Atlanta

With the passing of one partner, Rubenstein determined that since cap rates for sales are attractive, and warehouse and logistical center property is in demand, it was a good time to sell, says Mandelbaum Salsburg attorney Owen Hughes.

Upon the acquisition of the 300,000-square-foot Piedmont Center 14, The Ardent Companies' ownership within Piedmont Center totals 10 buildings and approximately 1.7 million square feet on 32.8 acres in the Buckhead section of Atlanta.

Last week, FCP announced the $29.5-million acquisition of the Chroma Park, a 210-unit garden-style apartment community located at 2105 Mesa Valley Way in the Atlanta suburb of Austell, GA.

His new role is part of the company's strategic shift to a broader approach in delivering services.

IDI Logistics, in its 30-years of operation, has developed more than 100 world-class business parks and 750 warehouses totaling more than 200 million square feet throughout North America.

The purchaser, an affiliate of Salt Lake City-based Bridge Investment Group, has added nine senior housing properties to its portfolio with the deal to acquire Somerby, which is headquartered in Birmingham, AL.

In an EXCLUSIVE GlobeSt.com article, Phil Lavoie, COO of the Gotham Organization, explains why developers should consider food halls as a proven retail concept.

The company announced earlier this year its plan to sell all 26 of its American Golf-owned properties and expects to generate nearly $175 million in capital from the sales.