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Starwood Ups Initial Bid for Milestone Apartments REIT Buyout
An affiliate of Starwood Capital Group agreed to sweeten its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transaction. Under the revised bid announced in a joint release by the two companies, Milestone...

Robbins Electra Continues Atlanta Expansion with Latest Investment
Robbins Electra, a Tampa, FL-based multifamily owner and operator, closed on its second investment this year in metro Atlanta with the acquisition of Ashley Vista in Lithonia, GA from Bridge Investment Group Partners. Ashley Vista is a 312-unit apartment...

Ackerman Hires Former Managing Partner/Owner of Southern Retail Brokerage Services as SVP
Ackerman & Co. has hired former managing partner and owner of Southern Retail Brokerage Services, Brian Lefkoff, as a senior vice president. Lefkoff will assist retailers with site selection and expansion as a member of Ackerman's retail services division...

Aaron's Renews, Expands Office Lease in Kennesaw
Aaron's (NYSE: AAN), a lease-to-own retailer of furniture and electronics headquartered in Atlanta, reached a deal with TerraCap Maanagement to renew and expand its lease at 400 and 500 Chastain Center in Kennesaw, GA to 115,314 square feet. 400 and...

CoStar's People of Note (Mar. 17) - Colliers Florida Announces New Statewide Leadership, Principals Named at Lee & Associates, Next Realty
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Tampa / St. Petersburg, San Diego, Washington DC, Raleigh / Durham...

Parmenter Realty Refinances Buckhead Tower in Atlanta
Parmenter Realty Partners has refinanced the 19-story Buckhead Tower located at 3399 Peachtree Rd. NE in Upper Buckhead. The Miami-based real estate investment, management and development firm paid $59.3 million back in 2012 for the 348,152-square...

Fuqua Preps for Groundbreaking of $250 Million Madison Yards Development in Atlanta
Fuqua Development will soon break ground on the first phase of the company's $250 million Madison Yards project located at 905 Memorial Dr. in Atlanta. The company's demolition permits for the site, formerly home to a Leggett & Platt mattress factory...

KDC Demolishes Hammond Exchange Bldg. to Make Way for Second Phase of 2.2 Million-SF Park Center Project
Dallas-based commercial real estate development firm KDC has razed the Hammond Exchange building at 1111 Hammond Dr. to make way for the second phase of Park Center, a 17-acre master-planned transit-oriented development located in Atlanta's Central Perimeter...

Adventure Air Sports Opening 38,000-SF Location at Kennesaw's Town Center Plaza
Adventure Air Sports is bringing its high flying fun to Kennesaw, GA after the Knoxville-based indoor trampoline park signed a lease for 38,312 square feet at the Town Center Plaza. Town Center Plaza is a 226,963-square foot retail center anchored...

CoStar's People of Note (Mar. 10)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Santa Fe, Boston, Chicago, Orange County, Phoenix/Tucson...

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