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07/20/2018
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...

07/20/2018
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...

07/20/2018
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...

07/19/2018
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...

07/19/2018
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...

07/18/2018
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,...

07/18/2018
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...

07/17/2018
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...

07/16/2018
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...

07/16/2018
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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