Franklin Street Properties Corp. REIT sold Pershing Park Plaza for $34 million, a loss of more than $11 million. In 2016, Franklin Street bought the 160,000-square-foot building for $45.5 million. 28th Street Ventures was the buyer. Will Yowell, Ryan Reethof,…
Rockefeller Group’s plans for the 60-story 1072 West Peachtree are evolving as the building is built. Rockefeller says the tower will rise more than 730 feet, making it Atlanta’s tallest residential building and its fifth tallest high-rise. Urbanize Atlanta reports…
Whitestone Companies acquired the 275-room Le Méridien Atlanta Perimeter in partnership with Shaner Hotels. Starwood Capital Group was the seller. The 12-story, 224,684-square-foot hotel is adjacent to Perimeter Mall and near the corporate offices of State Farm and Mercedes-Benz, as…
Trinity Partners, a full-service commercial real estate firm headquartered in Charlotte, North Carolina, is establishing operations in Atlanta with the acquisition of APG Real Estate Services, Atlanta Property Group’s (APG) leasing and management platform. The acquisition brings 46 industry professionals and…
With the recent closing of the WellStar Atlanta Medical Center, Grady Memorial Hospital believes it is time to jump into the breach. Besides its vaunted burn unit, Grady is left with the town’s only Level-1 trauma center. Grady Memorial Hospital…
Perhaps in any other time in the Atlanta office market, this would be a sign that the sky is falling: Atlanta office landlords are facing the most available space on the market in its history. But, optimism reigns supreme as…
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