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News - Be in the Know!
Below is a compilation of news feeds from commercial real estate news sites. All the information you need to start your day, updated though out the day. This page queries many news sources, so it may take a second to load completely.
 

 

 

Atlanta Business News - Local Atlanta News | Atlanta Business Chronicle
View Breaking Local News Headlines in Atlanta from the Atlanta Business Chronicle. Access business resources, company profiles, business advice columns, local jobs and more.

Aston Martin changes Atlanta dealerships
Aston Martin North America has opened a new dealership in Sandy Springs, Ga.
KBR wins $94M Piedmont Healthcare deal
Piedmont Healthcare Inc. will pay KBR Inc.?s building group $94 million for preconstruction and construction services for a replacement facility for Piedmont Newnan Hospital. (KBR)
Delta: February storms cost $30M
Delta Air Lines Inc. said severe storms in February led to the cancellation of 7,000 flights, or about 3.2 percent of its system capacity. (DAL)
Charges sink TRX to $44M loss for 2009
Goodwill impairment charges sent TRX Inc. into the red in 2009. (TRXI)
Metro Atlanta woman gets prison for Katrina fraud
McDonough, Ga., resident Markisha Burks was sentenced Tuesday to one year in federal prison for posing as a victim of Hurricane Katrina in order to defraud the federal government.
Aflac chair?s total comp up 26% to $13M
Aflac Inc. posted a bigger profit in 2009 and its top executive got a 26 percent bigger total compensation package. (AFL)
House OKs accounting change for DOT
The General Assembly is moving to change the Georgia Department of Transportation?s accounting system legislatively after Gov. Sonny Perdue criticized the DOT board for trying to accomplish the same goal administratively.
Consumer spending projected to slow
Consumers remain concerned about the economy and are likely to pull back spending over the next 30 days, according to the Consumer Reports Index.
Publix recalls seasoning mixes
Publix Super Markets Inc. issued a voluntary recall for four varieties of seasoning mixes manufactured with hydrolyzed vegetable protein supplied by Basic Food Flavors of Las Vegas.
Profits fall, but Kroger beats 4Q estimates
Kroger Co.'s fourth quarter 2009 profit slipped 27 percent, but the grocer still finished above Wall Street?s outlook for both quarterly sales and net income. (KR)

 


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Atlanta Commercial Real Estate News From CoStar Group
CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.

