Atlanta
Invesco Acquires Revitalized San Francisco Waterfront Asset for $103M
Atlanta-based Invesco Real Estate acquired The Piers, an 82,158-square-foot mixed-use development from San Francisco-based Pacific Waterfront Partners LLC for $103… Read more
GLP Contracts with Hillwood on $1.1B Industrial Portfolio
Singapore-based logistics fund manager GLP has struck a deal with Dallas-based Hillwood Development Co. to purchase a $1.1-billion U.S. logistics… Read more
Kimco Realty Acquires JV Interest for $170M
Kimco Realty, headquartered in New Hyde Park, NY, acquired the remaining 85% interest in a four-property, joint-venture portfolio. The retail… Read more
IDI Gazeley Begins 144K-SF Spec in Ohio
Atlanta-based logistics builder IDI Gazeley is adding more to its 440-acre Park North at Monroe development. Specifically, the developer launched… Read more
Maryland Investor Pays $30M for Georgia Apartments
Federal Capital Partners, headquartered in Chevy Chase, MD, paid $29.5 million to acquire the River Trace Apartments in Roswell, GA.… Read more
Preferred Snaps Up 170K-SF Birmingham Office Building
Preferred Apartment Communities Inc. struck a deal with Dallas-based Cypress Equities to acquire a 169,500-square-foot, Class A office building within… Read more
MF Development in Birmingham Receives $21M Infusion
The under-construction Park 35 on Clairemont in Birmingham, AL received an investment of $21.1 million, courtesy of Preferred Apartment Communities… Read more
NY-Based BRT Spends $40M on 271-Unit Atlanta MF
BRT Realty Trust, headquartered in Great Neck, NY, bought the 271-unit Pointe at Lenox Park, a multifamily property at 1900… Read more
OliverMcMillan Collects $136M for Atlanta MF High-Rise
OliverMcMillan sold its 370-unit Residence Buckhead Atlanta to Simpson Housing LLLP for $136.5 million. The two-year-old asset is situated in the… Read more
Preferred Pays $158M for Hines REIT Grocery Portfolio
Preferred Apartment Communities, Inc. (PAC) struck a deal with Hines non-listed Real Estate Investment Trust to acquire seven grocery-anchored shopping… Read more
Dunkin’ Donuts to Expand in Atlanta
Dunkin’ Donuts is expanding in Atlanta, having recently signed a multi-unit store development agreement with three franchise groups to develop… Read more
Capstone Begins Work on $33M Atlanta TOD
Capstone Building Corp. has launched construction on apartment units on Atlanta’s east side. The $33 million, five-story project will offer 224… Read more
Condor Hospitality to Own 254-Room Aloft Atlanta Downtown
Condor Hospitality Trust Inc. has entered into a joint venture with Three Wall Capital to acquire the 254-room Aloft Atlanta.… Read more
Passco Pays $50M for Kentucky MF
Passco Cos. LLC paid $50.4 million to acquire The Veranda, a 236-unit multifamily property completed in 2015. The property, acquired… Read more
Inland Ports Growing in Strength, According to CBRE
Inland ports have become important in supply chains, noted CBRE’s “Inland Ports Logistics 2016 North America Annual Report.” As online… Read more
Manulife US REIT Lowers Interest Cost with $300M Refi
Singapore-based Manulife US Real Estate Investment Trust entered into separate loan agreements with Wells Fargo Bank, National Association and Royal… Read more
Delta Cuts Back on Flight Capacity to U.K.
The effects of Brexit have affected the global economy, but the airline industry has already largely felt its impact and… Read more
Columbia Property, SunCap Close on $48M Maryland Deal
Columbia Property Trust Inc. (CPT) has closed on the sale of 800 N. Frederick Ave. in Gaithersburg, Maryland. The office property… Read more
Apple Hospitality REIT Pays $24M for Atlanta Home2 Suites
Apple Hospitality REIT Inc. has acquired a 128-key Home2 Suites for $24.6 million. Seller Walton International LLC was also the… Read more