Atlanta
New City to Open 196-Bed FORTH Atlanta Hotel
New City Properties and Method Co. will open FORTH Atlanta, a $150-million, 16-floor development that will include a 196-room luxury boutique hotel with… Read more
Submit Your Nominations for Connect CRE’s 2024 Top Mortgage Brokers & Lenders
2023 brought an increasingly challenging year for commercial real estate professionals on the lending side, as interest rates continued to… Read more
Time Equities Buys SHSU Private Dorm
Time Equities Inc. has acquired The Armory, a student housing property near Sam Houston State University (SHSU) in Huntsville, TX.… Read more
Investor Duo Secures $54M Refi for Buckhead Hotel
A joint venture between Songy Highroads and the Hyatt Corporation has obtained a $54 million loan from Deutsche Bank for… Read more
Northlake Mall’s Macy’s Up for Sale
One of Macy’s 150 underperforming stores is on the block in Atlanta. SRS Real Estate Partners has listed the Macy’s… Read more
KBRA: Nearly a Third of Office CMBS is Distressed
The volume of distressed office in conduit and single-asset, single-borrower CMBS increased to a combined $52.2 billion in March, nearly… Read more
Two Brookhaven Developers Converting Office Sites to Apartments
The landlord of a six-story office building near Perimeter Mall has sought approval to convert the space into 207 residential… Read more
Hillwood Obtains $41M Loan for 900K-SF Mississippi Industrial Portfolio
Hillwood Investment Properties has acquired a three-building, 900,000-square-foot industrial portfolio in Mississippi. The three warehouses within the portfolio range from… Read more
Atlanta, State Lamenting Data Center Growth
Georgia state lawmakers are trying to put the brakes on the proliferation of data centers spreading throughout the state, especially… Read more
Pacific Urban Picks 412-Unit Perimeter Project
Pacific Urban Investors has bought the 412-unit Mount Vernon Flats at the Perimeter in Atlanta for $102.5 million. The complex… Read more
Floor & Decor Leases 129K SF to Open First NYC Location
Madison Capital and Salmar Properties have secured a new tenant to fill the space vacated by Bed Bath & Beyond… Read more
rue21 Closing 39 Georgia Locations
Teen clothing retailer rue21 has once again filed for bankruptcy and will now close all stores. The store, which touts selling “the trendiest… Read more
Northmarq Brokers Sale of Former Men’s Wearhouse Offices
Chase Dominguez of Northmarq’s Atlanta commercial investment sales team completed the $23.4-million sale of a three-building office property in Stevenson Business Park in Fremont.… Read more
Jamestown Adds to Ponce City Market Project
Jamestown has delivered 619 Ponce, a 115,000-square-foot Class A office building in Atlanta’s Old Fourth Ward. The development is part… Read more
Solar Energy Supplier Building $193M Adairsville Plant
Solar component maker Sunmax Tech is building a 300,000-square-foot manufacturing plant in Adairsville, about an hour NW of Atlanta. The… Read more
Trammell Crow, Ga. Tech Finish Life Science Building, Apartments
Trammell Crow Company and a Georgia Tech development affiliate have completed construction on the first phase of Science Square, a… Read more
222-Unit Atlanta-Area BTR Project Delivering Units
Canvas Residential is starting to release units for its 222-unit build-to-rent community in the Atlanta metro area. Center Park Group,… Read more
Edens Spins Off Atlanta Publix-Anchored Center
Retail center giant Edens has sold off a Publix-anchored retail center in Atlanta. InvenTrust Properties Corp. paid $28 million for… Read more
Allen Morris Eyeing Westside Trail for Mixed-Use Site
The Allen Morris Company is planning to build a mixed-use project that would replace industrial properties in the area of… Read more