ATLANTA-Macauley Properties is developing Ridenour, a $280 million, 88-acre, mixed-use project with 24 acres of green space near Kennesaw Mountain in Cobb County, northwest of Downtown.
ATLANTA-At 207 acres, the project is the largest urban park to open in the United States in more than a century. Former President Jimmy Carter, Gov. Roy Barnes and Atlanta Mayor Bill Campbell officiated at opening ceremonies.
ATLANTA-CS Integrated paid $1.7 million, or $51,515 per acre ($1.18 per sf), for the dirt in the 795-acre Greenwood Industrial Park at I-75 and GA 155, near Hartsfield Atlanta International Airport.
ATLANTA-The country's largest home improvement chain is sub-leasing an 18-acre site from Sam's Club, a Wal-Mart subsidiary, to remodel an existing 105,000-sf building. The design center anticipates a spring 2001 opening.
ATLANTA-To do the renovation, Richard Bowers Co. is designing an underground parking garage to link the 305,000-sf structure at 260 Peachtree St. with his own property next door. The configuration gives the old asset an additional 475 parking spaces, a rare commodity Downtown.
ATLANTA-The local e-commerce firm gets $25 million in the first direct investment of a real estate industry consortium and another $10 million investment led by Austin Ventures. FacilityPro is a B2B electronic marketplace for commercial property managers and suppliers.
DECATUR, GA-The developer is targeting e-commerce tenants. Retail will occupy the ground level of the two-story, 15,000-sf structure. Occupancy should be ready by year end. The four-square-mile town has 300,000 sf of office space and a vacancy rate of under 3%.
ATLANTA-Newpoint Commons is going up on a 31-acre tract in northeast metro Atlanta. Area rents for distribution space are $4.65 per sf to $5.50 per sf. The first 212,900-sf phase will be finished next spring.
DECATUR, GA-The developer is targeting e-commerce tenants. Retail will occupy the ground level of the two-story, 15,000-sf structure. Occupancy should be ready by year end. The four-square-mile town, a few miles east of Atlanta, has 300,000 sf of office space and a vacancy rate of under 3%.
ATLANTA-The developer is building townhomes, condos and lofts above commercial space at the 26-acre, mixed-use site in the Smyrna area of Cobb County, about 15 miles northwest of the center city.