Regions Southeast
527,000SF Suburban Atlanta Mixed-Use Project Makes Debut
May 14, 2008

Cousins Properties Inc. has just swung open the doors of The Avenue Forsyth, the company's 527,000-square-foot mixed-use project in Forsyth County. Sited at the intersection of Georgia 400 and Peachtree Parkway just outside of Atlanta, The Avenue's tenant roster is 70 percent full, featuring a list of retailers that includes AMC Avenue Forsyth 12, Ann Taylor Loft ,Barnes & Noble and  Circuit City, as well as outparcel occupants CVS, Rd Robin and SunTrust. The open-air pedestrian friendly development also features 64,000 square feet and at full build-out carries a development price tag of about $250 million.

 
Recent Southeast Headlines
Balfour Beatty Starts Operational Management of Fort Jackson Project
Aug. 08, 2008
Balfour Beatty Communities L.L.C. has announced that it has commenced property management and maintenance services for the military family housing at the U.S. Department of the Army's Fort Jackson located in Columbia, S.C.
RockBridge Takes $46M North Carolina Hotel Portfolio
Aug. 08, 2008
RockBridge Partners, the equity platform of Columbus, Ohio-based RockBridge Capital, has announced the closure of a deal to acquire Gateway Center, a portfolio with four hotels, office and retail space and five acres of land in Rocky Mount, 60 miles east of Raleigh, N.C. William Hull Jr., the original developer, will continue to be involved in the deal as a minority partner. Hospitality Ventures, headquartered in Atlanta, will be the manager for the hotels.
300 Northcreek CBRE Investors Grabs Buckhead Office Park
Aug. 07, 2008
CB Richard Ellis Investors has purchased Northcreek Office Park in the Buckhead community of Atlanta on behalf of the company’s Strategic Partners U.S. 5 fund. The terms of the transaction were not disclosed.
Praedium, Audubon Acquire 938-Unit Atlanta M-F Portfolio
Aug. 06, 2008
The Praedium Group and Audubon Communities Management have teamed up to buy a seven-property multi-family portfolio in the Atlanta metro region for approximately $45 million. The seller was not identified.
Westin Ft. Lauderdale $84M in Financing in Place for Fort Lauderdale Hotel Transformation
Aug. 05, 2008
Plans for the conversion of Fort Lauderdale, Fla.'s Sheraton Yankee Trader Hotel into the 433-room Westin Beach Resort have gotten a big boost with the closing of an $84 million financing deal for the project. Borrower A1A Trader L.L.C., an affiliate of Starwood Capital Group, was able to obtain a senior secured increasing term loan from ING Real Estate Finance, which took on the roles of Administrative Agent and Sole Lead Arranger on the transaction.