<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Atlanta Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><item><title><![CDATA[CoStar's People of Note (Aug. 29-Sept. 4)
]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=546BCB7F9ED0AF639C13BDAF2D7B496C&ref=1&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Atlanta, Inland Empire, Los Angeles, Milwaukee/Madison, New York City, Orange County and Washington, DC.

ATLANTA
Green Bldg. Expert Joins Grubb's Office Group

Grubb & Ellis Co. appointed...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 03 Sep 2010 02:43:44 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Deals of Note (Aug. 29 - Sept. 4)]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=86EA6F1366ABCA6106BC2DA66755AF7C&ref=1&src=rss]]></link><description><![CDATA[NEW YORK
Boston Properties to Acquire 510 Madison
By Andrew Deichler

Boston Properties said last week that it is acquiring 510 Madison Ave. from oft-troubled New York developer Harry Macklowe. 

The REIT has agreed to a purchase price equal to...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 01:32:29 GMT]]></pubDate></item><item><title><![CDATA[URDC Sells 2 Drugstores for $11.2 Million]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=F25769EF1649B6799C716BC79CFCCB23&ref=1&src=rss]]></link><description><![CDATA[United Retail Development Co., a preferred developer for Walgreens, sold two drugstore locations consisting of more than 28,000 square feet to Ladder Capital Finance for approximately $11.2 million, or roughly $395 per square foot. 

The Douglasville...]]></description><author><![CDATA[Brooke Fienman <news@costar.com>]]></author><pubDate><![CDATA[Fri, 03 Sep 2010 10:20:33 GMT]]></pubDate></item><item><title><![CDATA[Peachtree City Flex Trades for $5.2 Million]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=20E76815410299C2B10864D4E44159F5&ref=1&src=rss]]></link><description><![CDATA[HJB Holdings, a California-based private investor group, purchased an 117,221-square-foot flex property at 665 Highway 74 S in Peachtree City, GA, from Dividend Partners for $5.2 million, or about $44 per square foot.

Two of the larger tenants that...]]></description><author><![CDATA[Ryan Deutsch <news@costar.com>]]></author><pubDate><![CDATA[Thu, 02 Sep 2010 06:02:05 GMT]]></pubDate></item><item><title><![CDATA[nuBridges Inks Deal for 21,458 SF in Atlanta]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=F3F92548172CB9E01D9E8D4822640040&ref=1&src=rss]]></link><description><![CDATA[nuBridges, a provider of sensitive data processing, signed an eight-year lease for 21,458 square feet in the South Terraces office building at 115 Perimeter Center in Atlanta, GA. The company will occupy the space in January of next year.

The 11-story...]]></description><author><![CDATA[Wes Allen <news@costar.com>]]></author><pubDate><![CDATA[Thu, 02 Sep 2010 05:47:17 GMT]]></pubDate></item><item><title><![CDATA[Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B929A2A719B07DBFE74D084EF4DD4C73&ref=1&src=rss]]></link><description><![CDATA[Don't blame the current wave of bank failures on commercial real estate; much of the blame belongs to bad bankers.

While it is clear that commercial real estate and construction and land development loans have figured in most every bank failure in...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 02 Sep 2010 02:12:30 GMT]]></pubDate></item><item><title><![CDATA[Green Bldg. Expert Joins Grubb's Office Group]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=5780E51704D501E13E3B861E858BF094&ref=1&src=rss]]></link><description><![CDATA[Grubb & Ellis Co. appointed Greg O’Brien as senior vice president of the office group and Southeast leader of the clean energy practice group.

