News
THE DEAL SHEET: HE'S BAAACK!
August 21, 2012
The prodigal son has returned—after 18 years , Rob Stuart is back at Cushman & Wakefield as managing director of marketing for the Mid-Atlantic and Southeast. | ||
Rob (with Cushman & Wakefield's Atlanta chief John O'Neill) was most recently with Transwestern and is perhaps one of the best known CRE marketing pros in the city, working at Carter, C&W, Equitable/Lend Lease, Insignia, and CBRE. Rob tells us the opportunity was to join a ?bigger, global firm.? Plus, he's working again with many names from his past jobs, ?so there's a sense of coming back home.? | ||
LEASES | ||
Law firm Winter Capriola Zenner renewed 10K SF at One Securities Centre. Cresa Atlanta principal David Rebenstein brokered the deal. Jones Lang LaSalle's Jeff Bellamy repped the landlord. | ||
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RG Real Estate's Ryan Goldstein brokered MxSYS?s 4,300 SF lease expansion at Crown Pointe. | ||
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Elof Hansson inked a 4,200 SF deal at Governors Lakes, with RG Real Estate's Aaron Karasik brokering. | ||
SALES | ||
Marcus & Millichap?s Tim Giambrone brokered the sale of a Chase Bank in Miami that set cap rate records for Chase Bank branches. The unidentified buyer from NY paid nearly $6M for the 4,200 SF property at a 4.9% cap. | ||
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Newburger-Andes & Partners purchased an 8K SF Family Dollar store in Rome for an undisclosed sum. | ||
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Bell Partners purchased Asbury Park, a 269-unit apartment building on South Fulton Avenue in Hapeville?s Aerotropolis Center for an undisclosed sum. Jones Lang LaSalle's Derrick Bloom and David Gutting brokered the sale for the seller Oxford Properties. | ||
PEOPLE | ||
Erin Smith has been promoted to associate in both business development and tenant rep work at Cassidy Turley in Atlanta. Previously a marketing assistant, Erin secured a partnership with SunTrust Banks for Cassidy Turley. | ||
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Gregg Shapiro joined HFF as a director in debt and equity placement. Gregg comes over from SRE Advisors. | ||
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Lee & Associates Atlanta president Dick Bryant has been elected to the brokerage firm's board of directors for a two-year stint and has been appointed to the expansion committee. | ||
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Studley?s Kelly Evans has been promoted to managing director;Ryan Rawls to director; and Sheena Stone to director of business development. | ||
EVENTS | ||
NAIOP taps Invest Atlanta's Brian McGowan as a keynote to find out how Atlanta distinguishes itself from the pack 8 a.m. Sept 19 at the Ritz-Carlton Buckhead. | ||
ACCOLADES | ||
Sending leftover food from its in-house restaurants to a compost plant is one of the initiatives that has earned Ten 10th Street LEED Silver for existing buildings. The 422k SF Midtown tower also now saves 1.73M kilowatt-hours/year and has a comprehensive water efficiency program. | ||