Georgia
Phoenix Ranks 4th Among Data Center Markets
North American data center demand surged last year, driving a record amount of construction. Phoenix boasts some of the highest… Read more
Partners Pays $24.25M for Atlanta Hotel
Partners Capital bought the Courtyard by Marriott Atlanta Buckhead for $24.25 million. The 181-room hotel is off Peachtree Road in the central… Read more
Dallas Office Construction Up, Occupancy Rate Down
DFW’s office sector remained steady in 2024, with more than 2.9 million square feet under construction and 2.8 million square… Read more
Hilton Atlanta Auctioned Off for $191M
The Hilton Atlanta, an expansive convention hotel in Downtown, sold recently at a foreclosure auction. The Atlanta Business Chronicle reports Axonic Capital… Read more
Office Foot Traffic Slows in February 2025
Return-to-work mandates seem to be increasing, with many government and private sector workers directed to return to the office full-time.… Read more
Home Depot Pays $145M for Savannah Distribution Center
Home Depot has been renting a 1.4 million-square-foot distribution center in Savannah for 30 years. It has now bought the… Read more
Walker & Dunlop Arranges $176M Refi for Atlanta-Area BTR Communities
Walker & Dunlop arranged a $176 million credit facility for seven single-family rental communities in various neighborhoods within the Atlanta,… Read more
Plans for Former CNN HQ Revealed
Known as the CNN Center in downtown Atlanta for more than 30 years, the 1.2 million-square-foot landmark is undergoing a… Read more
Georgia Retail Sector Still Lagging
The proliferation of retail bankruptcies and liquidations has resulted in a major increase in available anchor space and a decline… Read more
Greystar Building Rental Community Near Planned Atlanta Movie Studio
Greystar intends to develop a new multifamily community on 6.35 acres in the Atlanta metro area, near the intersection of Parsons… Read more
F1 Arcade Debuts in Atlanta
Armada Hoffler announced that F1 Arcade, the world’s first Formula 1 hospitality brand, has signed a lease for over 15,000… Read more
RG Picks Up Distressed Kennesaw Office Asset
RG Real Estate acquired TownPark Commons for $42 million, a steep discount from an appraisal of the property four years… Read more
Will a “Trumpcession” Occur? Atlanta Fed Model Shows Negative GDP Growth, But Don’t Panic
The Atlanta Federal Reserve’s model predicts GDP could shrink by 2.8% in Q1 2025. Perhaps unsurprisingly, headlines pounced on the… Read more
CTO Pays Nearly $80M for Atlanta Metro Power Center
CTO Realty Growth has purchased Ashley Park, a 559,000-square-foot retail center in Newnan, Ga., for $79.8 million. The previous owner… Read more
Rise48 Adds to Charlotte Portfolio
Arizona-based Rise48 is finding success in Raleigh. Less than a year after entering the market, the company made its third… Read more
AVR Spins Off Two Atlanta Hotels
AVR Realty and investor partner Dimension Hospitality unloaded two Marriott-branded hotels near Truist Park for $66 million. The sale includes… Read more
JLL Advises on $467M Sale-Leaseback of SouthState Banks
JLL has arranged the $467 million sale and leaseback of 165 retail bank branches across six southeastern states, occupied by… Read more
Portman Makes Two Key Promotions
Atlanta-based Portman promoted Travis Garland to the newly created role of chief development officer. In this role, Garland will drive daily operations… Read more
Third & Urban Buys Atlanta-Area Flex Campus
Third & Urban acquired Northridge Commons, a seven-building, 470,000-square-foot flex industrial campus in Sandy Springs. The Dilweg Companies was the… Read more