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WOODSTOCK, GA-Atlanta-based Hedgewood Properties Inc. plans 60,000 sf of retail and restaurant space to complement the brick townhomes and condominium flats scheduled to be built in this 125-year-old Cherokee County community, about 20 miles north of Downtown Atlanta.
ORLANDO-The Houston office of Holliday Fenoglio Fowler LP arranges the five-year acquisition financing for the Tomorrow Fund through Cleveland, OH-based KeyBank Real Estate Capital. The 26-acre office park, which comprises 10 buildings totaling 271,051 sf, sold for $15.7 million or $57.92 per sf.
DECATUR, GA-Prices at the 168-unit, seven-story Decatur Renaissance, near the MARTA rail station, will start at $160,000. The project is scheduled for a fall completion in Downtown's special pedestrian district, about seven miles east of Downtown Atlanta.
ORLANDO-New construction is expected to fall sharply this year to 1.5 million sf but strip shopping centers could be hurt as 590,000 sf of unanchored space is slated for delivery within the next 18 months, according to a new market analysis by Marcus & Millichap.
ATLANTA-The city has set up a citizens group, headed by SunTrust Bank executive John Spiegel, to review strategies for new development at the seven-acre Civic Center parking lot. The city owns the lot but local developer Charlie Ackerman has an exclusive 50-year lease on the property.
DAYTONA BEACH, FL-MSKP Volusia Partners LLC expects to close on the prime 1,150-acre tract at the LPGA International community in August. The deal with locally based Consolidated-Tomoka Land Co. does not include the LPGA International golf courses and clubhouse operations.
LITHIA SPRINGS, GA-The publicly traded San Francisco-based REIT is constructing an estimated $22-million, cross-dock distribution building at the Douglas Hill Business Park in this Atlanta suburb.
TAMPA, FL-A total 55% of the 1.3 million sf of new retail construction coming online this year will be unanchored. Single-tenant construction makes up the next largest segment with CVS and Walgreens continuing to penetrate the market, according to a new analysis by Marcus & Millichap.
ATLANTA-The Boca Raton, FL-based apartment operator buys the 272-unit, high-end Gables Druid Hills in the affluent Buckhead district for $33.2 million and sells its 603-unit Lakes at Indian Creek in the metro area for $26 million.
ORLANDO-Orange County collected a record $10.9 million in April on its 5% hotel room tax, a 23% increase over April 2003 revenue, says county comptroller Martha O. Haynie. If collections continue at their seven-month average of nearly $9.5 million, the annualized total could hit $113.4 million, topping the highest-ever collection year of $108.2 million in 2000.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource