State: Georgia - GA

January 11, 2001McDONOUGH, Ga. – Shoptaw & Garrard, a pension fund adviser, has purchased the fully leased, 352-unit, Amber Chase Apartments for more than $22 million in this Atlanta suburb.Grubb & Ellis Co. (NYSE:GBE) represented the seller, Moore & Murphey, ...

January 9, 2001 ATLANTA – Roberts Realty Investors Inc. (NYSE:RPI) has sold its 152-unit Rosewood Plantation apartment in Norcross, Ga., for $14.8 million.Roberts Realty plans to use the $5.9 million of proceeds for other acquisitions."Although Rosewood Plantation has consistently produced ...

January 5, 2001 GE Pension Trust and Hines are in talks to buy Atlanta Financial Center for $160 million to $175 million, or up to $197.50/sf., The Atlanta Journal-Constitution reported today.GE and Hines are said to be negotiating with Overseas ...

January 5, 2001 ATLANTA – Alston & Bird LLP has named 13 new partners in its Atlanta office, among them are two in the law firm's real estate practice group.The two are Christina K. Braisted, who represents institutional investors and ...

January 4, 2001 ATLANTA – Summit Properties Inc. (NYSE:SMT) has sold a 323-unit apartment community, formerly known as Summit Village, for $22.6 million, or $70,200 per home, to a pension fund adviser.Proceeds from the sale will fund company's ongoing development, ...