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April 2020

Georgia Commercial Real Estate News Highlights 2020

Ashley Capital provides the top headlines and highlights for commercial real estate news in Georgia every quarter. The news updates include the latest property transactions, newest developments, and other eye-catching stories in the industry.

Georgia Commercial Real Estate News

Georgia CRE News – Q1 2020

The Georgia commercial real estate news roundup for Q1 2020 includes: an exclusive interview with our VP in Atlanta regarding Atlanta CRE in the Covid-19 era, Blackhall Studios creating the largest film studio property in Georgia, and Publix assisting their retail center tenants.

Ashley Capital’s VP in Atlanta, Tim Schneider, Interviewed Regarding Atlanta’s CRE Market and How It May Be Affected by Covid-19

Tim Schneider provides Connect Media an exclusive interview regarding Atlanta’s industrial real estate market. Read the Full Interview

Atlanta is the 4th Fastest Growing Metro in The United States

Atlanta was the 4th fastest growing metro area in the United States with nearly 730,000 new residents. It was only topped by Dallas, Houston, and Phoenix in terms of growth. Read More

Plymouth Industrial REIT in Pursuit of More Georgia Industrial Real Estate Properties

Plymouth Industrial REIT acquired a five-building, 924K+ square-foot industrial real estate portfolio in Atlanta and Savannah, Georgia for $34.7 million. They are currently in pursuit of more assets in the region. Read More

Blackhall Studios Could Become Georgia’s Largest Facility Purposefully Built for Film Production

The Blackhall Studios sound stage facility has 850,000 square feet of space, with mill space, office space and 210,000 square feet of sound stages. Read More

JLL Arranges Close to $1B for National Portfolio

JLL Capital Markets recently arranged $991.7M in financing for a 17-property portfolio with more than seen million square feet in total across the United States. Read More 

Shift to Teleworking Testing the True Capabilities of Its Implementation and Effectiveness

BisNow covers how the coronavirus is testing businesses with the imperative shift to teleworking for a majority of their workforce. Read More

Publix Assisting Tenants in Its Retail Plazas

Florida-based Publix is helping its tenants in the shopping plazas they own. They have 282 plazas in their portfolio. Read More

CT Realty & Walton Street Capital Developing 5.7M SF Logistics Park in Columbus

CT Realty acquired a 382-acre property in the Rickenbacker Industrial park in conjunction with Walton Street Capital. The construction of the new logistics park project will be financed by Bank of America. Read More

CIT Bank & BlackRock Create $163M Loan Package for Industrial Portfolio in Atlanta and Around the United States

The financing package created by CIT and BlackRock replaces a previous CMBS debt on 10 Avistone assets located in Atlanta, San Antonio, Dallas, Columbus (OH), Philadelphia, and Charlotte. Read More 

FCP & Greenstone Properties to Deliver Creative Offices Near Atlanta in 2021

The new creative office commercial real estate project near Atlanta, in Alpharetta, Georgia, will break ground in the coming days, and is expected to be delivered in Q1 2021. The six-story, 125K square-foot office space will have a loft-style setting. Read More 

Atlanta Commercial Real Estate Monthly Summary of News Highlights by CP Executive

A run down of the most important news highlights for Atlanta’s commercial real estate market put together by CP Executive, including: Lidl’s new distribution center in the area, and Clarion Partners putting up $70M for a new CRE project. Read More 

Major Marketing Company Renews Lease & Expansion in Atlanta Office Real Estate Park

MarketSource, a marketing and sales company, is expanding its footprint in the Atlanta area with the renewal and expansion of its 625K square-foot office property in Alpharetta, Georgia. Read More

 

Georgia CRE News – Q4 2019

The Georgia commercial real estate news roundup for Q4 2019 includes: predictions for GA’s CRE in 2020, updates for Atlanta’s Beltline project, the top news headlines for 2019major property transactions, and much more.

Positive Predictions for Industrial Real Estate in Georgia and Other Foresights

BisNow’s commercial real estate experts put together a list of predictions for the commercial real estate market in Georgia. Among the possible outcomes, they foresee a positive year for industrial real estate in the region. Read More 

Warner Bros. Continues to Build Up Industrial Commercial Real Estate Presence in Georgia

WarnerMedia, a division of AT&T has been very active in Georgia’s CRE market over the past few years. In 2019, the major Hollywood studio already signed leases for over 500,000 square feet of warehouse properties around the state, and is in talks for acquiring more space. Read More 

Atlanta’s Beltline Project Gets a Facelift Via Converted Warehouse

A new development for the future Beltline project in Atlanta will convert an 80-year-old warehouse into an office real estate space. The creative office project will also act as a vital link for the entire Beltline. Read More 

Despite the Job Market Slowing and Supply Growing in Atlanta, Developers Are Looking for a Big Year in 2020

In the words of BisNow: “Headwinds are blowing into Atlanta’s economy. Just don’t tell that to the city’s commercial real estate industry.” The article covers the upbeat outlook on Atlanta’s CRE market. Read More

BizJournals Covers Georgia’s Top Commercial Real Estate Stories of 2019

A breakdown of the main headlines for 2019, including how Atlanta didn’t lose any steam despite not being selected for Amazon’s 2nd Headquarters. Read More

Ashley Capital’s Georgia North Logistics Center Nears Completion

The first building of the Georgia North Logistics Center project in Adairsville, Georgia is nearing completion. The 769,000-square-foot spec building is part of a major project spanning with an additional 2.5-million square feet in the works. Read More 

JLL Gives JP Morgan Guidance in Sale of Atlanta’s Terminus Office Project for $500M

The sale of JP Morgan’s interest in Terminus 100 and 200, two office buildings in Atlanta’s Buckhead submarket, was in the amount of $503 million. The two mixed-use properties total over 1.2 million square feet of office space and another 86,000 square feet of retail real estate on the ground level. Read More

Zillow Signs Major Lease for Office Space in Atlanta’s Metro

Residential real estate search site, Zillow, inked a long-term lease in at Three Ravinia Drive in Atlanta. The office in Georgia’s capital will be the hub for the Southeastern United States market, including: South Florida, Orlando, Tampa, Charlotte, Raleigh, and Atlanta. Read More

TPG Inks 18-Building Portfolio Near Atlanta for $71M

TPG acquired a 981,720-square-foot flex industrial real estate park near I-85. The industrial park is in the Northeast submarket of the city, and it is a property of over 70 acres. Read More