Written: May 8, 2017

Country singer Alan Jackson selling Lake Burton estate for $6.4 million

Country singer Alan Jackson is selling his Lake Burton estate for $6.4 million.

The 7,687-square-foot, lake-front property has five beds and nine bathrooms, according to the listing. It also comes with a two-story boathouse.

“Extraordinary design, materials and craftsmanship define this prominent Lake Burton estate home located on a 1.2-acre manicured lot with majestic mountain, lake and sunset views,” says the listing. Julie Barnett with Harry Norman Realtors is the listing agent.

Jackson, famous for songs such as “Chattahoochee,” is just one celebrity who has called Lake Burton home.

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India-based tire maker Apollo moving North America HQ to Atlanta

India-based tire maker Apollo Tyres Ltd. is moving its North American headquarters to Atlanta as the company launches a U.S. expansion.

Apollo is the world’s 17th-largest tire maker. It recently opened a new plant in Hungary as it expands in Europe.

Apollo’s vice chairman recently stated that “The U.S. plays a real important part for us in our growth strategy,” Rubber & Plastics News reports. “Given now that we have two domestic markets, which is largely Europe and India, our next stop has to be the U.S.” Apollo exec Steven Smidlein has been working to lay the foundation for the company’s U.S. expansion, the publication says.

The Atlanta headquarters will be at 1175 Peachtree in Midtown, TireReview.com reports. Read more here. It will initially have five employees but will grow as the company expands in the United States, Rubber & Plastics News reports. Read the full story here.

 

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President Trump to hold fundraiser for 6th District GOP candidate Karen Handel

President Donald Trump is slated to hold a fundraiser on Friday for Republican 6th Congressional District candidate Karen Handel.

Trump will be in Atlanta on Friday, speaking before the NRA’s annual meeting at the Georgia World Congress Center.

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$1.07B industrial deal includes 20 metro Atlanta properties

Properties in metro Atlanta were part of a $1.07 billion, 19.8 million-square-foot industrial portfolio that DRA Advisors LLC purchased from Cabot Properties Inc.

The portfolio is spread across 21 markets throughout the United States, including major industrial hubs such as Dallas, Chicago, Columbus and Houston as well as Atlanta. Its 184 properties are 94 percent leased to more than 500 tenants, according to Cushman & Wakefield, which along with Eastdil Secured represented Boston-based private equity real estate investment firm Cabot Properties in the trade.

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