Multifamily news in Marketing - Atlanta
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Stonemark Assumes Management of Georgia Apartments
The firm was chosen to manage Legacy Apartment Homes in College Park, Ga., and plans to rebrand the property.
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In Case You Missed It: MHN’s Top 5 Posts in October
Miss any of our articles? Catch up with five of our most popular posts for the month.
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New Luxury High-Rise Opens in Midtown Atlanta
The $101 million development sits in the heart of 12th & Midtown, a 3 million-square-foot master-planned, mixed-use community.
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Tech Firms Take Norcross Office Building by Storm
An office building in Norcross will soon welcome new tenants from the tech world.
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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 owns the asset and the company was represented by Jones Lang LaSalle’s team of Vice President Rodney Davidson and Associate Reed Davis in both transactions. The two deals brought the building to 100% occupancy.
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Lincoln Property Company to Manage Parkwood Point Office Building
Lincoln Property Company Southeast has won the exclusive leasing and management assignment for Parkwood Point, the company announced in a news release. The nine-story office building at 2018 Powers Ferry Road is owned by AEW Capital Management.
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STORE Capital Acquired Advanced Control Systems Building
STORE Capital – an Institutional REIT, bought Advanced Control Systems Building a 49,436 square foot office/warehouse facility located in Norcross, enlisting the services of Stan Johnson Company. The transaction was worth $4.12 million and the property is leased back to Advanced Control Systems, Inc.
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International Tech Group Subsidiary Consolidates Operations at 5405 Windward Parkway
Andritz Inc., a U.S. subsidiary of the Andritz Group moves to 5405 Windward Parkway. The company has recently signed a long-term lease for 40,000 square feet. To the he landlord, Highwoods Properties, Inc.’s relief the building has reached almost complete occupancy.
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Berkley Specialty Underwriting Managers Consolidates Operations at Ravinia
Berkley Specialty Underwriting Managers has recently signed a long-term office space lease in Atlanta’s Central Perimeter submarket at Two Ravinia Drive. The property is part of the 42-acre Ravinia complex which consists of three Class A towers and a 500-room Crowne Plaza Hotel.
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Physicians Realty Closes Purchase and Leaseback of Four Medical Office Buildings
Physicians Realty L.P., an operating partnership of Physicians Realty Trust closed on the purchase and leaseback of four medical facilities located in Jackson, Conyers and McDonough.
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Meda Consumer Healthcare Signs 11KSF Sublease in the Cumberland Area
The Meda Consumer Healthcare division of Meda Pharmaceuticals Inc. recently signed a sublease with Schawk Inc. for 11,041 square feet of office space in a building located at 1100 Circle 75 Parkway NW, in Atlanta.
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Vesta Solidifies Alpharetta Location as Eastern Region Hub
Cushman & Wakefield announced recently that it represented Portland, Ore.-based Vesta Corporation in a 36,556-square-foot long term lease. The seven-year contract at Brookside Concourse in Alpharetta replaces the electronic payment solutions provider’s previous sublease.
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The Aspen Cos. Purchases Three Affordable Assets in Georgia
New Jersey-based The Aspen Cos. has picked up a trio of affordable housing communities for slightly more than $9 million. The move adds more than 300 units to its expanding portfolio in the Southeast.
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Connecture Signs 28.3 KSF Class-A Office Lease at 55 Allen Plaza
A full story will fill in at 55 Allen Plaza as Connecture Inc. signs an 11-year lease of 28,299 square feet of office space in the building that has reached an occupancy rate of 93 percent. Lincoln Property Company Southeast’s Tony Bartlett and Andy Sumlin of Cushman & Wakefield represented the landlord and Carla Williams and Jeff Samaras of Cushman & Wakefield spoke for the tenant in the transaction.
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Parkway Properties Takes Ownership of 7000 Central Park
7000 Central Park in Atlanta changed hands on Nov. 5, as the joint venture Parkway Properties Inc. entered has recently foreclosed on the asset and taken ownership of the property, Parkway announced.