Praelium Commercial Real Estate, Southstreet Partners Purchase Office Park in Metro Atlanta for $54M
MARIETTA, GA. ? A joint venture between Praelium Commercial Real Estate and Southstreet Partners has acquired Newmarket Business Park, a six-building, 471,486-square-foot office park in Marietta, a suburb of Atlanta. The sales price was not disclosed, but the?Atlanta Business Chronicle?reports the asset sold for $54 million. The joint venture plans to rebrand the property and […]
JV investors buy massive Marietta office park
Charlotte firm takes over management of Pittenger Land deals
A Charlotte real estate firm on Friday closed a deal to take over management of land investments made by Rep. Robert Pittengers former property company. The transaction is the latest chapter in a months-long drama over the future Pittenger Land Investments, founded three decades ago by the Charlotte Republican and run by his wife, Suzanne, […]
Trump to buy Irish resort built by Kiawah Partners
The Donald has a deal to buy Doonbeg. Billionaire real estate investor and TV personality Donald J. Trump announced Tuesday that his Trump Organization is buying the financially ailing Irish golf resort that was developed by locally based Kiawah Partners.
Kiawah Partners sells Freshfields to NYC group
Kiawah Partners has shed another large piece of real estate as it looks to focus on its residential development business. The company said Friday that it sold the Freshfields Village commercial center at the end of Betsy Kerrison Parkway. The buyer was Northwood Investors LLC.
Charlotte’s Southstreet Partners buys Kiawah Island developer
Kiawah Partners, the longtime developer of popular South Carolina vacation destination Kiawah Island, has been bought by Charlotte-based Southstreet Partners, the Post & Courier of Charleston reports. The 10,000-acre island is located about 30 miles south of Charleston, S.C., and is home to high-end vacation houses, two private golf courses and five resort courses.
Starwood, Southstreet Partners acquire 1 MSF North Beach Towers in Myrtle Beach
A Starwood Capital Group affiliate and Southstreet Partners have snapped up North Beach Towers, a two-tower condominium complex along the water in Myrtle Beach, S.C.The partners are now the official owners of the 1 million-square-foot property, including the approximately 100 remaining unsold residences.