O’Brien is an expert on real estate for the clean energy industry. He joined Grubb from Sustainable Options...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Wed, 01 Sep 2010 10:56:04 GMT]]></pubDate></item><item><title><![CDATA[Sealy Expands Market Reach; Hires 3 Industry Vets]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=DA7676E2C87FA717159112ADBBDD3ACE&ref=1&src=rss]]></link><description><![CDATA[Sealy & Co. will extend its industrial and office service offerings into six key market areas and recruited Tom Senkbeil, Bob Cutlip and Klay Simpson as principals to oversee the expansion. They will be part of the corporate and regional management teams...]]></description><author><![CDATA[Matthew Ficken <news@costar.com>]]></author><pubDate><![CDATA[Wed, 01 Sep 2010 05:57:48 GMT]]></pubDate></item><item><title><![CDATA[Lease Down (Aug. 29 - Sept. 4): Northrop Grumman, Aviat Continue to Downsize]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=3FCA6AE204BCDCA4C2AAD44D4AA6D628&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you    updated on major corporate moves affecting commercial real estate. For news on corporate expansions...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 31 Aug 2010 05:47:33 GMT]]></pubDate></item><item><title><![CDATA[TIAA-CREF Signs 2 to 15,700 SF at The Pinnacle]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=4EACFCD318EDF74CB272489E52BA306C&ref=1&src=rss]]></link><description><![CDATA[Houlihan Lokey leased 11,913 square feet and Prestige Capital Advisors signed for 3,789 square feet for a total of 15,702 square feet at The Pinnacle at 3455 Peachtree Road in Atlanta, GA.  

Houlihan Lokey, an international investment bank firm, will...]]></description><author><![CDATA[Ryan Deutsch <news@costar.com>]]></author><pubDate><![CDATA[Tue, 31 Aug 2010 05:02:19 GMT]]></pubDate></item><item><title><![CDATA[RidgeWorth Leases 34,000 SF at Terminus 200]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=6CF62CB84DC1971653EEC0AAA828421C&ref=1&src=rss]]></link><description><![CDATA[RidgeWorth Investments, an Atlanta-based institutional investment advisor and holding company, signed a 10-year, 34,000-square-foot lease at Terminus 200 in Atlanta. The firm will occupy the 14th and 15th floors in April of next year. 

The 25-story...]]></description><author><![CDATA[Rebecca Constantine <news@costar.com>]]></author><pubDate><![CDATA[Tue, 31 Aug 2010 05:33:47 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development and Construction News for Aug. 29 - Sept. 4]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=25E0F0EAC484EBEB3A534354D5ABD489&ref=1&src=rss]]></link><description><![CDATA[In this week's Pipeline, Forest City Enterprises will privatize and build family housing at four military bases  in South Carolina, Tennessee and Mississippi; in Rockville, MD, business and government leaders will officially kick off a $200 million expansion...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 31 Aug 2010 12:06:08 GMT]]></pubDate></item><item><title><![CDATA[Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B2227616EB00D3BE244E49FBCDE0029A&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a  concise read keeping you   updated on major corporate moves affecting commercial real estate. For news on consolidatations and  lease...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 08:43:17 GMT]]></pubDate></item><item><title><![CDATA[Pfizer Renews, Downsizes at 400 Perimeter Center]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=40FB59FF45D3555BEC115123FA222BF3&ref=1&src=rss]]></link><description><![CDATA[Pfizer renewed its lease at 400 Perimeter Center in Atlanta. The pharmaceutical company currently occupies more than 64,000 square feet on the ninth and tenth floors at North Terraces. Under its new agreement, Pfizer will be downsizing to 24,575 square...]]></description><author><![CDATA[Jonathan Gerrard <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 08:10:57 GMT]]></pubDate></item><item><title><![CDATA[Atlantic Center Plaza Earns LEED EB Gold]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=D1771018CC6441B2B534FC99E61B7639&ref=1&src=rss]]></link><description><![CDATA[Atlantic Center Plaza achieved LEED EB (Existing Building) Gold certification from the U.S. Green Building Council. CRT Properties, an affiliate of DRA Advisors LLC owns the 24-story building at 1180 W. Peachtree St. in Atlanta, GA.

The structure was...]]></description><author><![CDATA[Brooke Fienman <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 01:04:14 GMT]]></pubDate></item><item><title><![CDATA[Marcus & Millichap Names Vetter as VP, Investments]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=40A4B4728CF902BF7E22C8861A573D12&ref=1&src=rss]]></link><description><![CDATA[Paul Vetter was appointed vice president of investments specializing in the multifamily market in Marcus & Millichap's Atlanta office. Vetter is a director in the National Multi Housing Group. He joined the firm in 2003 specializing in multifamily investment...]]></description><author><![CDATA[Ryan Deutsch <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 05:52:32 GMT]]></pubDate></item><item><title><![CDATA[Brown Joins Cortland as Chief Acquisitions Officer]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=010CEDFDBD8AD8D2C4DF298EAE0B26E0&ref=1&src=rss]]></link><description><![CDATA[Cortland Partners recruited Brad Brown as chief acquisitions officer. 

