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The Inside Scoop on the People & Places that Shape Atlanta Real Estate
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Shine a Light on Wells
 Scott
Meadows, Managing Director (left) and Pat Freeman,
Senior VP (right) of Wells Real Estate Funds
"It's exciting to win a silver award in our first year of competing
in the NAREIT rankings," Leo Wells, president of Wells, said. "And the real value
is that these awards lead property owners to continue making improvements
in their environmental performance, which is something many tenants
are looking for."
Highlights
of Wells' environmental and energy achievements include six Wells REIT II properties certified with LEED or Green Globe designation, all full-service properties managed according to ENERGY STAR standards with more than 80% exceeding the national average for energy efficiency; and 23 buildings owned by Wells have achieved ENERGY STAR certification.
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Midtown Resource
An aerial view of the Huff Road site to be developed for multi-family use.
Resource Real Estate Partners just brokered the sale of 3.5
acres of premier real estate off Huff Road in Atlanta's vibrant West
Midtown. The site is adjacent to the retail and restaurant center
that is anchored by Bacchanalia, Taqueria Del Sol, and JCT Kitchen. Future plans call for 230 class A multifamily units. Scott McGregor,
Senior Vice President, and John Haynes, Associate, represented the buyer,
Walton Westside, LLC in the sale.
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NFL Power Lunch (not that NFL) Left to right: Leah Yzerman of Eola Capital, Lisa Ward of IDI, Alison Boyer of Miller Martin, and Amy Curry of First Industrial.
The Rooster was invited to the annual NAIOP Future
Leader's (NFL) lunch
with the NAIOP Board of Directors at the Atlanta Financial
Center on Tuesday.
The future leaders used the opportunity to ask questions of the board about
their career experiences, the challenges of staying positive in a weak market,
and getting the most out of their NAIOP experience. Lisa Dunavin, current president of NAIOP,
offered this piece of advice to the leaders of tomorrow: "As with
anything in this world, you get out what you put into it."
 Left to right: Carlos Pineda of Veenendaal Cave, Kevin Lott of Colonial Properties, and Travis Vickers of Baker Barrios. | Banking on Breakfast at NKF
Leza Dabit, Spartan; Sam Chambliss, Little, Crumly & Chambliss, LLP; and John Poulos, Newmark Knight Frank.
The Rooster joined Newmark Knight Frank yesterday morning at their office in midtown for the final breakfast series of the year with Lars Anderson of BB&T presenting. To a mixed crowd of almost 60 real estate professionals, law firms and bankers in attendance, Anderson explained why they stand strong in the struggling market.
Speaker Lars Anderson and Jeff McCoy, both of BB&T.
"We're just country bankers doing our thing," Lars Anderson said smiling, getting a terrific response from the group. He went on to explain how BB&T focuses on strong local relationships and avoids exotic financing to manage in the current economy. With the downward pressure on the values of assets in our market, and the "wind in their face", he explained how BB&Ts capital position and relationship through high quality loans keeps them ranked in the top 10 U.S. banks for commercial real estate lending.
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