Toro Development Company (TDC) has a lot to do before it can get moving on an ambitious mixed-use project in the Johns Creek NE of Atlanta. Toro spent $44 million on 43 acres that currently feature a four-story building, a…
Atrium Health is installing equipment into its new hospital in Cornelius and expects to begin accepting patients summer of 2025. Atrium Health Lake Norman will include an intensive care unit, operating rooms, a full-time emergency department and maternity services, among…
The Atlanta Property Group (APG) sold a three-building office park near The Battery Atlanta for $14 million, after paying $22.3 million for the property in 2017. Woodside Capital Partners was the buyer of Shadowood at Powers Ferry Road. APG financed…
RPM Living Investments paid $85 million, or $212,500 per unit, for Aspire Lenox Park. The seller was Willow Bridge Property Co., the recently rebranded multifamily division under Dallas-based Lincoln Property Co. It acquired the community in 2014. Aspire Lenox Park has 400…
Equus Capital Partners acquired a nine-building portfolio near Charlotte and Greensboro for $124 million through a sponsored value-add fund called Equus Investment Partnership XII LP. The nine buildings add up to 1.4 million square feet of space. Commercial Edge reports…
City officials have tapped Boyle Investment Co. to redevelop Gallatin’s downtown square and create a new city hall. Gallatin, a town of 45,000, is a half-hour drive from Nashville. Plans for the proposed development, which will take over two city-owned…
One can often find extended-stay hotels near hospitals to accommodate visiting family members and staff. Choice Hotels International has opened an Everhome Suites in Newnan. The property is located near the City of Hope Cancer Center. The 115-room hotel is…
The electric vehicle start-up Rivian announced that it will delay construction on its Georgia plant and instead begin production on new models at its existing plant in Illinois. The company says it will save $2.5 billion by delaying the Georgia…
Southwest Value Partners and StreetLights Residential plan to open two multifamily side-by-side towers in November at Nashville Yards. Leasing will begin this summer. Named The Everett and The Emory, the 34- and 35-story towers will together offer more than 650 residences…
The fourth Drift Hotel has opened, the latest, in Nashville. TMC Hospitality opened the first Drift hotel in San Jose del Cabo in 2021, followed by Santa Barbara and Palm Springs. The 87-key hotel has spacious multi-room suites, a ground-level pool…
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