Atlanta

The seller, the Teachers Retirement System of the State of Illinois, purchased the property in a foreclosure auction in 2011 for $57 million, about a 31% decline in its market value.

For starters, there will be a much higher level of cleanliness in the workplace, says architect Bill Halter.

There's even more value in versatility as tenants adjust their approach to current team and future spatial needs.

"One of my contacts at Atlanta Housing Authority tells me that recently a complex of 50 units opened up for the voucher program, and for those 50 units, they had 30,000 applicants."

"The consistent message out there is everything is waiting for that shoe to drop on April 1."

The sale consisted of a 422-room hotel in Atlanta, GA and a 237-room in Washington DC.

The REIT recently acquired a five-building portfolio for $34.7 million.

HSA Commercial has acquired a 68-acre land parcel at Wilmot Road and 136th Avenue in Bristol, near I-94 and the Wisconsin-Illinois border. The firm has already received approval to develop a multi-phase business park on the parcel consisting of three buildings totaling more than 1 million square feet.