CoStar's Deals of Note for Tuesday
CHICAGO UBS Renews, Consolidates in Chicago By Andrew Deichler UBS is extending its stay at One North Wacker Drive in Chicago, also known as the UBS Tower. The Swiss financial services firm has renewed for 400,000 square feet in the office tower...
Woodgrain Distribution Signs for 160,440 SF
Woodgrain Distribution, a logistics company, signed a multi-year lease deal for the entire building at 6280 Best Friend Road in Norcross, GA. The one-story industrial distribution building totals 160,440 square feet in the Norcross-Southern Industrial...
In The Pipeline: CoStar Development and Construction News for March 7-13
In this week's edition of In The Pipeline, Forest City's Atlantic Yards mixed-use project is scheduled to finally break ground this week. Meanwhile, another long delayed development project, the Guasti Historic District in Ontario, CA,has begun with...
CoStar's Retail News Roundup: Mar. 7 - 13, 2010
This week in the Retail Roundup, CoStar reports on expansions or new concepts at TJX Companies and Kohl's; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Swoozie's and the Northgate Mall; acquisition, merger, loan, sale...
CBRE Names CFO; Turns Over Reins of Private Client Group
Gil Borok was promoted to chief financial officer of CB Richard Ellis Group Inc. He takes over from Bob Sulentic who will continue as CBRE?s president running day-to-day operations and principal business activities worldwide. Both will report to CEO Brett...
Centro Appoints VP of Leasing; VPs of Property Management
Centro Properties Group (ASX:CNP) hired Kelly Franzino as regional vice president of leasing for the south region. Based in Orlando, Franzino oversees the leasing for new development, power and neighborhood shopping centers in Florida. Prior to joining...
Grubb Adds Expert to National Data Center Practice
The Atlanta office of Grubb & Ellis Co. hired the founder and former president of KJ Baudry Inc., Ken Baudry, as senior vice president of its two-year-old national data center practice. He will represent both owners and users while directing the group...
Inland Acquires 16-Center Portfolio for $424M
Oakbrook, IL-based Inland Real Estate Acquisitions, Inc., the purchasing arm of The Inland Real Estate Group of Companies, Inc., completed the acquisition of a portfolio of 16 shopping centers totaling 3.5 million square feet. The REIT acquired the portfolio...
CoStar's People of Note (Feb. 28-March 6)
This week's People of Note includes the following markets: Atlanta, Boston, Chicago, Dallas/Fort Worth, Houston, Los Angeles, National, Northern New Jersey, Phoenix, St. Louis and Tampa/St. Petersburg. NATIONAL CBRE Names CFO; Turns Over Reins of...
GES, Bunzl Sign for 428,100 SF in West Atlanta
IDI, a full service industrial real estate firm, retained two large tenants along the western Interstate 20 industrial corridor in the Westfork Business Park. Global Experience Specialists Inc. renewed 199,905 square feet, while Bunzl Distribution...
KTR Buys Airport Distribution Center III From Principal
KTR Capital Partners, a New York based real estate private equity fund manager and operating company, acquired Airport Distribution Center III at 3781 Southside Industrial Court in Atlanta, GA. Principal Financial Services Inc. sold the property for...
43-Store Swoozie's Chain Files Bankruptcy
Atlanta-based Swoozie's Inc. filed bankruptcy on March 2, 2010. The luxury personalized gift and paper products retail chain operates 43 stores in 15 states and employs 350 people. According to the filing, the retailer has less than $10 million in assets...
Foreign Buyer Steps In To Acquire Greenbriar Mall
Hendon Properties LLC sold Greenbriar Mall in southwest Atlanta to a private foreign investor. Although the sale price was undisclosed, the full market value was $26.43 million, or approximately $33 per square foot, according to the Fulton County Tax...
Premier Plaza Earns LEED Gold Certification
Ackerman & Co. earned the U.S. Building Council's LEED Gold certification for its office building at 5607 Glenridge Drive in Atlanta, GA. The seven-story, 130,000-square-foot building was constructed in 1997 in the Central Perimeter submarket. It is...
Lane Co. Names New President
Atlanta-based Lane Co. tapped Cindy Pfeifer as president. George Lane, founder of the 36-year-old multifamily development firm, will continue to serve as CEO and chairman. Pfeifer has more than 25 years in the commercial real estate industry. She spent...

 


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WSJ.com: Commercial Real Estate
Commercial Real Estate

BofA Ends Overdraft Fees on Debit Buys
Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations.
Apollo Signs Citigroup Deal
Apollo's purchase of Citigroup's real-estate investment business would give Joseph Azrack a second tour of duty.
European REIT Rollout at Hand
With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.
General Growth Lines Up More Capital
Mall owner General Growth Properties has bolstered its case for exiting from bankruptcy protection as a stand-alone company.
General Growth Debt Bet Pays Off
A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.
Marriott Expands in Europe
Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.
Farkas Closes Deal to Buy Centerline
The New York real-estate investor will buy one of the nation's largest commercial-mortgage-servicing specialists for $100 million in new equity and assuming $180 million of Centerline's debt.
U.K. REIT Plans IPO
Metric Property Investments hopes to raise £150 million in an IPO on the London Stock Exchange's main market as it seeks to take advantage of the sharp downturn in property values.
Trust Not Enough for Integrity Bank
The FDIC is investigating loan practices at Georgia's Integrity Bank, which was seized in 2008 after loaning all its capital to the owner of Casa Madrona Hotel & Spa in California.
General Growth Wins Plan Extension
A federal judge hearing mall owner's bankruptcy reorganization grants it four more months of exclusive control over its fate, against the objection of some suitors and creditors.
Dubai World Coughs Up Knickerbocker
The former hotel near Times Square has become the latest Dubai World investment to go belly up, and investors are looking to pick up the property at a discount.
Multifamily-Home Builders Inch Back
Operators are betting that limited new supply, combined with an improving economy, will lead to ideal market conditions nationwide starting in 2011 or 2012.
Thai Firm Bets on Strong Market
Land & Houses plans projects that could fetch as much as $942 million this year, though it cautioned about the country's uncertain political climate.
Mall Owner: Antitrust Isn't Issue
Simon Properties' CEO says antitrust issues won't be a problem in its bid for rival mall owner General Growth Properties.
Europe Property Deals Start Strong
Despite the increase in commercial-property transactions this quarter, they remain well below the peak hit in 2007 as concerns persist about the economy.

