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THE DEAL SHEET

Atlanta

Want to get a jump-start on upcoming deals? Meet the major Atlanta players at one of our upcoming events!

THE DEAL SHEET
Let's just say that Gigi Giannoni is evolv-ing in her career.
 
Gigi Giannoni
One of Atlanta's best known multifamily marketers and operations gurus has quietly dissolved her Evolv sales and marketing firm to take up the  COO post at the fast-growing Cortland Partners apartment empire (she also previously held exec posts at Trammell Crow, Gables Residential, and Lane Co). It's a big catch for Cortland, which in the past year has rapidly grown by purchasing more than 11 communities. ?It's very clear to me that the apartment industry is coming into its own in the next four to five years," she tells us. Gigi sees rental as the preferred living option in the future as people seek greater flexibility (and let's not even talk about trying to buy homes in today's environment). ?This generation and the generation to come thrive on change  and being spur-of-the-moment.?
 
LEASING
 
THE DEAL SHEET
Duke Realty inked a  26k SF deal for its HQ at The Davinci Building. PM Realty Group's  Bill Weghorst  and  Chip Roach  repped the landlord. This is the second big deal at The Davinci Building in recent months, including a nearly 18k SF  lease with Intuitive Surgical.
SALES
 
Daniel Corp is expanding its multifamily holdings with the pending purchase of The Rocca: Piazza at Paces, an  80-unit apartment building along Northside Dr. The developer also plans to expand it by another 200 units beginning this summer
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CBRE's Justin Parsonnet, Wendy McArthur, Will Yowell, Jay O'Meara, and  Leigh Martin officially closed the sale of 180 Peachtree, the  338k SF former Macy's store, to Carter Validus Mission Critical REIT for an undisclosed sum.
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THE DEAL SHEET
CBRE's Craig Taylor brokered the sale of Sweet Apple Village, a 62k SF shopping center  in Roswell. Craig brokered for the seller,BB&T, which sold it to Ziff Properties for an undisclosed sum.


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Piedmont Peridontics purchased a 2,300 SF office condo  space at Luxe Condominiums, just off Piedmont Park, with ST Residential.

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Marcus & Millichap's VP Daniel ?Sonny" Molloy  brokered the sale of Crossroads Marketplace, a  71k SF  shopping center in Warner Robins, to Cole Real Estate Investments for $11.25M, or $158/SF. The property, anchored by Best Buy and Bed Bath & Beyond, was sold by Citizens Square LLC.

 

PEOPLE
 
Courtney Branham joined VennendaalCave as an interior designer, as did Paul Ross, who's been named project manager.

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THE DEAL SHEET
CRE vet Steve Massell joined the offices of Lee & Associates in Atlanta. Aside from formerly being the president of the Buckhead Business Association, Steve also is the son of  former Atlanta Mayor (and colorful Bisnow Buckhead commentator) Sam Massell.

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THE DEAL SHEET
North American Properties hired local social media guru  and former journo  Caleb Spivak to handle the social media for the developer's overall multimedia marketing platform. Caleb foundedWhat Now Atlanta blog and was named Creative Loafing?s 20 People to Watch in 2012.

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CBRE  is headed south to Savannah, naming Bill Sparks  and William Lattimore as office heads. The duo come from Gilbert & Lattimore, a Cushman & Wakefield alliance firm in Savannah, and will cover a region  from Hilton Head to Brunswick.

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THE DEAL SHEET
Jones Lang LaSalle tapped Raymond Bouley as VP of Marketing for the Atlanta office. Ray comes to JLL from Next Step, a firm he co-founded, where he helped Sperry Van Ness with its corporate branding efforts.
 
EVENTS
 
NAIOP will be hosting its  Happy Hour at Promenade this Wednesday beginning at 5:30 on the  21st floor. Unless you are scared of heights, then you can attend the spinoff party at Underground Atlanta.