“Brad has more than 20 years direct experience in multifamily acquisitions and dispositions, handling more than $1.2 billion worth of transactions involving more than 200 rental...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 27 Aug 2010 03:17:53 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (Aug. 22-28)]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=86F718084914E50D36B7723F15F9A0BA&ref=1&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Atlanta, Denver, Hartford, New York City, Northern New Jersey, Retail, South Florida and Washington, DC.

ATLANTA
Brown Joins Cortland as Chief Acquisitions Officer

Cortland Partners recruited...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 27 Aug 2010 02:19:41 GMT]]></pubDate></item><item><title><![CDATA[AIMCO Sells 60-Unit Apt. Complex in Atlanta]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=8379C9451DF4249FDE89D6A56D516677&ref=1&src=rss]]></link><description><![CDATA[Apartment Investment and Management Co., or AIMCO, sold the 60-unit DeFoors Crossing multifamily complex in Atlanta, GA, to Wyatt Capital LLC for $3 million, or approximately $50,000 per unit.

The 36,584-square-foot apartment community consists of...]]></description><author><![CDATA[Wes Allen <news@costar.com>]]></author><pubDate><![CDATA[Fri, 27 Aug 2010 01:32:52 GMT]]></pubDate></item><item><title><![CDATA[Carlock, Copeland Leases 52,000 SF at 191 Peachtree]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=D8CB4E92AB6D5EBA13D081249AEE2D15&ref=1&src=rss]]></link><description><![CDATA[Carlock, Copeland & Stair, a civil litigation law firm, signed an 11-year lease for 52,000 square feet at 191 Peachtree St. in Atlanta, GA. The firm will occupy the entire 36th and 37th floors and is slated to move in October of next year.

Built in...]]></description><author><![CDATA[Wes Allen <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 05:22:34 GMT]]></pubDate></item><item><title><![CDATA[CoStar to Release August Repeat Sales Analysis Next Week]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=1D48FFBA833DD200C0737D4F383EDD1D&ref=1&src=rss]]></link><description><![CDATA[Look for the latest findings of the    CoStar Commercial Repeat-Sale Indices (CCRSI) to be released this coming Wednesday, September 1, 2010. 

CoStar developed the    CoStar Commercial Repeat-Sale Indices to provide a comprehensive set of benchmarks...]]></description><author><![CDATA[Tim Trainor <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 04:22:26 GMT]]></pubDate></item><item><title><![CDATA[Ventron Buys Barrington Hills Apts. for $12.8M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=918326C3C5173594465CEBF2BF028482&ref=1&src=rss]]></link><description><![CDATA[Ventron Realty Corp. acquired the Barrington Hills Apartments at 3352 Chelsea Park Lane in Norcross, GA. General Electric Credit Equities Inc. sold the complex for $12.75 million, or about $33,910 per unit.

Built in 1986, Barrington Hills is a 413...]]></description><author><![CDATA[Ryan Deutsch <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 07:05:23 GMT]]></pubDate></item><item><title><![CDATA[Ellard Mercantile Exchange Trades for $4M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=11D85CFF1AA35E84525831B078BC1732&ref=1&src=rss]]></link><description><![CDATA[Northlight Investment Partners LLC purchased Ellard Village, a 43,990-square-foot retail building in Alpharetta, GA. Flagstar Bank sold the property for $4 million, or approximately $91 per square foot. 

Built in 2007, the property, also known as Ellard...]]></description><author><![CDATA[Ryan Deutsch <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 06:28:17 GMT]]></pubDate></item><item><title><![CDATA[Elkay Plastics Inks 50,700-SF Lease in Austell]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=41CED0DA8CF294B48F61DECDA22B7872&ref=1&src=rss]]></link><description><![CDATA[Elkay Plastics Co., a producer and distributor of plastic bags, signed a 10-year, 50,683-square-foot lease deal at Hartman Business Center at 7515 Hartman Industrial Way in Austell, GA. 