 


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WSJ.com: Real Estate
Real Estate

Helmsley Estate Sells Manhattan Hotel
The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.
BofA Ends Overdraft Fees on Debit Buys
Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations.
Apollo Signs Citigroup Deal
Apollo's purchase of Citigroup's real-estate investment business would give Joseph Azrack a second tour of duty.
European REIT Rollout at Hand
With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.
General Growth Lines Up More Capital
Mall owner General Growth Properties has bolstered its case for exiting from bankruptcy protection as a stand-alone company.

 


 

atlanta retail - Google News
Google News

Barclays on the Hunt for a U.S. Retail Bank - Wall Street Journal

Reuters

Barclays on the Hunt for a U.S. Retail Bank
Wall Street Journal
Among the large regional lenders that analysts have said could be targets for large US or overseas banks are SunTrust Banks Inc., an Atlanta-based lender ...
BARCLAYS ON HUNT TO BUY US BANKSCITY A.M.
SunTrust? Comerica? Fifth Third? What US Bank Should Barclays Buy?Wall Street Journal (blog)
Barclays (BCS) On The Prowl For US Retail Banking AssetsStreetInsider.com (subscription) (blog)

all 68 news articles »

Developer Rick Caruso goes after airport retail business - Los Angeles Times ...

MoodieReport

Developer Rick Caruso goes after airport retail business
Los Angeles Times (blog)
... director of concessions at Hartsfield-Jackson Atlanta International Airport, where he oversaw development and leasing of the airport's retail spaces. ...
Caruso Affiliated Announces Hiring of John Cugasi to Lead New Airport Retail ...Earthtimes (press release)

all 15 news articles »

NBDA Hosts Profitability Project - Bicycle Retailer

NBDA Hosts Profitability Project
Bicycle Retailer
COSTA MESA, CA (BRAIN)?Space is still available for retailers interested in attending the NBDA's March 15-16 Profitability Project in Atlanta, Georgia. ...


Republican candidates for governor spar in midstate - Macon Telegraph

Macon Telegraph

Republican candidates for governor spar in midstate
Macon Telegraph
Deal touted his support for a ?fair tax? ? a flat tax rate based on retail spending. Ray McBerry, a small business owner from Henry County and ...

and more »

Retail Receivership Opportunities Slow to Materialize - Retail Traffic

Retail Receivership Opportunities Slow to Materialize
Retail Traffic
That's starting to thaw a bit, however, says Greg Maloney, CEO and president with Jones Lang LaSalle Retail, an Atlanta-based third-party property manager. ...


American Manganese Inc. Appoints Atlanta Capital Partners, LLC for Investor ....

American Manganese Inc. Appoints Atlanta Capital Partners, LLC for Investor ...
CNNMoney.com (press release)
Drawing on its carefully built relationships with Retail Brokerage Firms, Investment Bankers, Analysts, Fund Managers, and Independent Investors, Atlanta ...

and more »

Asbury Automotive Group to Present at Upcoming Bank of America Merrill Lynch ...

Asbury Automotive Group to Present at Upcoming Bank of America Merrill Lynch ...
MarketWatch (press release)
Asbury Automotive Group, Inc. ("Asbury"), headquartered in Duluth, Georgia, a suburb of Atlanta, is one of the largest automotive retailers in the US Built ...

and more »

Echo Global Logistics Announces Opening of New Office in Atlanta, Georgia - M...

