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ATLANTA-Indicating that returns were not up to snuff, the locally-based multifamily development/management company has sold a majority interest in its apartment properties for $60 million to Philadelphia-based CMS Cos. Gables and CMS are now joint-venturing those assets.
ATLANTA-Speculator Lawrenceville-Suwanee Associates bought 116 acres in three parcels for $13.3 million or $114,655 per acre ($2.63 per sf), which it plans to sell to the Schaumburg, IL-based high-tech manufacturer at an undisclosed price.
ATLANTA-The Atlanta-based architectural firm was the only Southern group to win one of the annual national honor awards from the American Institute of Architects.
ATLANTA-The locally-based REIT makes another move to get its financial house back in order with the hiring of David P. Stockert to replace Jeffrey A. Harris as president and COO.
ATLANTA-An entire retail investment team moved from Ben Carter Associates to Trammell Crow Co. Access to Trammell's national and regional network was the motivating factor in the relocation, the four agents say.
ATLANTA-In keeping with its move to pare down and focus on urban development, the locally-based REIT has sold two Atlanta apartment communities totaling 421 units for an aggregate $47.25 million or an average $112,333 per unit.
ATLANTA-The 128,500-sf, 100%-leased office building is 54% owned by Wells LP Fund XII and 46% owned by Wells Real Estate Investment Trust. Wells refuses to disclose the seller's name.
ATLANTA-The 10-year contract brings the 245,940-sf, 10-story, 245 Perimeter Center office building to 100% occupancy. The property is 15 miles from Downtown. Negotiating for the tenant were Insignia/ESG's Sam Holmes, Anne Lofye and John Shlesinger.
ATLANTA-JDI Realty of Chicago got a real bargain when it paid Tyco Electronics $5.2 million or $55.91 per sf for a 93,000-sf office/manufacturing building in Peachtree City, 32 miles south of Downtown.
ATLANTA-The auto company's distribution and training center now leases an entire 451,000-sf building in Newpoint Distribution Center in the northeast metro area. The estimated 10-year lease includes 322,000 sf leased last summer.
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.
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 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