Newsroom - October 2015

The Firm represented a joint venture of CBRE Global Investors (CBREGI) and North American Properties (NAP) in connection with the sale of the 586,000 square foot Atlantic Town Center to Hines, the international real estate firm, on behalf of an institutional investor. The transaction closed on Sept. 30, 2015. Atlantic Town Center anchors the Atlantic Station® mixed-use development, situated on the former Atlantic Steel site, which also includes three Class A office towers, several multifamily communities, a full-service hotel and freestanding Ikea, Target and Dillard’s locations. The Parker Hudson team was led by Kenneth H. Kraft and J.P. Fougerousse.

“This was an extraordinarily complex, multi-layered transaction involving an iconic Atlanta property,” said Kraft. “We are honored that the CBREGI/NAP venture turned to our firm for counsel on this marquee transaction.”

Parker Hudson’s Real Estate Group represents owners and developers in real estate acquisition, disposition, development, leasing, capital investment, financing and asset management. Parker Hudson has closed investment sales transactions exceeding $2 billion since 2012.

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Upcoming Events

2/28/2019 - Tracy Field, a healthcare partner in our Atlanta office, will be presenting "Legal and Practical Considerations in Analyzing Potential Overpayments" at the Long Term Care and the Law program for the American Health Lawyers Association in Phoenix, Arizona, on February 28 and March 1.

3/29/2019 - Tracy Field, a healthcare partner in our Atlanta office, will be presenting "Anatomy of an Overpayment Analysis for Providers" at the North Carolina Healthcare Financial Management Association's 2019 Annual Conference in Pine Hurst, North Carolina, on March 29.

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