Home » Cities »  (Page 10)

Atlanta


NAP to Develop $35M Luxury Apartment Community on Newly Acquired Land

NAP to Develop $35M Luxury Apartment Community on Newly Acquired Land

By Georgiana Mihaila, Associate Editor North American Properties has recently acquired 3.7 acres in Atlanta’s Old Fourth Ward neighborhood with plans of developing its first ground-up multifamily property in Atlanta since the company shifted focus from retail to mixed-use and multifamily. [...]…

Continue reading →

Renaissance Waverly Part of $262M Portfolio Sold to Inland

Renaissance Waverly Part of $262M Portfolio Sold to Inland

By Georgiana Mihaila, Associate Editor DiamondRock Hospitality Company has completed the previously announced sale of a three-hotel portfolio to Inland American for $262.5 million. The 521-room Atlanta Renaissance Waverly hotel was part of the deal, along with Austin’s 492-room Renaissance and [...]…

Continue reading →

Lincoln Property Southeast Awarded Leasing Contracts for Four Metro Atlanta Properties

Lincoln Property Southeast Awarded Leasing Contracts for Four Metro Atlanta Properties

By Georgiana Mihaila, Associate Editor Atlanta-based OA Development—a company that has acquired 400,000 square feet of commercial real estate property over the last 13 months—has awarded leasing assignments for four of its metro Atlanta office properties to Lincoln Property Company Southeast. Lincoln Property [...]…

Continue reading →

Hines Consolidates Sustained Excellence Spot with New LEED Certification

Hines Consolidates Sustained Excellence Spot with New LEED Certification

By Georgiana Mihaila, Associate Editor International real estate firm Hines, recently recognized by the U.S. Environmental Agency (EPA) with the 2012 ENERGY STAR Sustained Excellence Award for its continued leadership in protecting the environment, is living up to its reputation. The Atlanta [...]…

Continue reading →

Boxer Property Makes Grand Entrance to the Atlanta Commercial Market

Boxer Property Makes Grand Entrance to the Atlanta Commercial Market

By Georgiana Mihaila, Associate Editor Boxer Property—a Houston-based privately held commercial real estate firm—recently acquired its first Atlanta property, the historic Hurt Building in downtown Atlanta. Designed in 1913 by architect Joel Hurt, the building is one of Atlanta’s oldest skyscrapers; the [...]…

Continue reading →

JW Marriott’s $12M Transformation Completed; United Way Selects Crestline to Manage Conference Center

JW Marriott’s $12M Transformation Completed; United Way Selects Crestline to Manage Conference Center

By Georgiana Mihaila, Associate Editor JW Marriott Atlanta Buckhead is now ready to welcome its clients after undergoing a $12 million renovation process. The hotel, voted the Best Luxury Hotel in Atlanta by CitySearch readers, has upgraded its guest rooms, suites, [...]…

Continue reading →

Green Street Moves Forward With Ponce City Market Project

Green Street Moves Forward With Ponce City Market Project

By Georgiana Mihaila, Associate Editor The Ponce City Market project is one step closer to fruition, as developer Green Street Properties has officially announced that work will start this February on the removal of the 1960s parking deck from the site. [...]…

Continue reading →

Bank of America Plaza: From a $436M Purchase to a $235M Foreclosure

Bank of America Plaza: From a $436M Purchase to a $235M Foreclosure

By Georgiana Mihaila, Associate Editor In 2006, the purchase of the iconic Bank of America Plaza for $436 million, or $348 per square foot, set a new high for the local commercial market, standing as a symbol of the booming Atlanta [...]…

Continue reading →

IDI Buys 250 Acres in SW Atlanta, Plans 650,000-SF Industrial Facility

IDI Buys 250 Acres in SW Atlanta, Plans 650,000-SF Industrial Facility

By Georgiana Mihaila, Associate Editor IDI, a leading full-service industrial real estate company, has recently announced its purchase of 254 acres of land in the I-20 West submarket of Atlanta; the company’s immediate plan is to start construction on Building A, [...]…

Continue reading →

Six Georgia Nursing Facilities Part of $174M Purchase

Six Georgia Nursing Facilities Part of $174M Purchase

By Georgiana Mihaila, Associate Editor Griffin-America HealthCare REIT II—formerly known as Grubb & Ellis Healthcare REIT II—has recently acquired 10 skilled nursing facilities and one medical office building for approximately $174.3 million. The facilities, sold by affiliates of Wellington Healthcare Services, LP, [...]…

Continue reading →

Bank of America Plaza Could be Headed for Foreclosure

Bank of America Plaza Could be Headed for Foreclosure

By Georgiana Mihaila, Associate Editor According to the Atlanta Business Chronicle, Atlanta’s tallest skyscraper—Bank of America Plaza—is being advertised for a foreclosure sale next month, if a deal is not be reached. Based on an advertisement in Wednesday’s edition of the [...]…

Continue reading →

Carter Validius Pays $95M for Atlanta Data Center, Digital Realty $63M

Carter Validius Pays $95M for Atlanta Data Center, Digital Realty $63M

By Georgiana Mihaila, Associate Editor An increased interest in Atlanta’s data center facilities marks a great new year start for the local commercial market. Carter Validus Mission Critical REIT, Inc. has just announced its $94.75 million acquisition of Peachtree Data Center, completed [...]…

Continue reading →