ATLANTA-The Washington, DC-based lender is providing a $3.97 million mezzanine debt package to Greystone Vinings of Tallahassee LLC for the development of Greystone @ Vinings, a five-story, 60-unit property in Vinings, GA.
ATLANTA-Legacy Property Group beats out a field of bidders, paying $2.8 million for the 80-year-old, 10-story former Federal Reserve Bank of Atlanta headquarters near Centennial Olympic Park.
ALPHARETTA, GA-The Atlanta-based REIT pays a Cousins-Prudential joint venture about $86.15 per sf for the 100 and 200 North Point Center East buildings in which Cousins already held an 11.5% ownership interest.
ORLANDO-Orange County property appraiser Bill Donegan's year-long victory means the county will receive about $1.4 million in additional tax revenue from the two hotel chains who lost a bid for a lower land assessment near the Orange County Convention Center.
WINTER HAVEN, FL-Kent Buescher, owner-operator of Wild Adventures in Valdosta, GA, contracts to pay Washington, DC-based Trust For Public Land $7 million for 120 acres in the 150-acre shuttered park. Polk County and the city are buying the remaining 30 acres for $2.5 million.
ALPHARETTA, GA-The Jacksonville, FL-based firm pays Holder Properties Inc. an estimated $150 per sf for the three-building, 465,000-sf package in this Atlanta suburb and brings St. Joe's office portfolio in metro Atlanta to about one million sf.
ST. PETE BEACH, FL-Cigna sells part ownership in Florida's legendary, 75-year-old pink palace for $300,000 per room. The Plasencia Group Inc. of Tampa, FL orchestrated the deal which took two years to complete.
MARIETTA, GA-Atlanta-based Spectrum Realty Advisors lined up the Charlotte, NC-based department store chain which has broken ground on a 7.7-acre, $5.8-million store across the street from Cousins Properties Inc.'s recently completed the Avenue West Cobb retail center in this suburb.
ORLANDO-It took eight months to do the 57,044-sf deal but through research and networking, Realty Capital senior vice president Thomas E. Hankins met the requirements set by buyer FFVA Mutual Insurance Co. and its affiliate, Florida Fruit & Vegetable Association.