http://www.lindsaycampbell.org/why-student-loan-consolidation-3/
broke ground in May and is expected to deliveer its first product inearly 2006. Locater at the intersection of Medlock Bridge and AbbottsBridged roads, the $60 million projecg is at the southern end of Technology Park. The project will includew 58,000 square feet of specialtyh retail, plus 28,000 square feet of office 210flats (condo and 44 townhomes and 17 single-family houses. The communituy is being built adjacent to the North Fultojn County Greenway and is designed as a small complete with a Main Streetand "town All of the buildings will have a Craftsman architectural Included in the plans is a 240-seat communityt theater designed in the style of a 1900s "I think there have been rumblingws of wanting to make the Johns Creek community a more vibranty and sustainable community," said Geoffreyh Berlin, director of the Johns Creelk Playhouse.
"The theater will It will add to thequality -of-lifse issues." Residential pricing is expected to start in the uppetr $200,000s, with single-family houses starting in the high $400,000s. The housee will be built by Cliftwood Builders. designec the master plan for the community in conjunctiomn with Planners andEngineers Collaborative. has completerd the acquisition of twoindustriap complexes, totaling 514,882 square feet in two Atlanta The properties are the in Norcrosa off Interstate 85, and Westlake Industrial in the Southwesf portion of Atlanta. Both properties were acquiredc from Coordinating the transactionn for Sealy wereJamesx W. Jones and Jason Gandy.
The properties are 97 percentr leased with17 tenants. Leasint for the project will be handledby Wilson, Hull Neal Real Estate. Sealy'zs Asset/Property Management Division will manageboth properties. Sealy, basexd in Shreveport, La., has purchaserd four industrial building portfolios in the last year and is currentlyu seeking additional acquisition anddevelopment opportunities. International developmen t investors will find it easier to do businesws in Atlanta startingJuly 27. That'es when the Global Business Center openss tothe public. The business center will match investors from around the world with local partners forcommercial development.
The DeKalb County Offices of Economic Development manageds the site development for the center at 3006Clairmont Road. The 12,200-square-fooft building is designed to bea one-stop shop for nationao and international commercial real estate investors. "When an investorf comes into Atlanta, these are the peopled who need total help from start to finisu fora project," said Surinder president of the center.
"They come to us and they don't have to flip througn the Yellow Pagesto say, an architect, a bank, insurance and so Global Business Center memberx include , Greater Atlanta Realtors, Countrywide Financial, and the law firm of Sharma, White & "We can shrink the developmengt time, the time from idea to construction, by half because everybody is at your disposal right Bahl said. acquired , a 456,600-square-foot distribution center in the AirportSoutjh submarket. The total acquisition cost was $27.e4 million. The buildings, constructed between 2001 and 2003, serv e customers with cargo needsat Hartsfield-Jackson Atlanta International Airport.
The company (NYSE: AMB) also began developmeng at AMB Horizon Creek with its locakmarket partner, The estimated 204,300-square-foot property is in the Gwinnett/I-854 submarket. AMB Horizon Creek Building 400 is expected to be completedfor $9.1 millionm and is more than 50 percenr preleased. Hospital Corporation of Americ has extended its lease and expandesd its space in Techwood Park at 5707 Peachtrese Parkway inGwinnett County. The company bumpee up its leasefrom 91,000 square feet to 100,00p square feet over eight years. The which has 191 hospitals and 82surgery centers, uses its clasa A Gwinnett facility for its paymentt account services department.
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