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Passco is drawn to Atlanta because of its numerous demand drivers, booming employment growth, and a geographic landscape that has fostered an expansive sprawl of desirable places to live and invest.
Clarion acquired the 18-story, 491,573-square-foot office tower from a joint venture of The Fallon Company and Barings, on behalf of an institutional investor.
The Washington, DC-based firm, which is the development arm of National Real Estate Advisors, has announced the addition of Canopy Philadelphia Center City, which will be part of the Hilton portfolio. The hotel is scheduled to open in the spring of 2020 at 1180 Ludlow St.
Don't be fooled by all the development and growth happening in downtown Miami as big investment opportunities are in store in more suburban areas, experts said.