News
THE DEAL SHEET
June 14, 2011
| Leases | |
 | |
| Newburger-Andes' David Andes (on right, with partner Steve Farrar) just helped Atlantic Southeast Airlines ink a more than 20k SF deal at Hartsfield Center for its HQ. Carter's Mike Shelly and Sonia Winfield brokered for the landlord, Alecta Real Estate Atlanta. | |
| Sales | |
 | |
| Piedmont Office Realty Trust purchased the Medici building in the Piazza at Paces out of foreclosure. The 152k SF office building in the Buckhead mixed-use development was sold for $13.2M and is the former HQ for Silverton Bank, which was taken over by the FDIC in 2009. Now at 15% leased, Piedmont tasked Carter's Glenn Kolker to lease the property. Piedmont's Wil Stone brokered the sale for his company. | |
*** | |
| The Boulder Group's Randy Blankstein and Jimmy Goodman brokered the sale of an Advance Auto Parts store at 2520 Sandy Plains Rd in Marietta for $1.3M to an unidentified Midwest investor. | |
*** | |
| Holliday Fenoglio Fowler secured $128M to finance eight apartment communities throughout the South, including in Atlanta, Raleigh and Dallas. The 10-year, 5% fixed-rate loan was secured by New York Life Insurance Co. | |
| Development | |
 | |
| Choate Construction Co has been tapped to manage the development of a wind turbine drivetrain testing facility at Clemson University Restoration Institute. The $98M facility is partly funded by the Department of Energy. | |
| People | |
| Cushman & Wakefield's Matthew Winn has been promoted to senior managing director of US retail services for the company, based in Atlanta. Previously he was managing director. | |
| Events | |
| Should Georgia's state motto be renamed ?Hollywood of the South?? That question probably won't be addressed, but everything the film industry is bringing to the state will be this Thursday when the Public Relations Society of Georgia addresses how movie studios are using GA sites (and real estate) during a luncheon at Maggiano's in Buckhead. Speakers include Georgia Film, Music & Digital Entertainment Office Director Lee Thomas and Lillian Ansley, SVP of PR juggernaut GolinHarris. |
