Entertainer Steve Harvey Pays TV Evangelist David Turner Record $15 Million for Atlanta, GA Area Estate

Perry built his 34,688-SF home outside of Atlanta, GA in Buckhead 
with a design based on the Palace of Versailles in France

Photo credit:  Sotheby’s International Realty

Tyler Perry

BUCKHEAD, GA -- Inventive, creative powerhouse Tyler Perry has charmed his film audiences with his acting, writing and production skills generating massive wealth over $600 million well before the age of 50. 

 He has homes in the Bahamas, Wyoming, Texas, Mulholland Estates in Los Angeles (currently on loan to Prince Harry and Meghan Markle, but chooses to live and work in Georgia on his 1,100-acre property where his film studios are located.

Prince Harry and Meghan Markle

 Partial to the Atlanta area, his longtime home was a palatial mansion in the Paces Ferry community of Buckhead, which he built in 2007 on 17 acres of prime land overlooking the Chattahoochee River. 

 When he sold it for $17.5 million in 2016, it was the highest-priced home in the history of the city, according  to TopTenRealEstateDeals.com.

David Turner

That buyer, TV evangelist David Turner, has sold it once again for $15 million - still the highest-priced home in Atlanta.

Over the top for laid-back Atlanta, Perry built his home with a design based on the Palace of Versailles, but added features that would have left King Louis XIV speechless.

  In addition to a helipad, the 34,688-square-foot home has seven bedrooms and fourteen baths, stately formal rooms, a two-story library, infinity-edge swimming pool outside, resistance pool inside, lighted tennis court on top of a two-story parking garage, fully equipped gym, spa, theater, hobby house and an underground ballroom with catering kitchen.

There are both formal and informal gardens, an entire estate generator, guard house, caretaker’s suite and presidential-level security system including two gated and secured residential entrances.

Perry didn’t hold back when it came to formal landscaping.  Tyler originally spent about $40 million to build the home and a good portion of the money went into full grown plants, trees and topiary shrubs.

Steve Harvey 

 Lush greenery that now spills out into terraced formal gardens from the house with paths twisting through the trees, flowers and plants. 

The grounds include an outdoor pool with a Versailles-style painting on the bottom and seating areas among fountains where guests can relax on bar stools while enjoying drinks and conversation with swimmers. 

Chase Mizell 

 The house and grounds could easily accommodate over a hundred guests with plenty of space left over.

Turner purchased the house from Perry in 2016 and turned it into a production studio for a web-based Christian TV network, Jesus Live TV, and has now sold it to comedian, talk-show-host and self-help author Steve Harvey for $15 million. 

 The agent for the Perry property, Chase Mizell of Atlanta Fine Homes Sotheby’s, listed the home for both the sale to Turner and the sale to Harvey.

CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504
Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

JLL advises JP Morgan on the sale of its interest in Atlanta offices project

Terminus 100 and Terminus 200 office towers, Buckhead, GA

Richard Reid

ATLANTA, GA – JLL announced that, on behalf of institutional investors advised by J.P. Morgan Asset Management, it has advised on the sale of an interest in Terminus 100 and 200, which had a total transaction value of $503 million. 

The two Class A office buildings total more than 1.2 million square feet of LEED Silver-certified office space and 86,000 square feet of ground-floor retail in Atlanta’s Buckhead submarket.

The JLL Capital Markets team representing the seller was led by Senior Managing Directors Richard Reid and Ryan Clutter and Managing Directors Huston Green  and Ralph Smalley.

Standing at 27 stories at 3280 Peachtree Road, the 656,000-square-foot Terminus 100 was completed in 2007 as the first tower at the mixed-use Terminus project. 

Ryan Clutter 

The 25-story Terminus 200, which houses 565,000 square feet, was completed in 2009 and is located at 3333 Piedmont Road Northeast. 

The buildings and grounds include designated parking structures with valet parking; the Gallery Walk at Terminus, which is a series of ongoing exhibitions that rotate every quarter; and The Commons, which houses retail, restaurant and service tenants.

Located in the heart of Buckhead where Peachtree and Piedmont streets intersect, Terminus is on the Buckhead Loop with excellent access to Georgia 400.

 A MARTA station and more than 15 hotels, 100 retailers, 50 restaurants 25 specialty retailers and about 5,000 residential units are all within walking distance of the project.

Ralph Smalley

“Terminus is an iconic Atlanta office asset with an irreplaceable location in the Buckhead submarket,” Reid said. 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization.

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

Huston Green

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.

Contact: 

Kimberly Steele, JLL Digital Content/PR Specialist

Phone: +713 852-3420

Email: Kimberly.Steele@am.jll.com

 jpmorganassetmanagement.com

jll.com

HFF secures refinancing for Buckhead Tower in Atlanta, GA

                           

Buckhead Tower, 3399 Peachtree Road NE, Buckhead, GA

Ed Coco

 ATLANTA, GA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured a refinancing for Buckhead Tower, a 348,000-square-foot, Class A office tower in Atlanta’s Buckhead submarket.

Working on behalf of the borrower, a partnership managed by Parmenter Realty Partners, HFF placed the loan with MetLife Real Estate.

  

Buckhead Tower is situated on a 1.96-acre site at 3399 Peachtree Road NE, directly connected to the Lenox Square Mall and JW Marriott Hotel in Buckhead. 

This location is close to GA-400 and Interstate 85 and has direct MARTA and BUC bus transit options adjacent to the property.  The 19-story tower offers tenants a full-service café, fitness center, structured parking and 24/7 controlled access.

The HFF debt placement team representing the borrower was led by senior managing director Ed Coco and senior real estate analyst Matt Casey.

“Accessibility provided both by MARTA and GA-400, as well as the desirable amenities offered from Lenox Square Mall, have Buckhead Tower well-positioned to capitalize on continued leasing strength in the Buckhead submarket,” Coco said. 

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

Olivia Hennessey

Public Relations Specialist

HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046

tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

ohennessey@hfflp.com