Written: May 17, 2017

73-townhome development proposed in Brookhaven

A 54-year-old apartment complex just off Buford Highway in Brookhaven could make way for a brand new townhome development.

The Ardent Companies LLC is proposing to redevelop the Park Villa Apartment complex at 2069 Coosawattee Drive in Brookhaven into 73 townhomes. The developer says in a filing with the city of Brookhaven that the 92 existing rental units, built in 1963 and occupying 6.3 acres in the northeast quadrant of the intersection of Coosawattee Drive and Cliff Valley Way, are functionally obsolete.

The new townhomes would be three stories with facades of brick, stone or siding, and contain 2,200 to 2,800 square feet and have two-car garages.

The project is scheduled to go before the city of Brookhaven’s zoning board of appeals on May 17.

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Jones, Ryan, trail NFL stars in merchandise sales

The Atlanta Falcons may have come within an eyelash of winning their first Super Bowl, but they have a way to go to the top of the National Football Leaguewhen it comes to player merchandise sales.

The Falcons placed only two players on the newest NFL Players Association Top 50 Players Sales List, which tracks sales of officially licensed NFL player merchandise. Both ranked in the middle of the pack.

Wide receiver Julio Jones was the top Falcons player on the list at No. 20, while the NFL’s Most Valuable Player, quarterback Matt Ryan, came in at No. 32.

Dallas Cowboys running back Ezekiel Elliott topped the list, the first rookie to do so. Dallas Cowboys quarterback Dak Prescott was second.

Super Bowl-winning quarterback Tom Brady of the New England Patriots came in at No. 3, with another Cowboy — Dez Bryant — ranking fourth, and the New York Giants’ Odell Beckham Jr. rounding out the Top 5.

Nineteen quarterbacks are on the list, six in the top 10. Following Prescott and Brady are Russell Wilson of the Seattle Seahawks (No. 6), Philadelphia Eagles rookie Carson Wentz (No. 7), Aaron Rodgers of the Green Bay Packers (No. 8), and Cam Newton of the Carolina Panthers (No. 10).

Jones and Ryan actually ranked within the Top 10 in apparel sales. Wentz and Ryan trailed only Brady in plush doll sales.

The list tracks year-end results from March 1, 2016 through February 28, 2017

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Duke Realty selling its medical office buildings, including 11 in Georgia, for $2.8B

Healthcare Trust of America Inc. (NYSE: HTA) and Duke Realty Corp. (NYSE: DRE) announced a blockbuster deal Monday morning in which Healthcare Trust of America will buy Duke’s entire portfolio of medical office buildings, including 11 in Georgia, for $2.8 billion.

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Georgia regents to discuss UGA project, CODA design, Tech golf facility

A significant new project at The University of Georgia, the new CODA tower at Georgia Tech and a golf course at Georgia Tech are among the real estate projects the Board of Regents of the University System of Georgia will discuss at their Feb. 14 meeting.

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Assembly developer: Project to break ground this quarter

After months of silence, the redevelopment of the Doraville General Motors plant is moving forward and is slated to break ground by the end of the first quarter.

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Atlanta office buildings continue seeing historic rent growth

Atlanta’s office landlords continue to enjoy historic rent growth, according to newly released data.

Atlanta’s overall average asking rents set a record in the third quarter, ending at $23.38 per square foot, according to commercial real estate services firm Cushman & Wakefield.

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One response to “Atlanta office buildings continue seeing historic rent growth”

  1. BRIAN BAXLEY says:

    A must read

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