AVR Realty and investor partner Dimension Hospitality unloaded two Marriott-branded hotels near Truist Park for $66 million. The sale includes the 400-room Atlanta Marriott Northwest at Galleria and the adjacent 147-room SpringHill Suites Atlanta Northwest. The two hotels are less…
Blue Heron Asset Management sold The Linden Apartments to Continental Realty (CRC) for $49.5 million. Blue Heron paid $28.5 million for the property in 2018. The apartment complex at 605 Jetton St. is just off Exit 30 of Interstate 77,…
Asana Partners sold the Plaza on Ponce and Morningside Village shopping centers in separate transactions for a combined price of $67.5 million. Atlanta-based 26th Street Partners was the buyer. The Atlanta Business Chronicle reported that the Majestic Diner and Plaza…
JLL Capital Markets arranged the $63.5 million sale of Cobb Place, a 335,190-square-foot shopping center in Kennesaw, Georgia. JLL represented the seller, Wicker Park Capital Management. The buyer was Shaked Acquisitions. Cobb Place, located at 840 Ernest W. Barrett Pkwy….
Healthcare Realty Trust sold two Durham area medical office buildings for a combined $20 million. AW Property acquired both properties: the Duke Health Center for $15.2 million and the UNC Family Medicine Center for $5 million. Healthcare Realty Trust acquired…
PGIM Real Estate sold 100 North Tampa, a 572,111-square-foot property. Commercial Edge reports the asset last traded in June 2007, when PGIM Real Estate acquired it from AIG Global Real Estate for $151.9 million. The tower was completed in 1992…
Starwood Capital Group sold the Turtle Cove apartments just outside West Palm Beach to Brookfield Properties for $107.5 million. Starwood sold the 444 apartments at 825 Cotton Bay Drive East for $242,072 per unit. The apartment community last traded for…
Retail center giant Edens has sold off a Publix-anchored retail center in Atlanta. InvenTrust Properties Corp. paid $28 million for Moores Mill Center, a 6-acre property that includes a 45,000-square-foot Publix and about 15,000 square feet of retail space. It…
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