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SG Property Services Acquires Medical Plaza Property in Dallas
SG Property Services (SGPS) today announced the purchase of the 12-acre MacArthur Medical Plaza for $9.2 million via an affiliated entity. The 41,588-square-foot property is situated at 3501 N. MacArthur Blvd. Irving, Texas, a fast-growing area just northwest of Dallas.
SG Property Services Adds Two Medical Buildings to Portfolio
Property Services, an Atlanta-based real estate firm with a focus on healthcare and professional office development, has acquired Johns Creek Medical and The Swan Building for a combined $11.9 million. The two properties, located at 6918 McGinnis Ferry Road in Johns Creek and 4165 Old Milton Parkway in Alpharetta, total 55,664 square feet. More...
Adventure Air Sports Bounces into Kennesaw’s Town Center Plaza
Adventure Air Sports, a state-of-the-art family entertainment center, has signed an eight-year lease at Town Center Plaza in Kennesaw, GA. It is the company’s first location in Georgia. More...
Crescent Communities Starts Construction on Apartment Community in Atlanta’s Perimeter
Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood. The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285.
Renderings Revealed for Fetch, a Restaurant and Dog Park Coming Soon to O4W
Fetch has released the first renderings of the restaurant and dog park bar concept coming to Atlanta’s Old Fourth Ward neighborhood. Fetch is the first restaurant concept by Atlanta businessman Stephen Ochs and his business partner, Garrett Reynolds. The restaurant is expected to open this Fall.
Grubb Properties Selects JLL to Market The Park at Perimeter Center East – The...
JLL today announced that Grubb Properties engaged its Agency Leasing group to market and lease The Park at Perimeter Center East. JLL Associates Liz Koteles and David Horne will oversee leasing for the three-building office park. Charlotte-based Grubb Properties acquired the 19.5-acre property in 2015, representing the firm’s first office investment in Atlanta. Grubb Properties established a local office within The Park and has three additional corporate offices across North Carolina.
Crescent Communities Hires Kyle Brock as Managing Director
Crescent Communities is pleased to announce the addition of Kyle Brock as Managing Director overseeing development for the Atlanta market. Previously, Brock led multifamily development in Atlanta and Tampa for Carter. Prior to his tenure with Carter, Brock spent nine years at Novare Group. As Senior Vice President, Finance, Brock led development and financing efforts on several condominium and high-rise rental developments across the Southeast and Texas.
Betsy Peck Named to Executive Leadership Honor Roll of OnBoard
JLL’s Americas Markets Chief Operating Officer Betsy Peck was recently named to the Executive Leadership Honor Roll of OnBoard. Based in Atlanta, OnBoard is a non-profit organization with a goal to demonstrate the impact women can make in the boardroom and in executive leadership. OnBoard is a catalyst to increase the number of women in the boardroom for companies in Georgia.
Atlanta’s First Restaurant Dog Park Takes Root
Stephen Ochs and his business partner former Falcons player Garrett Reynolds today unveiled plans to launch Atlanta’s first restaurant and dog park bar concept in the Old Fourth Ward. Located at the intersection of Decatur Street and Boulevard, the restaurant will include Fetch Ice House, a full-service eatery and bar, and Fetch Park, an on-site dog park bar.
JLL Completes Phase 1 of University System of Georgia Student Housing Privatization Project
Following JLL’s role as real estate and development advisor on the highly successful closing of the first ever, nine campus, $548 million student housing privatization in 2015, JLL was also hired as the Program Manager to represent the Board of Regents on four campuses with new student housing development included as part of the P3. The projects listed below were all completed on schedule July 15, 2016 and are now fully occupied
Influential Atlanta Business Groups Join Forces in Support of TSPLOST
Metro Atlanta’s most-influential real estate and development associations today launched the Unlock ATL campaign in an unprecedented effort to raise awareness of and gain support for the critical transportation referenda on the Nov. 8 ballot.
Pinewood Forrest Announces Several Key Partnerships; Hay Creek Hotels Signs On to Open First...
Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia, today announced several milestones as part of its newly established Pinewood Progress update series. One highlight centers on Hay Creek Hotel’s decision to open its first metro Atlanta boutique hotel at the development
Pinewood Forrest Hires Top Entertainment Executive as President
Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia, today announced international expert Rob Parker as its new President. In his newly created role as president of Pinewood Forrest, Parker will oversee strategy, planning, financial management, development and ongoing operation of the groundbreaking Live-Create-Play community adjacent to Pinewood Atlanta Studios
WPM Commercial acquires and markets prime industrial site in Northwest Georgia | Site entitled...
WPM Commercial, an Atlanta-based investor and developer, said today it is marketing for sale a 220-acre tract entitled for up to 3,500,000 square feet of distribution and manufacturing space in Adairsville, Georgia.
Atlanta is one of the healthiest office markets in the world, based on the...
Office rents jumped 13 percent, placing Atlanta at No. 8 in JLL’s Global Top 10 market for office growth. In JLL’s Global Office Index report, Oakland East Bay, Stockholm, Dublin and Dubai (DIFC) took the top spots for annual office rental growth, all with growth of 20 percent or more. Apart from Oakland East Bay, and Atlanta, two other U.S. cities were featured in the top ten: Los Angeles (seventh) and Austin (ninth) showing 13.5 and 12.1 percent growth respectively.