drive in the Chamblee submarket; the event was held on Wednesday, April 1. This is the brand's ninth facility in Georgia.…

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New Hospital Opens in South Hall County

New Hospital Opens in South Hall County

Northeast Georgia Health System announced the opening of a brand new South Hall County hospital. The 100-bed facility is located at 1400 River Place in Braselton, about 40 miles northeast of Atlanta.…

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Lawrenceville MF Asset Changes Hands for $58.3M

Lawrenceville MF Asset Changes Hands for $58.3M

Madison at River Sound was recently sold to Los Angeles-based Investors Management Group for $58.3 million. The new owner of the community is a private real estate investment firm focusing exclusively on the multifamily sector. Investors Management Group specializes in value-add and opportunistic real estate investments in major metropolitan markets…

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