Atlanta - The Real Deal

Engel & Völkers stages revenue stream with pre-listing renovations

TRD Staff — Thu, 22 May 2025 20:15:00 +0000

A luxury brokerage is staging a revenue stream with pre-listing makeovers. Engel & Völkers Atlanta is partnering with Maryland-based contractor Curbio to offer home improvement services to clients ahead of listing, the Atlanta Business Chronicle reported. The brokerage is the latest to join “Powered by Curbio” and is launching a new service tier for the […]

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CP Group scoops Goldman exec to head Southeast expansion

TRD Staff — Fri, 16 May 2025 23:58:49 +0000

Major Atlanta office landlord CP Group has scooped a Goldman Sachs banker to lead its Southeast acquisitions as the firm plans to grow its footprint. The developer, which is headquartered in Boca Raton, hired Bilal Manzoor as vice president, the Atlanta Business Chronicle reported. As CP Group looks to boost its holdings in the Southeast, […]

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Atlanta Braves swing for more real estate after $93M office buy

TRD Staff — Tue, 13 May 2025 23:17:08 +0000

The Atlanta Braves may not be done expanding their real estate empire near Truist Park. Following the club’s $93 million acquisition of the Pennant Park office complex in April, Braves Development Company is scouting for more opportunities around The Battery Atlanta, the 2-million-square-foot mixed-use district the team has built up over the past decade, the […]

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Newmark hires Nina Russo as Atlanta leader in latest Meridian exit

TRD Staff — Wed, 07 May 2025 20:05:17 +0000

Meridian Capital Group’s recent woes notched a win for Newmark, which found a leader for its capital markets business in Atlanta. The firm hired Nina Russo as a managing director in its debt and structured finance division, part of the firm’s broader effort to grow its capital markets presence across the Southeast, the Atlanta Business […]

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Aging-in-place strategy powers Serenbe’s $1.7B expansion

TRD Staff — Mon, 05 May 2025 22:30:00 +0000

A $1.7 billion residential expansion planned for a luxury development southwest of Atlanta is being marketed to older buyers looking to “age in place.” Developer Steve Nygren, a former Atlanta restaurateur, aims to nearly triple the number of residences at Serenbe, in Chattahoochee Hills, and introduce commercial space, the Atlanta Journal-Constitution reported. Nygren has partnered […]

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Dallas developer picks Alpharetta for lifestyle-centered retail

TRD Staff — Fri, 25 Apr 2025 21:00:00 +0000

Dallas’ Lincoln Property Company wants to bring a taste of California wine country to metro Atlanta. The firm is planning a 43,700-square-foot retail development called The Shoppes at The Gathering, at the corner of Haynes Bridge Road and Morrison Parkway in the upscale suburb Alpharetta, the Atlanta Business Chronicle reported. The project will include seven […]

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Buckhead office sells for 20% discount to last trade

TRD Staff — Mon, 21 Apr 2025 21:30:00 +0000

The sale of a Buckhead office campus shows that even well-positioned office property isn’t immune to trouble in Atlanta’s office market. Northcreek Office Park in Buckhead traded for $77.9 million, a 20 percent haircut since its last trade for $101.5 million in 2016, the Atlanta Business Journal reported. JLL had the listing. The drop in […]

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Florida developer bets on condo comeback with office conversion

TRD Staff — Fri, 11 Apr 2025 21:54:33 +0000

Multifamily conversion is coming for two vacant office buildings in suburban Atlanta. Florida-based Workspace Property Trust wants to rezone the 16-acre campus at 64 and 66 Perimeter Center East for a 449-unit residential development, the Atlanta Business Chronicle reported. The plan includes converting the 15-story tower at 64 Perimeter into condos, and the 8-story building […]

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City silent on promise of lawsuit against landlord

TRD Staff — Mon, 07 Apr 2025 22:00:00 +0000

A class-action lawsuit promised by Atlanta Mayor Andre Dickens and civil rights attorney Ben Crump against an apartment landlord has never materialized. About 200 residents displaced with the city’s condemnation of the Forest Cove complex, at 900 New Town Circle, are still waiting for justice, the Atlanta Journal-Constitution reported. Dickens stood beside Crump and former […]

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Peachtree tower fire-sale is latest injury to downtown district

TRD Staff — Fri, 04 Apr 2025 21:25:53 +0000

A historic piece of Downtown Atlanta real estate is hitting the market at a fire-sale price, the latest blow to the struggling district. Atlanta’s Portman Holdings listed the office portion of 230 Peachtree Street for $14 million, just $50 per square foot, CoStar reported — a sharp drop from the area’s prior highs and an […]

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