Echo Global Logistics Announces Opening of New Office in Atlanta, Georgia
MarketWatch (press release)
The Atlanta office will perform sales functions similar to the Chicago, Illinois headquarters and Detroit, Michigan locations. This new office will give ...

and more »

Rackspace Chops Hosted Exchange Prices For VARs - ChannelWeb

Rackspace Chops Hosted Exchange Prices For VARs
ChannelWeb
... a 20 percent discount over the previous $10 pricing and a 36 percent discount off of Rackspace's retail rate of $12.50 for Exchange plus Outlook. ...

and more »

Atlanta based human performance expert presents strategies to overcome ... - ...

Atlanta based human performance expert presents strategies to overcome ...
VEE 2
Uprooting Anger: Eliminating the Emotion that Kills is available for sale online at Amazon.com, BookSurge.com and through additional wholesale and retail ...



 


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atlanta industrial real estate - Google News
Google News

DCT Industrial Trust(R) Leases 160440 Square Feet of Distribution Space in At...

DCT Industrial Trust(R) Leases 160440 Square Feet of Distribution Space in Atlanta
PR Newswire (press release)
DENVER, March 8 /PRNewswire-FirstCall/ -- DCT Industrial Trust® (NYSE: DCT), a leading industrial real estate owner, operator and developer, today announced ...
DCT Industrial Trust Leases Distribution Space in AtlantaTransWorldNews (press release)

all 12 news articles »

Top student moves to regional competition - Gainesville Times

Top student moves to regional competition
Gainesville Times
Shutters, who has worked in real estate, said she went back to college to ?learn what the young people know.? ?I want to walk into any business with a ...

and more »

Avison Young appoints prominent real estate executive Stephen Leopold to ... ...

Avison Young appoints prominent real estate executive Stephen Leopold to ...
PR Newswire (press release)
MONTREAL, March 9 /PRNewswire/ - Mark Rose, Chair and CEO of Avison Young, announced today the appointment of prominent Canadian and New York real estate ...

and more »

Post recession, a new era of consumer caution - Christian Science Monitor

Christian Science Monitor

Post recession, a new era of consumer caution
Christian Science Monitor
A real estate agent checked a foreclosed home for occupants in Merced, Calif. By G. Jeffrey MacDonald Correspondent / March 8, 2010 As a credit counselor, ...


Parsing the Fed's Beige Book - Forbes (blog)

Parsing the Fed's Beige Book
Forbes (blog)
Residential real estate markets improved in a number of Districts, remained weak or softened further in the New York, Atlanta, and Chicago Districts, ...
Highlights from the Fed's latest economic surveyThe Associated Press
Fed: Economy growing slowly, but snowstorms hurt some areasFort Worth Star Telegram
Bad weather hurt recovery effortsWorcester Telegram

all 849 news articles »

Worst may be over for commercial real estate - Atlanta Journal Constitution

Worst may be over for commercial real estate
Atlanta Journal Constitution
Despite a dismal year for commercial real estate in 2009, an uptick in sales in the fourth quarter suggests metro Atlanta could be headed ...

and more »

Signs of Hope Seen in Investment Sales Activity - CoStar Group

Signs of Hope Seen in Investment Sales Activity
CoStar Group
"2011-'12 will be an active years for the industrial, office and retail food groups." Of the three primary commercial real estate property sectors, ...

and more »

Servidyne Expects Higher 3rd Quarter Backlog - MarketWatch (press release)

Servidyne Expects Higher 3rd Quarter Backlog
MarketWatch (press release)
ATLANTA, Mar 04, 2010 (BUSINESS WIRE) -- SERVIDYNE, INC. (NASDAQ:SERV) , an energy efficiency, demand response and real estate company, announced today that ...
Servidyne Expects Higher 3rd Quarter BacklogEarthtimes (press release)

all 16 news articles »

Biz buzz for March 8 - Duluth News Tribune

Biz buzz for March 8
Duluth News Tribune
Rich, a native of Duluth, has more than seven years of mortgage and real estate experience in the Northland. She offers competitive mortgage programs to ...

and more »

Idaho Millwork Maker Leases 160440 SF in Atlanta - Real Estate Channel

Idaho Millwork Maker Leases 160440 SF in Atlanta
Real Estate Channel
The lease is the largest this year in Atlanta's industrial market. The facility, located at 6280 Best Friend Road, will serve as the regional distribution ...



