AUSTIN-A joint venture between AMLI Residential Properties and BPMT, a European pension fund, is making its fifth purchase in an aggressive acquisition plan backed by $425 million. The most recent purchase is a 487-unit JPI project.
ATLANTA-Miller Zell signs seven-year lease with renewal options at the new 55-acre property as developer M.D. Hodges Enterprises Inc.breaks ground on a second, 312,000-sf asset in south Fulton County near Atlanta International Airport. The estimated value of the lease is $12.6 million.