News
THE DEAL SHEET
October 4, 2011
| LEASES | |
| Atlanta Oriental Wholesale Food Co just inked a 70k SF renewal for five years at 3029 Bankers Industrial Dr. It was repped by Oliaro Commercial's Matt Oliaro; Selig Enterprises' Kent Walker brokered for the landlord. | |
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| Sources tell us AutoTrader has taken over the 10th and 11th floorsoriginally operated by Reznick Group at 2002 Perimeter Summit. Reznick Group, of course, just moved over the weekend to Two Alliance Center in Buckhead. | |
| SALES | |
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| Marcus & Millichap's Craig Johnson brokered the sale of a 352k SFDouglasville area Walmart Supercenter and Sam's Club to a private REIT for $32.8M, or $93/SF. | |
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Cassidy Turley's Mark Joines and Drew Fleming brokered the sale of Hoover Place, a 54k SF Publix-anchored shopping center in Alabama to a family trust for an undisclosed sum. *** | |
| Greater Atlanta Christian School just purchased 1500 Indian Train Rd, a 51,200 SF office building on 4.5 acres in Norcross from Linde Gas for $2.8M. Oliaro Commercial's Matt Oliaro brokered the deal for the seller while Wildmor Realty's Shan Morris brokered for the buyer. | |
| MANAGEMENT | |
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| Cassidy Turley's Jack Arnold and Rob Adamson have been tapped to lease the retail portion of The Lofts of Kennesaw, an off-campus student housing project near Kennesaw State University. The project includes 20k SF of retail space and 217 units of student apartments. Now under construction, it will be completed in 2012. Jack and Rob already secured 8,000 SF in leases with McCray?s Tavern and Blue Moon Pizza. | |
| PEOPLE | |
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| Barry Real Estate Cos veterans Andy Sumlin and Caroline Nolen(above) have joined Cushman & Wakefield. Working with C&W's Lisa Dunavin, Andy and Caroline will continue to handle the leasing at Rubenstein's Central Perimeter portfolio, including The Terraces and Sterling Pointe. | |
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| Industry vet Jim Bob Taylor has joined CresaPartners from CB Richard Ellis' industrial services group. | |
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| Bill Kee has jumped over to Jones Lang LaSalle's industrialbrokerage group from CBRE, where he was SVP and director of industrial agency leasing. | |
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| Here's Reznick Group's biz dev manager Kristy LaRose consulting with new hires at its new Buckhead offices, Joanne Elgart in business development and Ellen Mendelsohn with CRE consulting. Joanne most recently worked with Weissman, Nowack, Curry & Wilco and Ellen came from Central Atlanta Progress as VP of economic development. | |
| EVENTS | |
| Perkins+Will's Paula Vaughan will be on hand Oct. 19 at the Cherokee Town Club at IFMA Atlanta's luncheon to review how it transformed 1315 Peachtree St into a LEED Platinum office building. | |
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| Race registration is ending Oct. 10 for the Morningside Mile on Oct. 16. The race starts at Virginia Highland and ends at Doc Chey's Morningside Village shopping center on North Highland Avene for ablock party. Proceeds will benefit the preservation of Atlanta Fire Station 19. More information can be found here. | |
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| Wanna drive away in a brand new Mercedes-Benz GLK350? The Georgia Center for Child Advocacy is holding a raffle at its Cheer for Children Ball on Nov 11. The $25 ticket can be purchased here. | |
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| Carter's Scott Taylor, Ackerman & Co's Kris Miller and Meadow & Ohly's Van Fletcher will be on hand to detail the ?emerging paradigm? in healthcare real estate at NAIOP's developing leaders luncheon 11:30am tomorrow at the Capital City Club in Brookhaven. | |
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| Bisnow's own Jarred Schenke will be a participant on a social media panel at this Friday's 2011 Global Diversity Summit in Commercial Real Estate along with CoStar's Richard Simonelli, Talent Builders' Barbara Giamanco, inMotion Real Estate Institute'sJuanita McDowell, and GlobeSt.com's Carl Gaines. Sign up here. |