 


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atlanta office market - Google News
Google News

In Atlanta's Buckhead, Vacant Office Towers Set Off Battle for Tenants - Wall...

In Atlanta's Buckhead, Vacant Office Towers Set Off Battle for Tenants
Wall Street Journal
But Atlanta's office market tanked and Phipps Tower had little choice if it wanted to lure Speakeasy. "If Phipps Tower didn't do the deal then somebody else ...

and more »

John Holmes Joins UHY Advisors As Audit Manager - PRLog.Org (press release)

John Holmes Joins UHY Advisors As Audit Manager
PRLog.Org (press release)
ATLANTA, March 9, 2010? UHY Advisors GA Inc. today announced the appointment of John Holmes as Audit Manager in the Atlanta office. ...

and more »

Commercial brokers rethink strategy - Atlanta Journal Constitution

Commercial brokers rethink strategy
Atlanta Journal Constitution
... Paul B. Zeman, and Rob Whitmoire in their Atlanta office . Many left the field, just as residential real estate agents did when that market crumbled. ...

and more »

59 percent decline for Campanile tower - Bizjournals.com (blog)

Bizjournals.com (blog)

59 percent decline for Campanile tower
Bizjournals.com (blog)
Campanile was a finalist to house the Atlanta office of accounting and consulting firm KPMG LLP, according to sources familiar with the negotiations. ...

and more »

People and Accounts of Note - New York Times

People and Accounts of Note
New York Times
He had most recently been senior vice president for client services at the Atlanta office of LBi International. The ARSGroup, Evansville, Ind., ...

and more »

Synovus, owner of Coastal Bank and Trust, says securities regulator launched ...

Synovus, owner of Coastal Bank and Trust, says securities regulator launched ...
Press-Register - al.com (blog)
... said in a regulatory filing Monday that the Securities and Exchange Commission's Atlanta office is conducting an informal inquiry "to determine whether ...
Banking firm Synovus facing informal inquiry from the SECColumbus Ledger-Enquirer

all 64 news articles »

Changes in Asset Branding Reflect Office Market Moves - GlobeSt.com

Changes in Asset Branding Reflect Office Market Moves
GlobeSt.com
Brokers point out that even though two million square feet of space is opening in the Miami office market this year, no more construction is expected for a ...


Philips will move from Perimeter to Alpharetta - Atlanta Journal Constitution

Philips will move from Perimeter to Alpharetta
Atlanta Journal Constitution
It hit 21 percent in the fourth quarter, according to Colliers Spectrum Cauble in Atlanta. Macy's and Verizon, for example, quit the Perimeter office market ...

and more »

Fisher & Phillips moving from Buckhead to Midtown - Daily Report (registration)

Fisher & Phillips moving from Buckhead to Midtown
Daily Report (registration)
Patton is the sixth partner to join the Atlanta office, which Lewis Brisbois launched at the beginning of 2009. The office began with four partners and now ...

and more »

Insolvent insurer is focus of state inquiry - Atlanta Journal Constitution

Insolvent insurer is focus of state inquiry
Atlanta Journal Constitution
It is looking for buyers for the plantation and the company's Atlanta office building. The proceeds will help pay outstanding claims. ...

and more »


 


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atlanta development - Google News
Google News

Wipro Receives 2010 Global Impact Award from Metro Atlanta Chamber of Commerc...

