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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
This morning, there was nothing small about this tidbit revealed at our Atlanta Future of Transportation event. The world's  biggest airplane is coming to Hartsfield-Jackson.
 
hartsfield-jackson atlanta international airport louis miller w hotel midtown atlanta future transportation bisnow A380 korean air airbus
Hartsfield-Jackson's GM Louis Miller  told our audience of more than 175 at the W Hotel Midtown that Korean Air is scheduled to start flying the behemoth Airbus A380  daily from Atlanta to Seoul in January. At 262 feet, the A380 seats more than 400. Louis says the airport is having to widen sections  of the runway and taxiways, and retrofit a couple of gates to handle the double-decker aircraft. Stay tuned Thursday for complete coverage of our panel.
 
LEASES
 
Comforce Information Technologies has inked a 4,600 SF deal at One Lakeside Commons in Center Perimeter. Transwestern's SVP Robert Poirier  brokered the deal for the tenant.
 
SALES
 
THE DEAL SHEET
Riverwood Properties purchased Piedmont Pointe, a 13,500 SF strip center  at 1874 Piedmont Rd near Cheshire Bridge Road for $2.71M. Tenants include Walgreens BioScrip Pharmacy, Papa John's and State Farm. It was sold by Corporate Property Advisors. CBRE's SVP  Craig Taylor  brokered the transaction.
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Colony Realty Partners purchased Shiloh 400 and RDC, a  five-building, 500k SF distribution campus along Georgia 400 for an undisclosed sum. Seefried Properties has been tapped to lease and manage the properties.
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Wells Timberland REIT, a division of Wells REIT, sold 4,700 acres of Alabama timberland (as in forest, not the hip hop singer) to BTJ Farms for  $8.3M, the company reported in an SEC filing June 20.
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Assisted Living Concepts purchased 12 assisted living facilities, including five in Georgia, from Ventas Realty for  $97M  and another $3M to settle litigation  with Ventas over its master leases.
 
DEVELOPMENTS
 
Carmax announced in SEC filings that it plans to open new dealerships in Columbus and Savannah at the  beginning of 2014.
 
PEOPLE
 
robert pavelka superintendent hardin construction co
Robert Pavelka has been promoted to superintendent at Hardin Construction Co, cited for his work on 3344 Peachtree  and Galleria Manor apartments in Smyrna.
 
EVENTS
 
Yep. There's an app for that. Join the Young Council of Realtors 2:30 pm. June 27 at the Yardhouse in Atlantic Station to hear Colliers International's Coy Davidson, Scotland Wright & Associates' Patrick Braswell, NAI Brannen Goddard's Chad Koenig,  and Xceligent's Todd Bierk chat about apps and CRE.
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IFMA Atlanta will have Atlanta Regional Commission's  Ryan Ellis chat transportation during its monthly luncheon at Maggiano's Little Italy at Cumberland Mall 11:30 am on July 18.
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Or you can join Ackerman & Co at its HQ at 10 Glenlake Pkwy 8:30 am, July 16 to hear a panel on the TSPLOST that includes PCID's Yvonne Williams and Council for Quality Growth's Michael Paris. Space is limited at this invitation-only event. Contact Fara Wilson for more info.
 
ACCOLADES
 
tower place 200 leed gold existing buildling buckhead pm realty group
Tower Place 200 just earned LEED Gold  for existing buildings, the first tower in Buckhead to do so. Among the improvements: green landscapinglow-mercury lighting, high-efficiency restroom fixtures, and 14% alternative commuting by tenants. These changes help the 260k SF tower reduce energy consumption by 62.5%  and water usage by 32.6%,  according to PM Realty Group.
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john portman grace tan president outstanding 50 asian americans in business development center cipriani wall street new york city
John Portman & Associates president  Grace Tan was honored last week as one of this year's Outstanding 50 Asian Americans in Business at the Asian American Business Development Center at the Cipriani Wall Street in NYC.
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The Perimeter Community Improvement District earned a  $1M grant from the Georgia Transportation Infrastructure Bank to fund preliminary engineeringdesign, and right-of-way acquisition for roadway, pedestrian, and bicycle improvements from Ashford Dunwoody Road and I-285 to the Hammond Half-Diamond Interchange at Georgia 400.
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THE DEAL SHEET
The Boys and Girls Club HQ, a  143k SF facility at 1275 Peachtree St in Midtown, earned an Energy Star  rating from the EPA earlier this month. Cassidy Turley is the property manager on the building, which is the former HQ for Carter.