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Atlanta Makes Another Hollywood Connection

Reflecting Georgia's growing attractiveness as a filmmaking location, Panavision is opening a 10,000-square-foot facility at 1250 Menlo Drive in Atlanta. The new facility will provide cameras used for producing motion pictures, television series and commercials and is scheduled to open in February 2011.

The 37,300-square-foot warehouse building is owned by Selig Enterprises. Panavision's new facility will serve as a full-service camera rental office...

Studley Sets Up Strategic Portfolio Solutions Group in Atlanta

Studley has formed a Strategic Portfolio Solutions group based in Atlanta. The new team will be headed by Executive Vice President Thomas W. Bogle and assist corporate clients that face challenges associated with acquiring, building, managing and disposing of user occupied properties across their portfolios.

The new group expects to have more than 50 professionals in the corporate real estate industry onboard by early 2011 in addition to an international...

Osbourne Joins Transwestern as Director

Greg Osbourne, a 27-year construction and development industry expert, joined the Atlanta office of Transwestern. As the new director of project and construction management, he will supply construction and project management services to owner and tenant clients in the Southeast.

Previously, Osbourne founded the commercial general contracting firm Osbourne & Associates, where for the last decade he served as owner/principal and focused on office...

RCG Ventures Promotes Garner to CFO

RCG Ventures LLC promoted Brad Garner as its chief financial officer. Based in the Atlanta office, he will be responsible for presenting and reporting accurate financial information for the company and establishing its current financial condition.

Garner joined the firm two years ago and most recently served as vice president of leasing. Prior to RCG, Garner was managing partner for Match Properties, which is an investment and development firm...

RCG Ventures Hires New CFO

RCG Ventures LLC hired Brian Garner as its chief financial officer. Based in the Atlanta office, Garner will be responsible for presenting and reporting accurate financial information for his company and establishing the company's current financial condition...

Cushman Wins 124,947-SF Retail Assignment

Eola Capital awarded Cushman & Wakefield the leasing assignment to its 124,947-square-foot Mall at Peachtree Center in downtown Atlanta.

Constructed in 1974 and renovated in 1998, the three-tiered mall includes retail, restaurant and shops. The Mall at Peachtree Center serves Peachtree Center's 2.4 million square feet of office space, as well as Atlanta's Hyatt Regency and Marriott Marquis Hotels with 3,000 rooms combined.

More than six million...

Leo Burnett Building Up for Sale

ATLANTA-Piedmont Office Realty Trust Inc. has put the 1.1 million-square-feet Leo Burnett Building up for sale.

Grubb & Ellis Expands Access To CoStar’s Comprehensive Commercial Real Estate Information

Grubb & Ellis Company (NYSE: GBE), one of the largest commercial real estate services and investment companies in the world, has signed a long-term enterprise-wide information services agreement to expand its access to and use of CoStar’s national suite of commercial real estate information services.

The new, multi-year agreement provides all Grubb & Ellis company-owned offices, national research and business units full access to CoStar’s industry...

RiverEdge Summit Inks 40,000-SF Lease

ATLANTA-Kristie Abney, senior vice president in Transwestern's Atlanta office, tells Jennifer LeClaire that unique amenities are helping the building attract tenants.

“Cautious, but Optimistic” Becomes the Mantra at New York ICSC Show

“Cautious, but Optimistic” Becomes the Mantra at New York ICSC Show

Loews Looks to Grow with Furbay

Loews Looks to Grow with Furbay

In The Pipeline: CoStar Development and Construction News for Dec. 5 - 11

CoStar Group's In The Pipeline is a column on significant land sales, transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail.
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First Wrecking Ball Drops on S.F.'s Transbay Terminal

Two Major Industrial Sales in New Jersey and Georgia Buck National Trends

Reno, NV-based Dermody Properties and DP Partners announced the sale of two industrial buildings from its national portfolio. A 599,500-square-foot building in Logan Township, NJ, sold for $35.5 million ($59 per square foot) and a 689,400-square-foot building in Savanna, GA, sold for $20.6 million ($30 per square foot).

The building in Logan, NJ, located at 1150 Commerce Blvd. in the LogistiCenter at Logan, sold to a financial institution at a...

Industry Bullish at ICSC New York National Conference & Dealmaking

Industry Bullish at ICSC New York National Conference & Dealmaking

$2.1 Billion Power Play: Consortium Launches Two Infrastructure REITs

$2.1 Billion Power Play: Consortium Launches Two Infrastructure REITs

Prospects for Multifamily Sector Improve Greatly

Prospects for Multifamily Sector Improve Greatly

Behringer Harvard’s Industrial Acquisition in Southern California Capitalizes on ‘Market Stress’

Behringer Harvard’s Industrial Acquisition in Southern California Capitalizes on ‘Market Stress’

NREI Webinar to Unveil Seniors Housing Capital Markets Forecast

NREI Webinar to Unveil Seniors Housing Capital Markets Forecast

Passco Pays $18M for Sundance Creek

Passco Cos. LLC, a California-based real estate investment firm, acquired Sundance Creek at 575 McDonough Parkway in McDonough, GA, from Principal Financial Services for $18 million, or about $77,586 per unit.

The 220,892-square-foot, 232-unit townhouse apartment delivered in 2004 on 15.44 acres. It is in the fast growing South Clayton/Henry County submarket.

Patrick Jones of Engler Financial Group represented the seller. There was no buyer...

Source: 

http://www.costar.com/News/Article/Passco-Pays-$18M-for-Sundance-Creek/124692?ref=/News/Article/Passco-Pays-$18M-for-Sundance-Creek/124692&src=rss

Children's Healthcare of Atlanta Earned LEED Gold

Children's Healthcare of Atlanta at Hughes Spalding, a 71,000-square-foot not-for profit pediatrics’ hospital at 35 Jesse Hill Jr. Drive SE in Atlanta, has earned LEED Gold certification from the U.S. Green Building Council.

The newly built hospital, which includes renovation of a 7,000-square-foot office facility, is on more than 5 acres in the downtown Atlanta submarket.

HKS Architects designed the facility along with Turner/Duckett for better...