Wipro Receives 2010 Global Impact Award from Metro Atlanta Chamber of Commerce
MarketWatch (press release)
In line with its globalization strategy, Wipro opened the Atlanta Development Center (ADC) in 2008, to centralize its US delivery operations. ...

and more »

Football hall price tag jumps as state mulls participation - Atlanta Journal ...

Football hall price tag jumps as state mulls participation
Atlanta Journal Constitution
... from the Chick-fil-A Bowl, $5 million from the Chick-fil-A Corp., and about $11 million in grants and credits from the Atlanta Development Authority. ...

and more »

Town hall scheduled for southwest Atlanta Tuesday - Atlanta Journal Constitution

Town hall scheduled for southwest Atlanta Tuesday
Atlanta Journal Constitution
... workforce development, , the mayor's office of constituent services, the Atlanta Development Authority and the Atlanta Commission on Aging. ...


Inner-city ministry builds a place to heal - Atlanta Journal Constitution

Inner-city ministry builds a place to heal
Atlanta Journal Constitution
With a total of $2.2 million from the Atlanta Development Authority, the church built the 132-bed Eden Village 1, transitional housing for homeless women ...


Fulton responds to property owners being "overtaxed" - WABE

Fulton responds to property owners being "overtaxed"
WABE
That's the general statement made in a report the Atlanta Development Neighborhood Partnership, Inc. ANDP acknowledged some counties like Fulton have ...


Novelis to Expand Presence in Atlanta - PR Newswire (press release)

Novelis to Expand Presence in Atlanta
PR Newswire (press release)
"We're excited about expanding our presence in Atlanta," added Martens, "and I want to thank the Atlanta Development Authority and the Atlanta Chamber of ...
World's Leading Rolled Aluminum Manufacturer Moves North American Headquarters ...Duluth Weekly
Novelis bringing North American HQ to AtlantaMSN Money

all 18 news articles »

Perdue playing with budget proposals - Covington News

Bleacher Report

Perdue playing with budget proposals
Covington News
You want to talk economic development? According to a study by the Atlanta Regional Council for Higher Education (ARCHE), Georgia college graduates average ...
Education cuts threaten Georgia's futureMacon Telegraph
Budget song is an unhappy tune as Georgia legislature reconvenesSouthern Political Report

all 65 news articles »

Presentation by Lowell Parsons, MD Now on Urigen.com - MarketWatch (press rel...

Presentation by Lowell Parsons, MD Now on Urigen.com
MarketWatch (press release)
Lowell Parsons in Atlanta on February 25th, 2010 is now available at www.urigen.com. C. Lowell Parsons, MD, a director of Urigen, is a leader in medical ...

and more »

Barcelona bio firm picks Atlanta - Atlanta Business Chronicle (blog)

Atlanta Business Chronicle (blog)

Barcelona bio firm picks Atlanta
Atlanta Business Chronicle (blog)
... Sepmag to the City of Atlanta's growing life science cluster,? said Gregg Simon, manager of business engagement for the Atlanta Development Authority. ...
Spanish Biotech Firm Comes to AtlantaGlobalAtlanta

all 3 news articles »

Ben Roethlisberger Update: DNA Request from Police in Assault Investigation -...

Reuters

Ben Roethlisberger Update: DNA Request from Police in Assault Investigation
CBS News
NEW YORK (CBS) Ben Roethlisberger's attorneys deny that he attacked a 20-year-old college student in a nightclub south of Atlanta March 5, but Milledgeville ...
Steelers quarterback Roethlisberger accused of sexual assaultWashington Post
NFL: Lawyer for Roethlisberger disputes sexual-assault claimRichmond Times Dispatch

all 2,033 news articles »


 


