THE DEAL SHEET

LEASES
Pacific Rim Bistro just reopened after an  extensive renovation. The Pan-Asian cuisine and sushi restaurant's upgrades were handled by Restaurants Consulting Group. The restaurant renewed its more than 5,000 SF lease  at SunTrust Plaza with Portman Management's Brian Hogg  and  Krunali Parekh handling the negotiations.
***
 
Medtech inked a 10-year 11k SF lease  for its HQ at Overlook II in Vinings. The  technical school was represented by Carter's Dale Lewis  with PM Realty Group's Chris Breeden  and Parkway Properties' Bill Hollett representing the landlord.
 
***
 
Icon Commercial's  Ryan Bowie is sitting pretty in his office after renewing and expanding Greystar at 10 Glenlake South in Sandy Springs. The company inked a  nearly 6k SF lease. Highwoods Properties' Mike Wells  represented the landlord.
 
SALES
 
Germania Property Investors sold its Alpharetta Commons to AmREIT for an undisclosed sum. Alpharetta Commons is a 94,500 SF shopping center  on State Bridge Road and is anchored by Publix and Taco Mac. CB Richard Ellis' Chris Decoufle brokered the sale for Germania while CBRE's  Van Wehr  arranged the financing.
 
***
 
Marcus & Millichap's VP  Sonny Molloy  in Atlanta helped market and sell Sunset Lake Commons, an  80k SF shopping center anchored by Harris Teeter in Raleigh for $12.8M, or $145/SF. The Rosen Group was the buyer.
 
MANAGEMENT
 
RGRE just picked up the leasing assignment for Meridian Office Park, a 200k SF flex business park at Jimmy Carter and Peachtree Industrial Blvd. With just  30% of the park leased, the owners are offering $10/SF gross rates. RGRE's  Ryan Goldstein and Aaron Karasik  will lease.
 
PEOPLE
 
Grubb & Ellis' Luiza Adams has earned the Real Property Administrator designation from BOMA. Luiza serves as the single point-of-contact for Grubb's 800k SF office portfolio  out of Atlanta.
 
ACCOLADES
 
We got Reznick Group's Jonathan Bartlett  and Arnall Golden Gregory's partner Phil Skinner to send us this snapshot. The duo were part of a group called Sound Investment (a dozen professionals in the day and virtuosos by night) who sang the National Anthem opening last Sunday's  Braves games against the Chicago Cubs at Turner Field. Wow! Talent in our midst.
 
***
 
BDR Partners' Alison Gower, Regent Partners' Keith Mack, Atlanta Development Authority's Jay Jameson, Cousins Properties' John Goff  and  Katie Molyson decided to  brave the rapids on the Ocoee River this past weekend as part of ULI's Center for Leadership outing. Next up? Mount Everest.
 

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Emory Takes Over Proton Center For $82M: The Atlanta Deal Sheet

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

Dewberry's Midtown Eyesore Quietly Resolves $75M Mortgage

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines