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Duke Realty Expands Atlanta Industrial Portfolio with Hartman Business Center Purchase

Duke Realty Expands Atlanta Industrial Portfolio with Hartman Business Center Purchase

Duke Realty Corp. recently added a 569,674-square-foot warehouse-distribution building in Hartman Business Center to its portfolio, as part of its recent focus on increasing investments in quality industrial assets.…

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Integra, L2C and Brandmovers, All Move to New Digs

Integra, L2C and Brandmovers, All Move to New Digs

Within the past week, Atlanta’s commercial real estate market was marked by three relocations, as both Integra Realty Resources and L2C, Inc signed new leases, while Brandmovers has finished its new Northside Drive headquarters.…

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Midtown Block Trades Hands, Soon to House 321 Luxury Units

Midtown Block Trades Hands, Soon to House 321 Luxury Units

A 2.5-acre site, located at the very core of Midtown Atlanta at 131 Ponce de Leon Ave., recently changed hands for $6.5 million.…

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Cranes Move, Construction Begins at Buckhead Atlanta

Cranes Move, Construction Begins at Buckhead Atlanta

By Georgiana Mihaila, Associate Editor Lifeless cranes will no longer stand watch over the luxury mixed-use development formerly known as Streets of Buckhead; developer OliverMcMillan, who took over the project in May 2011, has reportedly restarted work on the 1.5-million-square-foot mixed-use project now entitled Buckhead Atlanta. The Atlanta Business Chronicle…

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Meritex Expands Joint Venture Holdings in Atlanta with New Acquisition

Meritex Expands Joint Venture Holdings in Atlanta with New Acquisition

By Georgiana Mihaila, Associate Editor In a move to further expand its joint venture holdings in the Atlanta area, Meritex has recently acquired a 106,945-square-foot office/ warehouse project in Norcross. Resource Real Estate Partners, LLC represented Meritex in the acquisition and has been retained as the leasing agent for the…

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MAA Buys Second Buckhead Community: 349-Unit Allure at Brookwood

MAA Buys Second Buckhead Community: 349-Unit Allure at Brookwood

By Georgiana Mihaila, Associate Editor Memphis, Tenn.-based MAA, a multifamily real estate investment trust, recently added the 349-unit Allure at Brookwood community to its portfolio of over 49,000 apartment units spread throughout the Sunbelt region of the U.S. The high-end urban multifamily apartment community, located in the Buckhead submarket of…

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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…

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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…

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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…

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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…

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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…

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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…

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