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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. [...]…

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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 [...]…

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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, [...]…

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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, [...]…

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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 [...]…

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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 [...]…

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Partnership Breaks Ground on $60M SkyHouse Midtown

Partnership Breaks Ground on $60M SkyHouse Midtown

By Georgiana Mihaila, Associate Editor Atlanta is one step closer to getting a brand new luxury apartment tower—the first high-rise apartment building to be built in Midtown for the past decade—as the 23-story SkyHouse Midtown prepares to break ground. The announcement [...]…

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