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The Inside Scoop on the People & Places that Shape Atlanta Real Estate | |
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CBRE Deals a Full House
   Frank Fallon, Chris Riley and Brian Budnick of CBRE Atlanta.
With
the local investment market under a freeze warning, CB Richard Ellis' top industrial
investment sales team went south to the sunshine state to broker a 100%
occupied building. CBRE's Atlanta Industrial Investment Properties Group brokered 7575 Chancellor Drive for seller AMB Property, L.P. in a recent transaction. The property is a single-tenant bulk distribution
facility totaling 201,600 square feet in Orlando, Florida.
The building was sold to High Street Real Estate Fund III, L.P.
The property is located in the heart of Orlando Central Park in the Southwest Orange County submarket. It is occupied by Walgreen Co.
CBRE Atlanta's Executive Vice Presidents
Frank Fallon and Chris Riley, along with Associate Brian Budnick and CBRE
Orlando's David Murphy, Senior Vice President, brokered the sale of the
building on behalf of the seller.
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Grab Dinner at Bistro Niko Tonight
 Left to right: Janine Cave, Bill Weghorst, Faye Phillips and Ed Cave.
One of Atlanta's finest high-rise condominiums, Sovereign, celebrated the addition of Bistro Niko at an exclusive
engagement last Tuesday evening. The newest Buckhead Life Group eatery, the restaurant is a French-style bistro and doors officially open for dinner tonight.
"With the opening of Bistro Niko our homeowners now have a number of
dining choices without having to leave the comfort of the Sovereign
building," said Kristi Torgler, director of sales and marketing at
Sovereign. "Buckhead Life Restaurant Group restaurants are known for
providing unparalleled dining experiences, and we are excited to
welcome Bistro Niko as a part of the Sovereign community."
From left, Kevin Thomas, Wes Vater and Carol Kranig enjoy an exclusive sneak peek of Bistro Niko.
Sovereign was developed by Atlanta-based Regent Partners, LLC and is located at 3344 Peachtree Road in Buckhead. The 50-story mixed-use tower includes more than one-half million square feet of Class
A office and retail space, with 82 residences above.
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Stressbuster Happy Hour
 According to the happy hour attendees, these guys don't look too distressed!
James "Sandy" Stice, left, of Atlantic Investors Group, talks about the
market with Christie Hawver, center, and Kris Cooper, both of Jones
Lang LaSalle. They attended a cocktail hour Wednesday evening that
kicked off France Publications' InterFace Distressed Real Estate
Conference, which continues today at the InterContinental Buckhead. Stay tuned for conference details to follow with the Rooster!
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New Assignments in Riveredge
 Cindy Jedlinsky Coombs of Newmark Knight Frank.
A simple cock-a-doodle-doo is in order for Cindy Coombs, the new Director of Leasing of Newmark Knight Frank, for her new exclusive leasing assignment of the Riveredge buildings!
Signed deals, ground breakings and listing agreements are something to shake your tail feathers about! Tell our editor all about what you inked and we'll do our best to share your success with all the Rooster readers.
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Rooster Goes on Buckhead Tour
 The familiar Buckhead skyline in Atlanta.
Catch the Rooster! We'll be out with the Young Council of REALTORS as they bus through the Buckhead Community and Lenox Mall. this afternoon. Considering all the change that has occurred in Buckhead in the past
few years, the tour will be a great opportunity to educate and update real estate
professionals on the submarket in a unique hands-on environment. Brokers in attendance earn three credit hours for Continuing Education.
All's well that ends well, of course. Happy Hour follows the bus tour at The Bucket Shop in Buckhead. Surely there could be worse ways to satisfy educational requirements for the Georgia Real Estate Commission!
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