Atlanta

IOV remains in acquisition mode, seeking to acquire $100 million in assets over the next 12 to 24 months—with a five-year plan to amass more than $500 million in product type.

The Atlanta-based firm reports it has closed on an loan of approximately $12.3 million in connection with Oxford Properties' plans to develop a 240-unit Class A multifamily community at its a 63-acre mixed use project in Fredericksburg.

“The site in Lawrenceville is a representative example of what the brand is seeking – new construction, and a highly visible and easily accessible free-standing location in a growing market," says SRS managing principal Matthew Mousavi.

The combination of the firms will offer a keen understanding of the national commercial real estate landscape with a precise, street-level focus that establishes a competitive advantage for investors during all phases of an asset's lifecycle.

The markets in which the portfolio assets are located – Atlanta, Orlando, Charleston, Raleigh and Charlotte – are all high population growth markets.

Atlanta's low cost of living vs. the Northeast and the Midwest and a business-friendly government and regulatory environment are driving economic growth, says Transwestern's Bruce Ford.

“We believe that Class A super-regional malls remain one of the most attractive investments available today.”

The Edge Atlanta Campus is poised to support large and dense customer deployments with a total capacity of 21 megawatts.