City: Atlanta
Atlanta’s Peachtree Center Gets Clobbered Again with Latest Appraisal
Commercial Real Estate Direct Staff Report The Peachtree Center office and retail complex in Atlanta has been re-appraised at a value of only $155 million. That compares with the $115.3 million of CMBS financing that had encumbered it until early ...
Nuveen Sells Open-Air Retail Property in Suburban Atlanta
REBusiness Online Nuveen Real Estate has sold the Fayette Pavilion, a nearly 1.1 million-sf retail center in Fayetteville, Ga. The Chicago company sold the open-air property to 5Rivers CRE of Houston in a deal brokered by CBRE. The purchase price ...
Atlanta-Area Industrial Buildings Sell for $18.15Mln
Unilev Capital has paid $18.15 million, or $128.28/sf, for three light-industrial buildings with 141,481 square feet in the Atlanta suburb of Norcross, Ga. The Beverly Hills, Calif., investor bought the buildings from Berkeley Partners of Oakland, Calif., in a deal arranged ...
1455 Lincoln Parkway
Innova Solutions has bought the 186,846-square-foot office building at 1455 Lincoln Parkway in Atlanta. Parmenter Realty Partners sold the property, which it had owned since 2015. The sales price was not disclosed. CBRE brokered the deal. Innova, an IT company, ...
Synovus Lends $46Mln for Construction of Atlanta-Area Apartments
REBusiness Online Synovus Bank has provided $46 million of financing for the construction of The Averly Collins Hill, a 300-unit apartment project in the Atlanta suburb of Lawrenceville, Ga. A venture of ECI Group and The Griffin Fund recently broke ...
PCCP Lends $102Mln Against 5 Stoltz-Owned Industrial Properties
PCCP LLC has provided $102 million of mortgage financing against a portfolio of five industrial properties with 1.6 million square feet owned by Stoltz Real Estate Partners. The five properties, constructed between 2018 and 2023, are fully leased to seven ...
Nuveen Real Estate Buys Fully Leased Retail Property Near Atlanta
REBusiness Online Nuveen Real Estate has bought Peachtree Crossing, an 80,748-square-foot retail property in the Atlanta suburb of Peachtree City, Ga. Harbour Real Estate Partners sold the property, at 100 North Peachtree Parkway, and was represented by JLL Capital Markets. ...
Vacant Office Building in Alpharetta, Ga., Trades for $14.5Mln
REBusiness Online Free Chapel Worship Center has acquired the 123,982-square-foot Woodside Terrace office building in the Atlanta suburb of Alpharetta, Ga., for $14.5 million, or about $116.95/sf. The church purchased the four-story property from the Ravi Zacharias International Ministries, which ...
W Atlanta – Downtown hotel
Stonebridge Hospitality Management has bought the 237-room W Atlanta - Downtown hotel in downtown Atlanta for $24.8 million, or about $104,641/room. The Denver company acquired the hotel, at 45 Ivan Allen Jr. Blvd. NW, as part of a five-property portfolio ...
IT Company Buys 186,846-SF Office Building in Atlanta
REBusiness Online Innova Solutions has bought the 186,846-square-foot office building at 1455 Lincoln Parkway in Atlanta. Parmenter Realty Partners sold the property, which it had owned since 2015. The sales price was not disclosed. CBRE brokered the deal. Innova, an ...
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