State: Georgia - GA

Commercial Real Estate Direct Staff Report TerraCap Management has agreed to sell two apartment properties with a combined 692 units in the Atlanta suburb of Marietta, Ga., for $102 million, or $147,399/unit. Newmark is brokering the deal, which is expected ...

Passco Cos. has paid $65 million, or $228,873/unit, for the recently completed Mill at New Holland, a 284-unit apartment complex in Gainesville, Ga. The Irvine, Calif., investment manager, a major player in the tax-deferred exchange market, bought the property from ...

Atlanta Business Chronicle JLL Income Property Trust has bought the 240-unit Siena Suwanee Town Center in Suwanee, Ga., for $70 million, or about $291,667/unit. The seller was not disclosed. The property, at 400 Buford Highway, opened three years ago and ...

Atlanta Business Chronicle Deferred Tax LLC has proposed building a 322,507-square-foot mixed-use complex in the Atlanta suburb of Athens, Ga. The project, which is being built in two phases, has been proposed for a 47-acre site in the northwest corner ...

FCP has paid $30 million, or $142,857/unit, for the 210-unit Villas at Princeton Lakes apartment property in Atlanta. The Chevy Chase, Md., investment manager was represented by Cushman & Wakefield in the deal. The seller was not disclosed. Villas at ...

Monmouth Real Estate Investment Corp. has paid $96.7 million, or $147/sf, for the 657,518-square-foot industrial building at 3150 Highway 42 in Locust Grove, Ga., which is about 35 miles southeast of Atlanta. The building is within the Gardner Logistics Park, ...

Atlanta Business Chronicle A joint venture of MetLife Investment Management and Granite Properties has lined up $210 million of construction financing for a 26-story office building at Atlanta's Midtown Union mixed-use complex. Wells Fargo Bank provided the loan. The 612,000-square-foot ...

Nuveen Real Estate has provided $114 million of financing against Pennant Park, a six-building office complex with 760,000 square feet in Atlanta's northwestern submarket. The property, the former Interstate North Office Park, is owned by Rubenstein Partners, which had purchased it ...

Atlanta Business Chronicle Trammell Crow Residential is building a 315-unit apartment project in Atlanta's Summerhill neighborhood. The developer recently paid $7.6 million for the project's 3.6-acre development site, which is next to Turner Field, home of the Atlanta Braves professional ...