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TerraCap Management Bailey Park is a five-building office park located in the northwestern Atlanta suburb of Kennesaw, GA. The office park is located in the 1,000-acre Barrett Park and consists of four single-story office buildings and one two-story office building. The property was developed in 1988 and totals 197,549 square feet. TerraCap acquired the property in January 2016 and, over a 5-year hold period, executed its value-add business plan to increase the property s occupancy, rental rates, and net operating income. Albert Livingston, TerraCap Partner and National Director of Asset Management said, Bailey Park was acquired in transition with below market occupancy rates. The property was rebranded with new signage, landscape and site upgrades, and a new paint scheme. This allowed our leasing team with Lincoln Property Company to push occupancy, rental rate, lease term, and tenant quality. We are confident this will provide the buyer with a solid asset for years to c ....
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Delta Air Lines promotes Keyra Lynn Johnson to chief diversity officer bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Share this article Share this article ATLANTA, March 9, 2021 /PRNewswire/ CBRE Group, Inc. Vice Chairman Tom Shafer announced today that he is departing the world s largest commercial real estate services and investment firm to build an unparalleled investment sales/capital markets platform at Capital Real Estate Group. This new business line aims to deliver exceptional results to valued clients around the globe. Shafer believes this kind of client experience is what top-level commercial entities would be clamoring for; if only they knew it existed. Capital Real Estate Group Vice Chairman, Thomas R. Shafer The S-Team experience is really more about managing relationships, understanding what clients own, and providing services to them before they ask, Shafer said. It s simple, our scored clients receive tailored, real-time information that they need to make better decisions and create value. The S-Team delivers this to clients before they realize they need ....