Atlanta

Walker & Dunlop brokered the transaction for the 180-unit property, which is capturing some of the highest rents in the state, for Bluerock.

The 500,000-square-foot office development in the West Midtown submarket along the 17th Street corridor, will consist of two distinct buildings.

The sale of the Wellington charter school property follows the late March sale of two charter schools in Orlando and Wellington by ESJ Capital Partners and MG3 Developer Group of Hollywood, FL to affiliates of Charter Schools USA of Fort Lauderdale.

The new lease deal was signed on April 19, two days after the office building was sold, according to Colliers International. The lease expands the company's presence at the property from 73,005 square feet to 106,957 square feet.

Originally built in 2006 within the Hembree Park master-planned community, the Roswell Distribution Center comprises two buildings featuring 26 dock doors, two drive-in doors and clear ceiling heights up to 24 feet.

With the four new hires, in less than four months Cresa has hired 123 employees, bringing its worldwide workforce to more than 1,100.

Holliday Fenoglio Fowler, L.P., which worked on behalf of Beachwold, reports that the financing will be used to refinance existing debt on the 400-unit The Place at Alafaya in Orlando and to acquire Litchfield Place, a 76-unit development in Savannah.

The $125-million project being built atop an existing parking garage will feature 345 apartments, including 70 workforce units.