Commercial

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

JLL Atlanta announces that Ryan Mandrell has joined the Tenant Rep team at JLL Atlanta as Vice President. A native of Atlanta, Ryan most recently spent four years in New York City with Newmark Grubb Knight Frank, where he was responsible for business & client development, tenant representation, acquisition/disposition, lease portfolio management and strategic advisory and implementation. While there, he completed over 500,000 square feet of transactions and was selected to the 2015 NGKF National Rising Star Retreat.

Plans were announced today for Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia. Envisioned as a community themed and centered around storytellers, the creative and the-creative-at-heart, Pinewood Forrest will go beyond traditional live-work-play plans to become Atlanta’s first Live-Create-Play community. Rising adjacent to Pinewood Atlanta Studios, Pinewood Forrest is designed to inspire and celebrate creativity, and to help people live their best lives.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1855 Hudson Bridge Road in Stockbridge, Georgia for $5,020,000

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Family Dollar located at 3211 Old McDuffie Road in Augusta, GA for $1,490,000. The newly constructed Family Dollar is located at the signalized intersection of Old McDuffie Road and Barton Chapel Road.

Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market commercial real estate developers and investors, today announced the recent closing of a $10.6 million bridge loan for the acquisition and renovation of a luxury apartment community in Atlanta. The interest-only loan features an 18-month term and will finance renovations at The Villas on Briarcliff, an 82-unit property located in the North Druid Hills neighborhood of Atlanta.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS property located at 4037 Glenwood Road in Decatur, Georgia for $3,600,000.

The City of Atlanta is offering a grace period for commercial building owners who missed the July deadline to submit energy and water benchmarking data. The grace period ends on September 21.

The ACBR Office Brief examines vacancy and absorption of 30 Atlanta Office Sub-Markets Atlanta, GA (July 6, 2015) – The Atlanta Commercial Board of REALTORS® (ACBR), the largest commercial REALTOR association in the country, released its Q2 2015 Office Brief on office market trend statistics for 30 Atlanta Office Sub Markets. Office Brief, is compiled by data from Xceligent, a leading provider of verified commercial real estate information.

Bruce Wilson, Charlie Brown, Jack Rooker, Larry Kelly, Sam Massell and Steve Selig were honored by the Atlanta Commercial Board of REALTORS® during an intimate luncheon for their video contributions to the ACBR 2015 Million Dollar Club awards