MARCH 6, 2013
Atlanta Commercial Properties E-Newsletter

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BEN CARTER PROPOSES OUTLET MALL OF GEORGIA IN SAVANNAH SUBURB 
The Outlet Mall of Georgia master plan. Click picture for larger image.
POOLER, GA. -- Ben Carter Enterprises, an Atlanta-based real estate developer, has filed plans with the state of Georgia for the 560,000-square-foot Outlet Mall of Georgia in Pooler, a suburb of Savannah. The project cost is approximately $200 million, according to the Atlanta Business Chronicle. The Outlet Mall of Georgia will feature four anchor stores, a food court, restaurants and additional shops. Peripheral retail and a hotel site can accommodate an additional 500,000 square feet on the property. The proposed development is scheduled to open in the spring of 2014 depending on the state's approval.
 
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CONSTRUCTION TO BEGIN ON NEW ATLANTA-AREA MOVIE THEATER 
SNELLVILLE, GA. -- Carmike Cinemas says construction will begin soon on a new 13-screen theater across from a 43-acre, open-air shopping center development known as The Avenue in Snellville. The Carmike 13 will seat 2,800 moviegoers and include the upgraded "BigD" auditorium with a larger screen, plush chairs and enhanced video and audio. The movie theater chain will also have a grand opening for a 12-screen theater tomorrow in Decatur Mall on Beltline Road in Decatur, Ga.

 

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INFOSYS TO EXPAND IN COBB COUNTY, CREATING 200 JOBS
ATLANTA -- Infosys, a consulting, technology and outsourcing firm, has plans to add approximately 200 jobs in the next year at its Cumberland location in Cobb County. The company also expects additional expansion in the metro area during the next couple of years. Career opportunities include financial services, insurance, healthcare, retail and legal process management services. The Cobb Chamber, the Metro Atlanta Chamber of Commerce and the Georgia Department of Economic Development assisted Infosys in its decision to expand.

 

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JOINT VENTURE SELECTS STREAM REALTY TO LEASE PORTFOLIO 
Deerfield Point includes two Class A office buildings

ALPHARETTA, GA. -- Crocker Partners, through a joint venture with Five Mile Capital Partners, has selected Stream Realty Partners to lease its newly acquired North Fulton portfolio in Alpharetta. The portfolio includes the 203,000-square-foot Deerfield Point, which contains two Class A office buildings. Stream Realty Partners will also lease Windward Pointe, a 129,894-square-foot, Class A property. Crocker Partners and Five Mile Capital Partners acquired both assets during the fourth quarter of 2012. Benjamin Hautt and Kevin Driver of Stream Realty Partners will lead the leasing efforts on behalf of the owners.

  

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Upcoming Events
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CREW Atlanta
March Lunch Program
The Phoenix is Rising: Resurgence of Development & Construction in Atlanta
Thursday, March 14, 12:30 - 1:15 p.m.
The Buckhead Theatre
3110 Roswell Road
Atlanta, GA 30305
Cost: $45/members, $65/guests
Click here for more information.

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Institute of Real Estate Management Georgia
Showcase and Wine Social
Find out how IREM GA can enhance your real estate professional career, educational benefits and networking opportunities. 
Tuesday, March 19, 6 - 8 p.m.
Atlantic Station -- BB&T Building
271 17th St., 17th Floor
Atlanta, GA 30363
Cost: $15/advance, $20/door
Click here for more information.

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IFMA Atlanta Chapter
Monthly Luncheon & Program
"How reliabilities center maintenance trends impact facility managers"
Wednesday, March 20, 11:30 a.m. - 1:30 p.m.
103 West
103 West Paces Ferry Road
Atlanta, GA 30305
Click here for more information.
Cost: $45/Members, $65/Nonmembers

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InterFace Healthcare Real Estate West
4th Annual InterFace Healthcare Real Estate West Conference
Wednesday, March 20, 8:30 a.m. - 4 p.m.
Sheraton Los Angeles Downtown
711 S. Hope St.
Los Angeles, Calif. 90017
Click here for more information.

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InterFace Net Lease West
2nd Annual Interface Net Lease West Conference
Thursday, March 21, 8:30 a.m. - 4 p.m.
Sheraton Los Angeles Downtown
711 S. Hope St.
Los Angeles, Calif. 90017
Click here for more information.

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InterFace Student Housing
5th Annual InterFace Student Housing Conference
A national conference and networking event for all facets of the on- and off-campus student housing industry.
Wednesday, April 10 - Friday, April 12
Hilton Austin
500 E. 4th St.
Austin, Texas 78701
Cost: $595/Early Bird Registration through Feb. 1
Click here for more information.

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Brittany Biddy
Associate Editor
Atlanta Commercial Properties
France Media, Inc.
3500 Piedmont Rd., Ste. 415
Atlanta, GA 30305

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Atlanta Commercial Properties E-newsletter. ISSN 2154-2724.
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