Regions Southeast | Atlanta
Falcon Buys Heidelberg's Suburban Atlanta HQ in $23M Sale-Leaseback
May 6, 2008

Acting on behalf of a private overseas investor, Falcon Real Estate acquired the headquarters of Heidelberg U.S.A. in Kennesaw, Ga., for $23 million as part of a 1031 Exchange. Located about 25 miles from downtown Atlanta, the building was developed in 1994 and expanded to its current size of 175,900 square feet 10 years ago. The printing machinery company will continue to occupy the office and showroom property under an existing long-term lease that is scheduled to expire in 2027.

 
Recent Atlanta Headlines
Atlanta May Get Third Ritz-Carlton
May 21, 2008 - Source: Atlanta Journal Constitution
Marriott chief says his chain is considering a Midtown location.
InterContinental Hotels Plans 19 New Atlanta Hotels
May 20, 2008 - Source: Atlanta Journal Constitution
Based in London, InterContinental has its U.S. base in Atlanta.
Mixed-Use Project with 1.2M SF of Retail in the Works for Chattanooga Area
May 19, 2008
Opus South Corp. has just revealed plans to develop Hammond Creek, a 168-acre mixed-use project that will center on 1.2 million square feet of retail offerings, in Dalton, Ga., near Chattanooga, Tenn.
Prime Retail Announces 450,000SF Project North of Atlanta
May 19, 2008
Prime Retail has announced the development of a 450,000-square-foot outlet shopping center in metropolitan Atlanta, set to open in 2010.
town park commons Daniel Corp. Teams Up with MetLife in Atlanta on Office Leasing
May 16, 2008
Daniel Corp. is expanding its reach in the Atlanta office market and its relationship with MetLife as it takes on management and leasing duties for 890,000 square feet in three MetLife-owned office properties in the Atlanta region.