Built in 2008, Harman IV is an 113,747-square-foot industrial...]]></description><author><![CDATA[Matthew Ficken <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 03:36:49 GMT]]></pubDate></item><item><title><![CDATA[The Myers Group To Move HQ, Operations to Duluth]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B470DD253F254FC4DD7E90841A887E9C&ref=1&src=rss]]></link><description><![CDATA[The Myers Group, a health care survey research firm, signed a 10-year lease for 33,087 square feet at Northmont Business Center at 1965 Evergreen Blvd. in Duluth, GA. 

The deal represents a major expansion for Myers, which currently occupies roughly...]]></description><author><![CDATA[Brooke Fienman <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 03:03:23 GMT]]></pubDate></item><item><title><![CDATA[Upper Buckhead Land Sells for $10M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0FC9AF91BF27A5D8005D606FAD1E560D&ref=1&src=rss]]></link><description><![CDATA[Park National Bank sold 6.5 acres in Atlanta’s Upper Buckhead submarket to JLB Pharr Road LLC for $10 million, or about $1.54 million per acre. The buyer plans to redevelop the site.

The sale consisted of nine buildings at 211 Pharr Road, 225 Pharr...]]></description><author><![CDATA[Matthew Ficken <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 02:03:56 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Deals of Note (Aug. 22-28)]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=ED77497F8E7F932CAC354C0DBA17278A&ref=1&src=rss]]></link><description><![CDATA[SOUTH FLORIDA
Sunstone Picks Up Royal Palms Hotel for  $117M
By Heather Sellers

Sunstone Hotel Investors acquired the Royal Palm Hotel at 1545 Collins Ave. in Miami Beach at a foreclosure auction. 

The gross purchase price was $126.1 million,...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 01:50:14 GMT]]></pubDate></item><item><title><![CDATA[Abercrombie & Fitch Shuttering 110 Stores, GM Shrinks Real Estate Holdings, More Retailer Right-Sizings]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=EAD2426EC22F531AD68F688FBB26E46D&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise  read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions,...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 03:21:44 GMT]]></pubDate></item><item><title><![CDATA[Bank Watch: Regulators Close Seven Banks with $4.4 Bil. in Assets]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=82A2A5A4B9170C24F51AE217C154DFBF&ref=1&src=rss]]></link><description><![CDATA[The Federal Deposit Insurance Corp. (FDIC) lined up five buyers for seven newly closed banks this past week. Together the seven failed banks reported distressed commercial real estates of nearly $548 million combined.

Summary of the seven banks deals...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 26 Aug 2010 02:13:46 GMT]]></pubDate></item><item><title><![CDATA[InComm Expands to 186,000 SF in Downtown Atlanta]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=A4FFB5BACA00AD51FC60C5D13EB62AC6&ref=1&src=rss]]></link><description><![CDATA[InComm signed an expansion deal that nearly doubled its space from 95,000 square feet to 186,000 square feet at the American Cancer Society Center in Atlanta. The stored-value gift and prepaid products marketer and distributor, a 14-year tenant of the...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 06:20:55 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development and Construction News for Aug. 22 - 28]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=E11AFC603299449CFDFFFEEC01FE03F6&ref=1&src=rss]]></link><description><![CDATA[In this week's Pipeline, the Empire State Building failed in its bid to  amend or halt plans by Vornado Realty Trust to build a nearly 1,200-foot skyscraper in the sightlines of the historic building;  a Los Angeles-based fund is providing $22.6 millionto...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 24 Aug 2010 11:15:57 GMT]]></pubDate></item><item><title><![CDATA[Lease Up (Aug. 22-28): GMHC, WNET Sign Major Manhattan Office Deals]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=BE897BC7E5D2BA4DB98E8A00E795C87D&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a  concise read keeping you   updated on major corporate moves affecting commercial real estate. For news on consolidatations and  lease...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 10:15:52 GMT]]></pubDate></item></channel></rss>