Atlanta

The company, founded in 2002, is currently headquartered in Lawrenceville, GA. Brightree, which is a subsidiary of ResMed, has leased 60,500 square feet of former office and warehouse space at Bureau 125 Tech Park.

The property adjacent to Interstate 85 at 117 Valentine Industrial Parkway totals 1.021 million square feet and was recently completed by USAA Real Estate/Seefried of Atlanta.

When the merger closes, the company will retain the Cousins name and will trade under the ticker symbol CUZ.

The Aventura, FL-based asset management firm purchased the 187,373-square-foot office center in Cobb County from Pope & Land Real Estate of Atlanta.

The deal was reported by Bethesda, MD-based commercial real estate finance firm Walker & Dunlop, which represented California-based Praelium Commercial Real Estate and South Street Partners of Charlotte, NC, in refinancing the property as part of a restructuring and recapitalization of the ownership entity.

The deal increases Blue Magma's Atlanta area portfolio to 3,000 value-add units purchased by the firm in less than four years at a cost in excess of $133 million.