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HFF Adds Moore to Bolster Multi-Housing Investment Advisory Practice in Southeast
Apartment Realty Advisors broker Bo Moore has jumped ship to HFF’s Atlanta office. Moore has been hired as a senior director at HFF, where he will team up with HFF Atlanta apartment chief Jason Nettles and senior director Megan Thompson. Moore had...

U.S. Property Sales Fall 8% in the First Half of 2018
One of the largest office sales in the first half of 2018 was 5 Bryant Park in New York City, which Savanna Capital acquired in May from The Blackstone Group for $640 million.Commercial real estate sales fell 8 percent in the first half after years of...

Recently Hired Enterprise Development Executive Leaves WeWork
Less than a month after starting as WeWork's Southeast director of enterprise recruitment, RT Bowden has left the co-working and shared space juggernaut. Bowden told CoStar News this week he no longer serves as WeWork's Southeast enterprise business...

Phillips Edison's $6.3B Merger With Its REIT to Expand Access to Capital Markets
Crosscreek Village in St. Cloud, FL, acquired by Phillips Edison Grocery Center REIT II in 2016.The proposed $6.3 billion merger of Phillips Edison & Co., one of the largest owners and operators of grocery-anchored shopping centers across the U.S., and...

Clayco's CRG Bets Big on Atlanta Industrial with 560-Acre Megasite Project
Clayco is betting most of the Southeast's industrial inventory is inadequate for today's e-commerce companies, so it's creating a new regional prototype as online shopping creates unprecedented demand across the country. To this point, Clayco's private...

Five Below Grows in Georgia
Five Below, the discount retailer that targets tweens and teens, is making a major investment in Georgia. The Philadelphia-based company said Wednesday it will build a $42 million distribution center that will create 130 new jobs in Monroe County,...

Starwood Capital Snags Atlanta's 7000 Central Park for $105 Million
Atlanta office investment sales got off to a strong start in the second half of the year as Starwood Capital Group paid $104.8 million for a Sandy Springs, GA, office tower. The Greenwich, CT-based investment firm, managed by accomplished lodging executive...

TerraCap Revives Gwinnett Office Park
When Florida investment firm TerraCap Management acquired a low-slung office park in suburban Atlanta last year, it saw opportunity in a part of Gwinnett County that had lost some luster. The park, 3100 Breckinridge in Duluth, GA, had been struggling...

In Atlanta, Icahn Prepares for Life Without AT&T
Activist investor Carl Icahn isn't waiting for AT&T to vacate his firm's 1.4 million-square-foot office tower in Midtown Atlanta to prepare for its rebirth. Icahn Enterprises, a holding company with investments in 10 industries including real estate...

Atlanta Makes Case as a National Business Innovation Center
Georgia Tech's Technology Square campus in Midtown Atlanta is the epicenter of innovation in Atlanta and Georgia. Tech Square, which opened in 2003, has played a critcal role in Atlanta's emergence as a national innovation hub that has attracted nearly...

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