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Real Estate Bisnow
The largest commercial real estate publication in the United States.
   
May 21, 2012 
 
 
 
Walker LTile ATL
HAL 2.0

Join us Wednesday, May 23 at the W Hotel Midtown for our 2nd Annual Student Housing Summit. Student housing demand has continued to grow and is expected to continue growing over the coming years. Come hear from the experts. (Plenty of schmoozing, too.) Register here.

 
Barry Real Estate's namesake and founder Hal Barry has been a titan on Atlanta skyline, responsible for notable metro developments such as Ivan Allen Plaza. But like many of Atlanta's real estate titans in the past, Hal has also found himself in tough times, losing 55 Allen Plaza to foreclosure last year.
 
hal barry real estate companies reiac westin buckhead panel value-add buys
Since then, Barry Cos has become just Hal (he sold his third-party management business to Avison Young and former partner Chris Schoen is now with Greenstone Properties). So, when we got the opportunity, we asked Hal, what next? And his answer will give you a clue to Hal Barry version 2.0 (does it come with automatic update software?): “Instead of build and sell… It's buy, fix, and sell.” He's seeking value-add office buys regionally. He declined to elaborate, but we'll keep you posted.
 
PM Realty (Mansell)
jim jacoby development wellness facility veterans marineland florida redevelopment reiac westin buckhead
Hal was part of a very prominent panel at last week's REIAC event at the Westin Buckhead, including Novare Group's Jim Borders, Georgia State University Department of Real Estate chair Julian Diaz, and Jacoby Development's Jim Jacoby. Jim Jacoby says his firm is working on a ?wellness facility? in Fla. for veterans. ?Redeveloping Marineland? into a healthcare facility is something I'm interested in,? he says.
 
Reznick (Investor) MATL
novare jim borders julian diaz georgia state university chair real estate confidence reiac westin buckhead
Borders, who is on a development tear with a second apartment tower announced in Atlanta, says that confidence in Atlanta due to the bad news during the Great Recession probably went a little too negative for the reality, a “little bit too much of a loss of confidence,” he says. “In real estate, when the capital dries up, the value erodes.” (Chicken Little moved in and started giving soapbox speeches.)

Bisnow
BEST HOLE OF THE GAME
 
talisman partners scott johnston nova engineering ken houseman holder properties drew yantis 19th hole winners circle of trust heritage golf links prostate cancer foundation
We got word that Talisman Partners' Scott Johnston, NOVA Engineering's Ken Houseman, and Holder Properties' Drew Yantis (along with Heery's Scott Dreas, not pictured here) were the 19th Hole Winners during Circle of Trust's 2nd Annual 19th Hole Classic late last month at the Heritage Golf Links. The event raised some $10k for the Prostate Cancer Foundation.

Bisnow
BETTIN' ON DOLLAR GENERAL
 
newburger-andes steve farrar david andes dollar general mccarin airport las vegas icsc recon 2012
Here's your first taste (and ours) of ICSC's RECon 2012 in Las Vegas. We arrived bright and early and headed to baggage claim with Newburger-Andes' David Andes, Steve Farrar, and Sullivan Wickley's Co-Founder Adam Wickley (we also shared a flight with the daughter of the late diva Whitney Houston). During our flight David told us Newburger-Andes just purchased a 9,100 SF Dollar General in Savannah and is on track to acquire another Dollar General in Dallas, Ga. The triple-net kings of Atlanta so far have bought a retail store a month since the beginning of the year, David says. Be sure to check out our extensive ICSC coverage this week and our national blowout on Friday.
 
We put $50 on black. That was the fastest we ever lost our money. Send your news to Jarred@Bisnow.com.
 
 
 
 
ATL Commerce Club
 
Hendrick (Womble)
 
Hines (OneAtlantic) ATL
 
Cousins (NorthPoint)
 
Bisnow (Student) ATL
 
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