SG Property Services Acquires Medical Plaza Property in Dallas
SG Property Services (SGPS) today announced the purchase of the 12-acre MacArthur Medical Plaza for $9.2 million via an affiliated entity. The 41,588-square-foot property is situated at 3501 N. MacArthur Blvd. Irving, Texas, a fast-growing area just northwest of Dallas. SGPS, a full-service commercial real estate firm based in Atlanta, creates value through acquisitions, development, leasing and property management.
Atlanta Loft Conversion Garners Top Design Award and Recognition
Fulton Supply Lofts, a recently completed loft conversion project in downtown Atlanta, has been awarded the 2017 Design Excellence Award from the City of Atlanta Urban Design Commission for its historic authenticity and sustainable design. The property has also been given the first EarthCraft certification by the Southface Energy Institute for energy conservation and sustainability in a multifamily restoration.
SG Property Services Adds Two Medical Buildings to Portfolio
Property Services, an Atlanta-based real estate firm with a focus on healthcare and professional office development, has acquired Johns Creek Medical and The Swan Building for a combined $11.9 million. The two properties, located at 6918 McGinnis Ferry Road in Johns Creek and 4165 Old Milton Parkway in Alpharetta, total 55,664 square feet.
Shailendra Group Property Services Acquires 41K+ SF West of Atlanta
Shailendra Group Property Services (SGPS) today announced the purchase of Douglasville Medical Center and Prestley Mill Medical Center for a combined $7.5 million. The 41,772-square-foot acquisition includes 8820 Hospital Drive and 4586 Timber Ridge Drive properties
Sachin Shailendra Gives Address at Clayton State University’s 2017 Spring Commencement
SG Contracting President and Georgia Board of Regents member Sachin Shailendra recently delivered a commencement address to Clayton State University graduates, faculty and guests. Shailendra's main message to graduates during the May 6, 2017, commencement ceremony was, "Don't ever give up. Always continue to work hard and strive to reach your goals."
SG Contracting Breaks Ground on Primary School Learning Center for Esteemed Atlanta International School
SG Contracting, a leading Atlanta-based general contracting and construction management company, today announced it has broken ground on a new Primary School Learning Center for the Atlanta International School (AIS) located on the school’s campus in Buckhead.
One Glenlake in Central Perimeter is pleased to announce
Cotiviti has leased 66,100 RSF on the 12th, 13th and 14th floors thanks to Joe Terrell with Highgate Partners. Clark, Richardson and Biskup Consulting Engineers has leased 12,931 RSF on the 6th floor thanks to Paul Hanna with JLL
TYLER NIESS JOINS RED PROPELLER – Marketing Veteran to Lead East Coast Operations, International...
Red Propeller today announced marketing veteran Tyler Niess has joined the Seattle-based real estate advisory firm as its fourth partner. In this leadership position, he will help expand
CRG Developing Two Building 1.7 Million Square Foot Spec Distribution Center Near Port of...
CRG has engaged JLL to market and lease a 1.7 million square foot speculative industrial development in Savannah. CRG, the real estate development arm of Clayco, purchased two parcels of land for the project last year. Steve Grable, SIOR and Chris Tomasulo of JLL represented CRG in the land acquisition from Dallas-based Stratford Land.
Adventure Air Sports Bounces into Kennesaw’s Town Center Plaza
Adventure Air Sports, a state-of-the-art family entertainment center, has signed an eight-year lease at Town Center Plaza in Kennesaw, GA. It is the company’s first location in Georgia
Raleigh-Durham Surprises as City to Watch
London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors.
JLL Selected to Market Former Bayer Campus in Memphis
Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President.
Financings Spur Value-Add Investment for Birmingham Apartments
JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings.
JLL lands top NAI Brannen Goddard broker
JLL has hired Brad Pope, one of Atlanta’s top industrial brokers, as a senior vice president in JLL Atlanta’s Industrial Group. Pope will focus on agency listings and corporate services brokerage.
JLL Named a World’s Most Ethical Company for 10th Consecutive Year
Jones Lang LaSalle Incorporated (NYSE: JLL) has been recognized by the Ethisphere Institute as a 2017 World’s Most Ethical Company®. The honor acknowledges, for the 10th consecutive year, the strong principles of business and professional ethics that are inherent in JLL’s values, culture and strategy as well as its interactions with clients, customers, vendors and employees. The Ethisphere Institute is a global leader in defining and advancing the standards of ethical business practices.
Crescent Communities Starts Construction on Apartment Community in Atlanta’s Perimeter
Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood. The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285.
Renderings Revealed for Fetch, a Restaurant and Dog Park Coming Soon to O4W
Fetch has released the first renderings of the restaurant and dog park bar concept coming to Atlanta’s Old Fourth Ward neighborhood. Fetch is the first restaurant concept by Atlanta businessman Stephen Ochs and his business partner, Garrett Reynolds. The restaurant is expected to open this Fall. More...
Grubb Properties Selects JLL to Market The Park at Perimeter Center East – The...
JLL today announced that Grubb Properties engaged its Agency Leasing group to market and lease The Park at Perimeter Center East. JLL Associates Liz Koteles and David Horne will oversee leasing for the three-building office park. Charlotte-based Grubb Properties acquired the 19.5-acre property in 2015, representing the firm’s first office investment in Atlanta. More...
Z Gallerie to Open 225,000 Square-Foot Warehouse in Lithia Springs
JLL announced today it has represented Z Gallerie in its plans to open an east coast distribution and customer service center at Skyview Business Center in Lithia Springs, west of Atlanta. The distribution center is expected to create 115 jobs and be fully operational by 2019. JLL Senior Vice President Steve Grable, SIOR and Executive Vice President Barry Hill represented Z Gallerie in the lease negotiations
MEMA Relocates Corporate Headquarters in Research Triangle Park
Motor and Equipment Manufacturer’s Association, the trade association for motor vehicle and mobility suppliers and parts manufacturers and remanufacturers, announced today plans to relocate its corporate headquarters within Research Triangle Park.