NEWS
The residential plug-in
It’s called The Manhattan, a 27-story condominium tower that developers think foreshadows residential development in the Central Perimeter area in coming years. Southeast Capital Partners Inc. is building the 222-unit high-rise as part of Perimeter Place, the massive mixed-use project by The Sembler Co. across from Perimeter Mall… With two mixed-use projects in the works, The Griffin Co. is bullish on the Central Perimeter. “It’s always been a great office market but underserved residentially...
read moreBroker Roundtable
On Jan. 18, three commercial real estate brokers gathered at Atlanta Business Chronicle to discuss the idea of owning space versus leasing it. The participants were: Ken Ashley, associate director at Cushman & Wakefield Atlanta; Alan Joel, principal at Alan Joel Partners; and Kirk Demetrops, senior vice president at The Griffin Co…. Originally Published in the Atlanta Business Chronicle. Read More...
read moreGriffin Co. to turn office complex into condos
Cosmopolitan North has become the latest project to follow the office-turned-residential trend in the Central Perimeter. Local developer The Griffin Co. plans to transform a 138,000-square-foot office complex on Barfield Road into mixed-use with 280 condominium units… Originally Published in the Atlanta Business Chronicle. Read More...
read moreWayne Mason shuttering Gwinnett Partners
Wayne Mason and Marty Kennedy are splitting up and going their separate ways. By all accounts, it’s an amicable separation but one that will shutter Gwinnett Partners LLC after eight years… Buckhead Boutique The Griffin Co. has begun development of 50 Old Ivy in Buckhead. The group is seizing the momentum from its final office condominium sale at the adjacent 34/38 Old Ivy development next to Hal’s restaurant… Originally Published in the Atlanta Business...
read moreBuckhead Boutique
The Griffin Co. has begun development of 50 Old Ivy in Buckhead. The group is seizing the momentum from its final office condominium sale at the adjacent 34/38 Old Ivy development next to Hal’s restaurant Located at the intersection of Habersham and Old Ivy roads, 50 Old Ivy is an 11,600-square-foot, two-story office condominium. Griffin expects to complete the project in February. Griffin has secured a buyer for 50 Old Ivy’s first floor, and...
read moreOn the trail of a trend…
“New Urbanism,” the development concept for real estate planning and design that combines homes, coffee shops and dental offices within easy walking distance of one another, has sowed its seeds all over metro Atlanta… …Atlanta is a young market when it comes to mixed-use, said Kirk Demetrops, senior vice president of The Griffin Co. The vast majority of Atlanta’s developers only three or four years ago were single-use builders, Demetrops said. Their experience was...
read moreAtlantic Station must balance formidable size
While living in Manhattan, 30-year-old Amy Renfrow enjoyed getting along without a car. Soon, the marketing professional, who now works out of a two-bedroom townhouse on 16th Street in Midtown when not mothering her baby, once again will be able to walk to restaurants, the grocery, movie theaters and more at Atlantic Station…. “Even if you don’t live there, it still will be fun to go there and shop,” said Kirk Demetrops, senior vice...
read moreMorris, Manning & Martin stays put at AFC
One of Atlanta’s largest law firms has decided to hold its place in Buckhead. Morris, Manning & Martin LLP has renewed and extended its lease in the east wing of the Atlanta Financial Center on Peachtree Road in Buckhead, said Tori Kerr, project manager for Hines Interests L.P., the co-owner of the office building… A longtime Atlanta developer has sold off its own home. The Griffin Co. has sold its own headquarters, Perimeter Place,...
read moreSelling Griffin’s Perch
A longtime Atlanta developer has sold off its own home. The Griffin Co. has sold its own headquarters, Perimeter Place, an 82,800- square-foot office building at 800 Mount Vernon Highway in the Central Perimeter market. The buyer is Jackson Oats Shaw Corporate Real Estate, the upstart real estate investment firm that rounded up a bunch of money in 2004 to buy commercial properties throughout Atlanta. Originally Published in the Atlanta Business Chronicle. Read More...
read moreHines unloading two metro area buildings
The builders of King & Spalding LLP’s office tower in Midtown are unloading two other area office buildings. In September, California Public Employees’ Retirement System (CalPERS) and minority owner Hines Interests L.P. sold off its interest in Overlook III, a 438,000-square-foot office tower on Paces Ferry Road in Cobb County… Flippin’ burgers The Griffin Co. has scrapped plans for a SoBo (South Buckhead) office condominium building. The developer instead has put the 1.6-acre site...
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