Georgia
Manulife Teams with Foundry Commercial for Industrial Outdoor Storage Venture
Manulife Investment Management has launched a strategic partnership with Foundry Commercial to acquire, develop and lease industrial outdoor storage (IOS)… Read more
Buckhead Office Project Unloaded at a Loss
The Ameris Center, home of Ameris Bancorp, sold for $81 million, a 10% decrease from its purchase price nine years… Read more
HSA Commercial Signs 234K-SF Lease Near Indianapolis Airport
Chicago-based HSA Commercial Real Estate has executed a full-building lease with Marathon Electric LLC at its new Terminus at Hobbs… Read more
North DeKalb Mall Conversion Underway
Construction crews began tearing down North DeKalb Mall as retail developer Edens prepares to transform the 73-acre property into a… Read more
Fulton County Agency Okays Microsoft Data Center Incentives
The Development Authority of Fulton County voted to approve $75 million in tax savings over a 10-year period for a Microsoft data… Read more
KKR Makes Massive $2.1 Billion Bet on U.S. Apartment Market
Investment firm KKR has made its largest foray into multifamily to date, acquiring more than 5,200 apartments from Quarterra Multifamily,… Read more
VW Enters $5B Joint Venture with Rivian for “Next Generation” Electric Vehicles
Volkswagen Group will invest up to $5 billion in Irvine-based electric-vehicle manufacturer Rivian under a new joint venture, the two companies announced.… Read more
Constellation Inks $27M Construction Loan for Charlotte Warehouse
Constellation Real Estate Partners has obtained a $27 million construction loan to build a 374,000-square-foot speculative warehouse in Charlotte. Located… Read more
Hunter Brokers 3 GA Hotel Sales
Hunter Hotel Advisors arranged the sale of three metro Atlanta hotels on behalf of Ashford Hospitality Trust. Baywood Hotels acquired the Hampton… Read more
Atlanta Agency Eyeing Gutted Hotel for Sr. Housing
A one-time Ramada-run hotel will likely be turned into senior housing in Atlanta’s Summerhill neighborhood. The former Ramada Plaza hotel,… Read more
Scion, Brookfield Acquire GSU Student Housing
A joint venture between The Scion Group and Brookfield Asset Management has acquired Reflection, a 741-bed, 247-unit student housing community… Read more
CleanSpark Adds 5 Georgia Bitcoin Mining Facilities
CleanSpark acquired five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million. The definitive agreements include the… Read more
Chick-fil-A Opens Selma Distribution Center
Atlanta-based Chick-fil-A Inc. opened an 189,000-square-foot distribution center in Selma. The company’s strategy with the new warehouse is to improve… Read more
Development Team Picked for Home Depot Backyard Project
A development team has been chosen for a project that would build an entertainment destination next to Mercedes-Benz Stadium. The… Read more
Choice Gateway Building 137-Acre Lake Oconee Mixed-Use Project
Construction on Airabella Lake Oconee, a 137-acre mixed-use project east of Atlanta, is set to begin this summer. Choice Gateway… Read more
Atlanta’s Le Meridien Changes Hands
Whitestone Companies acquired the 275-room Le Méridien Atlanta Perimeter in partnership with Shaner Hotels. Starwood Capital Group was the seller.… Read more
Big V Expands Georgia Retail Center Footprint
SITE Centers has spun off the Johns Creek Town Center, a 303,297-square-foot retail center in Suwanee. Big V Property Group… Read more
Novare, Batson-Cook Teaming Up on 106-Unit Georgia BTR Project
By now the duo of Novare Group and Batson-Cook should be pretty familiar with each other. A build-to-rent housing development… Read more