If you’re like me, you regularly come across under-utilized properties and wonder “why has time left that property behind?” Atlanta Magazine contributor Darin Givens did a great job of researching a few of these in his recent article: Who owns these Atlanta eyesores? – Atlanta Magazine. 1655 Peachtree Street, Atlanta, GA 30309 142 Auburn Ave, Atlanta, GA 30303…
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Atlanta’s Apartment Frenzy Here’s the map to go along with our multi-family post from last year: Map of Atlanta’s Apartment Frenzy New projects are being announced every week. Atlanta’s residential development market is back in full swing. We’ll update this post (and map) later this quarter to reflect new deals we’ve picked up on. Please feel free…
Read MoreI spent the afternoon geeking out with a fellow investor about the state of today’s market, NOI, IRR, Cash on Cash, preferred returns and other metrics for quantifying returns on commercial real estate. We generated a few answers and many new questions. It was fun. I was heartened to read that one of my investor heros, David Einhorn, also has…
Read MoreIf you’re regularly in the City Of Atlanta, you’re probably more than aware of the Atlanta Apartment frenzy that has emerged on the heels of the Great Recession. Unless you have 20/200 vision (aka legally blind) or walk around with an eye mask, it’s evident that apartment units are being crammed in every nook and cranny…
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At the intersection of Holcomb Bridge Road and Atlantic Blvd/Peachtree Corners East is a land assembly opportunity 30 years in the making. On the edge of the City of Norcross in what city planners call a Gateway Area (see the eastern corner of # 2 on this map) sits a condominium complex known as Crossings…
Read MoreAtlanta Leasing & Investment is pleased to announce the sale of 2260 Del Ray Road, Thomaston, GA. David Aynes of AL&I represented Thomaston Ventures, LLC, an entity controlled by Sol and Darren Margolias, in the transaction. Solo Cup Operating Corporation acquired the 166,000 SF distribution facility for $4,825,000. Solo Cup (and its acquired predecessors) had…
Read MoreA group led by Nicholas J. Rhodes of SRS Investments acquired Promenade Park from Margolias Ventures, LLC on June 4, 2013. Situated at 3915 Cascade Road, Promenade Park is South Fulton’s Premier Medical and Professional Office Complex. Promenade Park is a four story building measuring over 45,000 square feet. The property sits atop a…
Read MoreAL&I syndicate Future Loans acquires stake in 4.2 acre Jackson multi-family parcel. Survey
Read MoreAtlanta Leasing & Investment principal David Aynes and partner Eric Moody create syndicate Future Loans, LLC to acquire a $3.5 Million loan secured by an outdoor sign portfolio. The Seller has requested that its identity remain confidential.
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