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GlobeSt. Topics - Southeast

Retail Property Manager Expands to Office Sector
TAMPA, FL-RMC Property Group takes on four buildings totaling 360,000 square feet throughout Florida.
Maersk Leases Warehouse Near Port Entrance
SAVANNAH, GA-The shipping giant will occupy 195,000 square feet, further expanding local trade capabilities.
IDI Signs Two Large Renewals at Westfork
ATLANTA-The leases, totaling 428,000 square feet, provide stability within the I-20 West submarket.
Downtown Office Tower Upgrades Getting Started
FORT LAUDERDALE, FL-The owners of Wachovia Tower plan $4.5 million worth of improvements.
Equity One Doubles 2009 FFO, Earnings
MIAMI-The shopping center owner credits acquisitions and an increased stake in a Dutch company.
Meridian Corporate Center Sells for $42M
CHARLOTTE-The troubled 12-building office park trades for only a fraction of its value.
German Investor Pays $52M for Lincoln Plaza
ORLANDO-The acquisition by Munich-based GLL Real Estate is its second US deal in recent months.
Healthcare Trust Acquires MOBs for $20M
ATLANTA-The two buildings, totaling at least 80,000 square feet, are near South Fulton Medical Center.
Six Area Shopping Centers Part of $424M Deal
ATLANTA-Inland Real Estate buys 16 properties totaling 3.6 million square feet around the Southeast.
Chinese Drywall Trouble Could Extend to CRE
Allison Grant: Other types of commercial properties may contain the tainted material, putting both owners and tenants at risk.
Pfeifer Named Lane Co. President
ATLANTA-The 25-year real estate veteran was previously a consultant to the multifamily investor.
Citibank Trades Spaces at 396 Alhambra
CORAL GABLES, FL-The initial lease will allow the existing branch to be cleared for the 15-story tower.
Chico's Growth Plans Focus on Other Brands
FORT MYERS, FL-The retailer will shift expansion this year to White House/Black Market and Soma Intimate.
Fresh Market Builds South Beach Store
MIAMI-The 28,000-square-foot neighborhood store will feature two levels of parking overhead.
Sawgrass Marriott Files Chapter 11
JACKSONVILLE, FL-The bankruptcy protection filing follows closely after the resort hosted Tiger Woods' apology.

 


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GlobeSt. Topics - Atlanta

Maersk Leases Warehouse Near Port Entrance
SAVANNAH, GA-The shipping giant will occupy 195,000 square feet, further expanding local trade capabilities.
IDI Signs Two Large Renewals at Westfork
ATLANTA-The leases, totaling 428,000 square feet, provide stability within the I-20 West submarket.
Healthcare Trust Acquires MOBs for $20M
ATLANTA-The two buildings, totaling at least 80,000 square feet, are near South Fulton Medical Center.
Six Area Shopping Centers Part of $424M Deal
ATLANTA-Inland Real Estate buys 16 properties totaling 3.6 million square feet around the Southeast.
Pfeifer Named Lane Co. President
ATLANTA-The 25-year real estate veteran was previously a consultant to the multifamily investor.
KTR Capital Makes First Local Purchase
ATLANTA-The 407,000-square-foot acquisition adds to the firm's growing Southeastern portfolio.
Grubb & Ellis Makes Leadership Moves
ATLANTA-Brett Hunsaker is promoted to managing director as the local office gets two key additions.
CoreNet Global Appoints New CEO
ATLANTA-Angela Cain rejoins the commercial real estate group after a five-month executive search.
Greenbriar Mall's New Owner Kept Secret
ATLANTA-The sale of the city's first enclosed retail center involves distress and foreign investment.
Home Depot Posts Higher Annual Earnings
ATLANTA-The 17% gain comes despite lower sales and was helped by distribution retooling.
Resort Owner Seeks Help for Possible Sale
SEA ISLAND, GA-Goldman Sachs has been hired to review strategic alternatives after missing a $35-million January loan payment.
Colliers Closes $15M Loan on Industrial Portfolio
ATLANTA-A life insurer finances three distribution buildings in Georgia and Texas.
Windward Concourse Buildings Sell for $17.6M
ATLANTA-Allegiance Realty buys the twin four-story office buildings in an off-market transaction.
REITs Show Different Results for 2009
ATLANTA-Cousins posts 18% higher earnings for the year, while Post loses less than in 2008.
Credit Could Block Alston Building Plans
ATLANTA-The law firm taps Daniel as its developer, but financing already creates difficulty.

 


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