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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...

Full article: Peachtree City Flex Trades for $5.2 Million ...

Tags: Atlanta, CoStar Group

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...

Full article: nuBridges Inks Deal for 21,458 SF in Atlanta ...

Tags: Atlanta, CoStar Group

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...

Full article: Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures ...

Tags: Atlanta, CoStar Group

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...

Full article: Green Bldg. Expert Joins Grubb’s Office Group ...

Tags: Atlanta, CoStar Group

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...

Full article: Sealy Expands Market Reach; Hires 3 Industry Vets ...

Tags: Atlanta, CoStar Group

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...

Full article: In The Pipeline: CoStar Development and Construction News for Aug. 29 - Sept. 4 ...

Tags: Atlanta, CoStar Group

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...

Full article: Lease Down (Aug. 29 - Sept. 4): Northrop Grumman, Aviat Continue to Downsize ...

Tags: Atlanta, CoStar Group

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...

Full article: RidgeWorth Leases 34,000 SF at Terminus 200 ...

Tags: Atlanta, CoStar Group

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...

Full article: TIAA-CREF Signs 2 to 15,700 SF at The Pinnacle ...

Tags: Atlanta, CoStar Group

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. In this week's issue: BP inks a huge...

Full article: Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials ...

Tags: Atlanta, CoStar Group