Monday, April 25, 2005 by Ed Duggan The Strand, a 15-story, 275-unit Intracoastal-view rental project in downtown West Palm Beach, has been sold to Atlanta-based Margolias Realty Group for $91 million, or an average of $330,909 a unit. Margolias’ offer topped 40 others for the sought-after property at 255 Evernia St., just across from Lake […]
Read MoreThursday, April 21, 2005 South Florida Business Journal A condominium conversion firm has paid $91 million for The Strand, a 275-unit, waterfront apartment community in downtown West Palm Beach. The purchaser, Atlanta-based Margolias Realty Group, bought from Cornerstone Real Estate Advisers. The seller’s representatives were Avery Klann, vice president, and Marc deBaptiste, principal at The […]
Read MoreApril 29, 2004 by Brian Wilson Margolias Realty Group acquired the Athlete’s Foot headquarters, a 162,651-square-foot industrial building at 1950 Vaughn Road in Kennesaw, GA. The building was purchased for $5 million, roughly $31 per square foot, from TAF Real Estate LLC, an Athlete’s Foot affiliated holding company. The facility is comprised of 116,112 square […]
Read MoreFriday, April 16, 2004 Atlanta Business Chronicle Margolias Realty Group has bought The Athlete’s Foot’s 162,651-square-foot world headquarters in Kennesaw for $5 million from TAF Real Estate. The deal was brokered by Vice Presidents Peter Greyling and Ernie Baker of Richard Bowers & Co. The property set on 15.47 acres at 1950 Vaughn Road The […]
Read MoreMonday, February 23, 2004 by Jarred Schenke First comes a merger. Next comes more space. Atlanta-based Cingular Wireless LLC is spreading its office network to a nearby office building. The wireless provider — potentially the nation’s largest after a pending acquisition of AT&T Wireless — is taking 99,000 square feet at the Nortel building, said […]
Read MoreMonday, September 16, 2002 by Jane Bennett The Goodman Co. is taking advantage of a sellers market. The West Palm Beach-based developer of a still-unnamed mall on Duval County’s Southside recently sold shopping centers in Orange Park and Middleburg in North Florida for nearly $20 million. “We couldn’t pass up the opportunity,” said John Dowd, […]
Read MoreJuly 31, 2000 by Michael Boland The Margolias Realty Group has purchased the 50,000-square-foot office building at 4830 River Green Parkway in Duluth from the Hawkins Cos. The acquisition was part of a $14.5 million deal involving two other sites, a 100,000-square-foot warehouse in Columbia, SC occupied by Michelin, and an 83,000-square- foot call center […]
Read MoreMonday, May 8, 2000 by Richard Lufrano, Contributing Writer Location, location, timing. That’s the way Robert Ullmann, president and CEO of Ultima Holdings LLC, would change the overused mantra if he were teaching Real Estate Development 101. Ullmann, whose company is involved in more than 50 projects, has never been one to follow the rules. […]
Read MoreMonday, April 17, 2000 by Matt Gove An already strong Atlanta office market has apparently gotten stronger, according to first quarter office market statistics from Cushman & Wakefield. “I think it’s really a continuation of the pace established during the last two quarters of last year,” said Frances Weyand, senior manager – Southeast of Cushman […]
Read MoreMonday, January 25, 1999 by Martha Netherton The Coca-Cola Co. insists that it has not decided whether it will build new office space in downtown Atlanta, but the requests for proposals the soda giant issued several weeks ago seem to indicate officials are leaning in that direction. The company recently issued four different requests for […]
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