The Deal Sheet
LEASES
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TowerPoint Capital is moving its HQ to Six Concourse Parkway in an 8,000 SF lease. Cassidy Turley's Preston Menning brokered the deal for the tenant, while Regent Partners' Adam Allman brokered for the landlord.
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Diversified Labeling Solutions has inked a 63,300 SF deal at Sugarloaf Distribution Center in Duluth, expanding by 40k SF. Colliers International's Lee Cardwell brokered for the tenant while CBRE's Todd Barton and Greg Haynes brokered for the landlord, a division of the State Teachers Retirement System of Ohio.
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Architecture firm Lord, Aeck & Sargent have inked a 30k SF lease for the top two floors of 100 Colony Square in Midtown. Cassidy Turley's Dale Lewis and Stuart Alston brokered for the tenant while Tishman Speyer's Chris Ahrenkiel brokered for the landlord.
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Performance Food Gorup has inked a 10-year, 168,200 SF lease at Newpoint Commons off I-85 in Gwinnett. CBRE's Trey Barry brokered the deal for landlord New York Life Real Estate Investors.
DEVELOPMENT
SALES
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Supertel Hospitality has placed a slew of Savannah Suites in Georgia up for sale, according to filings with the SEC. The hotel owner placed Savannah Suites in Atlanta, Augusta, Chamblee, Jonesboro, Savannah, and Stone Mountain on the market, along with a portfolio of other hotels across the country, including Days Inn in Virginia.
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Atlantic Pacific Cos has purchased Mornginside Courts, a 172-unit apartment complex in Atlanta, and Sloan Square, a 197-unit complex off Lavista Road near Emory University, for an undisclosed sum.
MANAGEMENT
PEOPLE
CREW Atlanta installed Eastwood Real Estate Services' Christine Gorham as this year's president. She will lead a new board of directors who include: Parking Co of America's Susana Chavez as president elect; Atlanta Development Authority's Cheryl Strickland as past president; Holder Properties' Chris Smith as secretary/treasurer; Coca-Cola Refreshments' Marissa Share; Georgia Power Co's Kristy Rachal; Franklin Street Real Estate Services' Monetha Cobb; and Constructive Ingenuity's Sara Silvio.
EVENTS
Find out who will win this year's ULI Atlanta Awards for Excellence this Thursday at 5:30pm at the Cobb Energy Performing Arts Centre.
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The Circle of Trust Atlanta is readying its Fall Fling Sept. 26, starting at 5:30pm. at the Millennium Gate at Atlantic Station.
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The Buckhead Coalition's Sam Massell and Healey Weatherholtz Properties' Eric Weatherholtz are on hand to chat retail in Buckhead for ICSC's The Next Generation program 5:30 pm Oct. 1 at the W Hotel in Buckhead.
