Home » Cities »  (Page 9)

Atlanta


Trophy Tower 999 Peachtree Hits the Market

Trophy Tower 999 Peachtree Hits the Market

 By Georgiana Mihaila, Associate Editor Jamestown Properties, the company that bought the former First Union Plaza in 2007 for approximately $127 million, is now seeking a buyer for the iconic 28-story Midtown tower. A year after the purchase, owner Jamestown Properties had hired Atlanta-based Cousins Properties to manage, lease and…

Continue reading →

ARA Closes Sale of 204-Unit Old Fourth Ward Apartment Community; Lincoln Property Brokers Three Major Atlanta Leases

ARA Closes Sale of 204-Unit Old Fourth Ward Apartment Community; Lincoln Property Brokers Three Major Atlanta Leases

By Georgiana Mihaila, Associate Editor ARA—a privately held, full-service investment advisory brokerage firm specializing in the multifamily industry—recently announced the sale of its 626 DeKalb 204-unit apartment community. Buyer Mesa Capital Partners, an apartment acquisition and development firm, paid $21 million for the Old Fourth Ward apartment community. Mesa Capital…

Continue reading →

Invest Atlanta Moves to Georgia-Pacific Tower; Parkway Also Signs New Tenants

Invest Atlanta Moves to Georgia-Pacific Tower; Parkway Also Signs New Tenants

By Georgiana Mihaila, Associate Editor Invest Atlanta, the city’s official economic development authority, will soon be leaving its Pryor Street headquarters for the Georgia-Pacific Center; the agency signed a 13-year lease with landlord GA-MET—a joint venture of Metropolitan Life Insurance Company and Georgia-Pacific LLC—for 18,701 square feet on the 29th…

Continue reading →

Cassidy Turley-Managed Building Awarded ENERGY STAR Designation

Cassidy Turley-Managed Building Awarded ENERGY STAR Designation

By Georgiana Mihaila, Associate Editor The U.S. Environmental Protection Agency recently presented its ENERGY STAR designation to the Boys and Girls Clubs of America Headquarters in Atlanta in recognition of the facility’s commitment to protecting the environment through energy efficient practices and management. The six-story, 143,000-square-foot building at 1275 Peachtree…

Continue reading →

One Hartsfield Centre Hits the Market

One Hartsfield Centre Hits the Market

By Georgiana Mihaila, Associate Editor The 150,000-square-foot, Class A office building overlooking the north end of Hartsfield-Jackson Atlanta International Airport is now up for grabs. Leading commercial real estate services provider Cassidy Turley has already commenced marketing efforts. The sales team for One Hartsfield Centre consists of Gary Lee, managing…

Continue reading →

PREI Buys Ten Peachtree Place, Plans to Achieve LEED Silver for the Property

PREI Buys Ten Peachtree Place, Plans to Achieve LEED Silver for the Property

By Georgiana Mihaila, Associate Editor Prudential Real Estate Investors has recently acquired midtown Atlanta’s Ten Peachtree Place, a fully leased, 20-story, Class A office tower. Acting on behalf of a German institutional advisor, Prudential Real Estate Investors—the real estate investment management and advisory business of Prudential Financial, Inc.—has bought the…

Continue reading →

Duke Realty Tapped to Build New Kuehne + Nagel Southeastern Headquarters

Duke Realty Tapped to Build New Kuehne + Nagel Southeastern Headquarters

By Georgiana Mihaila, Associate Editor Global logistics service provider Kuehne + Nagel, Inc.—a unit of Swiss-based Kuehne + Nagel AG—has signed a built-to-suit lease with Duke Realty for its new southeastern headquarters. Wes Hardy, vice president leasing, represented Duke Realty in the transaction. Kuehne + Nagel, Inc. was represented by…

Continue reading →

MAA Buys 230-Unit Buckhead Apartment Community

MAA Buys 230-Unit Buckhead Apartment Community

By Georgiana Mihaila, Associate Editor Memphis, Tenn.-based MAA, an apartment-only real estate investment trust, recently added the 230-unit Allure in Buckhead Village community to its portfolio of over 49,000 apartment units spread throughout the Sunbelt region of the U.S. While the company is currently selling several of its Atlanta-area assets…

Continue reading →

Novare Plans New Luxury Apartment Community in Midtown

Novare Plans New Luxury Apartment Community in Midtown

By Georgiana Mihaila, Associate Editor Novare Group’s Viewpoint condo tower will most likely get a new neighbor, as the developer has recently drafted plans for a new 23-story luxury high-rise apartment community on the northwest corner of 6th and Juniper streets. Novare has pitched its plans for 100 6th Street…

Continue reading →

Lincoln Property Brokers 215,000 Sq Ft of Office Leases for Equity Office

Lincoln Property Brokers 215,000 Sq Ft of Office Leases for Equity Office

By Georgiana Mihaila, Associate Editor Lincoln Property Company Southeast, working on behalf of Equity Office, has brokered 215,000 square feet of leases in the North Fulton area during the first quarter of 2012. Equity Office had awarded Lincoln Property Company Southeast the contract to manage 3.3 million square feet and…

Continue reading →

NAP Wins Approval for $600M Avalon Development

NAP Wins Approval for $600M Avalon Development

By Georgiana Mihaila, Associate Editor The Southeast is one step closer to its first “experience center”—a place where high-end retail, restaurant, residential, office, hotel, and public spaces come together in order to create a unique destination. North American Properties has received key approvals to move forward with its $600 million Avalon…

Continue reading →

Occupancy Up at Cousins Properties’ Promenade II

Occupancy Up at Cousins Properties’ Promenade II

By Georgiana Mihaila, Associate Editor According to a recent announcement, Cousins Properties has managed to considerably boost occupancy of its Promenade II office tower by signing Norfolk Southern as its newest tenant and renewing Tvsdesign’s existing lease. Norfolk Southern will be taking 37,000 square feet out of the total of 774,000,…

Continue reading →