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09/21/2018
Coworking Provides a Boat in the Storm, Along With a Sales Pitch, During Hurricanes
The Serendipity Labs in Atlanta offered free work space for evacuees of Hurricane Florence. In the aftermath of Hurricane Florence, coworking facilities, with their plug-and-play capabilities, emerged as a temporary destination for workers with flooded...

09/20/2018
Midtown Atlanta Apartment Tower Flips for $130 Million, Breaks 2018 Sales Record
American Realty Advisors has paid slightly more than $130 million for Azure on the Park in Midtown Atlanta, setting a new Atlanta sales record for the year and closing at one of the highest prices ever paid for a multifamily complex in the city. A...

09/19/2018
New York Investment Manager Makes $60 Million Loan on Atlanta Tower
A New York real estate investment management firm has provided a $60 million loan to the owners of 1355 Peachtree, a picturesque office tower in Midtown Atlanta. Square Mile Capital said it originated the loan secured by the 20-story office building...

09/18/2018
Cousins Properties Names Connolly CEO
Colin Connolly to succeed Larry Gellerstedt as CEO of Cousins Properties; Photo credit: Cousins Properties.Cousins Properties today said company President Colin Connolly will become chief executive officer next year, replacing Larry Gellerstedt, who has...

09/17/2018
Amid Amazon HQ2 Hunt, Atlanta Suburb Considers Huge Fulfillment Center
Photo credit: Gwinnett County Planning Commission.As Atlanta continues its work to entice Amazon's second headquarters, officials in its northeast suburbs are considering a proposal for "Project Rocket," which some local officials believe is the code...

09/17/2018
Florida Investor Plans $100 Million Redevelopment on Peachtree
Photo credit: IG3 Real Estate.A Florida investment and development firm thinks the time is right to redevelop a large tract on Peachtree Road in Brookhaven, Georgia’s bustling business district. IG3 Real Estate of Miami and SDS Real Property Holdings...

09/14/2018
First Communities, Sage Equities Partner Up to Buy 302-Unit Forest Hills at Vinings in Atlanta
Local firm First Communities teamed up with Israeli company Sage Equities to acquire the Forest Hills at Vinings community in Atlanta for $43.6 million, or $143,894 per unit. Built in 1979, the 302-unit community consists of one- and two-bedroom units...

09/12/2018
Trammell Crow, Clarion Acquire 110 Acres to Expand Jackson County Business Park
Texas development and investment firm Trammell Crow Co. and Clarion Partners have acquired an additional 110 acres in northeast Atlanta for the third phase of the venture's successful Jefferson Mill Industrial Park. Trammell Crow (TCC) and Clarion...

09/11/2018
Lee & Associates Hires Fiveash as Atlanta Managing Broker
Lee & Associates' Atlanta office is undergoing major changes with the hiring of a new managing broker who plans to carry out an aggressive recruitment effort to add agents. The brokerage firm said it hired Charlie Fiveash, a 30-year commercial real...

09/11/2018
Atlanta Outlines Unprecedented Accord With Developer to Transform Potential Amazon HQ2 Landing Spot
CIM Group's proposed redevelopment within the Gulch in Atlanta; Photo credit: CIM Group Atlanta's mayor is proposing to offer a Los Angeles developer an unprecedented economic package to transform the city's downtown and possibly lure Amazon's second...

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