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ATLANTA-The locally based developer closed two transactions totaling 101,700 sf at Northpark 75 in Cobb County and a single 38,460-sf deal in Shawnee Ridge 5, an IDI/Cigna joint venture property. All three leases are for five years at estimated rents of $4 per sf to $4.25 per sf net.
ATLANTA-The spring buying spree includes a 101,207-sf Alpharetta, GA office building for an estimated $14.9 million ($147.22 per sf) and the $15-million purchase ($150 per sf) of a 100,000-sf building at nearby Johns Creek.
ATLANTA-The 451,920-sf of office in five buildings are 90% occupied. Apollo Real Estate Advisors LP of New York sold the total 564,120-sf property to the Birmingham, AL-based REIT for $88.63 per sf, below replacement cost of an estimated $150 per sf, construction industry estimators tell GlobeSt.com.
Resources
Placer.ai
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 Resource
Assurant
From 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 Resource
Placer.ai
From 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 Resource
Building Engines
From Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourcePlacer.ai
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 ResourceAssurant
From 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 ResourcePlacer.ai
From 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 ResourceBuilding Engines
From Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourcePlacer.ai
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 Resource