Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Transwestern says Atlanta's medical office market last year absorbed 639,378 square feet and is on track to match or exceed that level in 2018, with absorption of 390,458 square feet already reported in the first half of the year.
New York City-based Tishman Speyer reports the $1,208-per-square-foot sale price for the Seaport District office tower at 200 Pier 4 Blvd. calculates out to the highest ever achieved for a Boston office property.
“Georgia is one of the premier data center development markets in the US,” says CBRE's Tim Huffman, because of low power costs and state tax incentives for data centers.
The New York City office of real estate lending and investment firm Greystone provided a $68.77 million Fannie Mae DUS loan to Quantum Equities for the property purchase.