Thursday, June 12, 2014

Ackerman & Co. Sells Rainwater Restaurant in Alpharetta, GA to Ruth’s Chris Steakhouse

Steve Langford
 Atlanta, GA – Ackerman & Co. has brokered the sale of an 18,248-square-foot, turnkey restaurant building in Alpharetta, Ga. to Ruth’s Chris Steakhouse.

 Forgoing the option to lease, Ruth’s Chris purchased the land and two-story building at 11655 Haynes Bridge Road – formerly award-winning Rainwater restaurant – just off Georgia 400.

Built in 2001, the 2.3-acre property fronts Haynes Bridge for maximum visibility and is in close proximity to the Greater North Fulton Chamber of Commerce.

 “That alone should provide Ruth’s Chris with an immediate and consistent stream of business,” said Steve Langford, investment sales vice president at Ackerman. Langford, along Alan Shaw from the Shopping Center Group, represented the seller, J.D.F. Holdings, LLC, in the transaction.

Alan Shaw
Ruth’s Chris plans to relocate its Sandy Springs restaurant to the new Alpharetta location by the fall. The company will operate the restaurant on the first floor and use the second level for their corporate offices. 

This sale was a unique opportunity for a national owner/occupier to take advantage of current market pricing, expand and relocate an existing business, and be in one of metro Atlanta’s most affluent and sought after communities.

 For a complete copy of the company’s news release, please contact:

Fara Wilson, VP of Marketing
770. 913.3904  |

Moseley Joins C&W as Firm's Management Portfolio Expands in Jacksonville, FL

Harry Moseley
JACKSONVILLE — Cushman & Wakefield of Florida is pleased to announce that Harry Moseley has joined the firm's Investor Services group as a Director of Engineering for the state of Florida.

Mr. Moseley will be based out of Cushman & Wakefield's quickly expanding Jacksonville office while servicing the firm's 9.0 million-square-foot Florida portfolio.

Mr. Moseley has more than 20 years of senior leadership experience managing 15 million square feet of commercial real estate. He spent the past 18 years at CBRE serving most recently as Operations Manager where he oversaw the direction of daily operations at 75 properties spanning the spectrum of office, retail and industrial.

"Harry will be a tremendous asset to both our firm and our clients," said Tim Rivers, Managing Director of Investor Services for the state of Florida. "He is uniquely qualified to ensure excellence of service across our growing state-wide portfolio."

Tim Rivers
Mr. Moseley studied General Studies and Technical Studies at Florida State College at Jacksonville. He is a National Glass Association Certified Glass Technician, certified Building Owners Managers Institute System Maintenance Administrator and is a universally certified EPA Section 608 technician.

For a complete copy of the company’s news release, please contact:

Harry M. Moseley
Director of Engineering — Investor Services
O - 904.380.9085
M - 904.545.0158

Cushman & Wakefield of Florida, Inc.
121 West Forsyth Street
Suite 900
Jacksonville, FL 32202