Transwestern Brokers 39,869 SF office lease at Northchase Office Park in Atlanta

ATLANTA, GA, Mar. 17, 2010-– Transwestern’s Atlanta office announced it has completed a 39,869 square foot lease at Northchase Office Park, located at 1090 Northchase Parkway (top left photo) in the Cumberland/Galleria area of Atlanta.

The tenant, NCDR, LLC, provides dental facilities, support staff, and other non-clinical dental services to dental group practices.

The company’s principal client is Kool Smiles, a national provider of children’s dental care focused primarily on children enrolled in Medicaid or state-sponsored health insurance programs. The company is relocating from Galleria 400.

“Relocating to Northchase Office Center is a positive move for NCDR,” said Rush Bradley, (bottom right photo)  vice president with Transwestern. “They were looking to remain in the Galleria area and we were able to provide them with the best possible option for attractive space at a competitive rate.”

Bradley represented the landlord/receiver. Pac Zachary of GlassRatner Management & Realty Advisors, LLC. William Wood and Furman Wood of Commercial Property Professionals represented NCDR.

Northchase Office Park currently offers office suites ranging in size from 5,000 to 70,000 square feet. The park offers great visibility from Delk Road with immediate access to I-75.

Contact:  Tony Wilbert, twilbert@wilbertnewsstrategies.com

RREEF Selects Transwestern to Manage Georgia Commercial Property Portfolio

ATLANTA, GA, Dec. 11, 2009-- Transwestern today announced that it has been selected by RREEF to take over the property management of 1,773,174 million square feet of its Georgia portfolio, which RREEF owns on behalf of their institutional clients.

Prior to the selection of Transwestern, the majority of the properties had been managed directly by RREEF, which is transitioning out of third party management, but will continue as the asset manager.

According to Bruce Ford, (top right photo) Transwestern’s Southeast region leader and executive vice president, “We are pleased to be awarded this prestigious portfolio. RREEF is a company we have long worked with and admired.

"We also have a common culture, so this is a natural fit for us. By partnering up on this particular portfolio assignment, we are certain we can deliver the best possible results for RREEF’s institutional clients and the building tenants.”

The transition of the portfolio to Transwestern is expected to be completed by the end of 2009.

RREEF Real Estate acquires and manages investments in commercial and residential property, and real estate securities on behalf of its institutional and private clients worldwide. Its product offering is global and comprehensive, including core, value-enhanced and high yield property investments as well as investments in publicly traded real estate securities. RREEF Real Estate has more than $53.4 billion in assets under management worldwide as of September 30, 2009.

Transwestern, one of the largest privately held commercial real estate and development firms in the U.S., is focused on creating value for our clients in each local market we serve. Please visit us at http://www.transwestern.net/.

Media Contacts:

John T. Gallagher ,713.270.3336, Johnt.gallagher@db.com
Stacey Eddington,  212.250.4516, stacey.eddington@transwestern.net
Tony Wilbert, Wilbert News Strategies, twilbert@wilbertnewsstrategies.com

Transwestern's Atlanta Investment Services Group Sells $20.2M in Assets Over the Past 90 Days

ATLANTA, GA - Transwestern's Atlanta office announced today that its investment services group, led by Kevin Markwordt, (top right photo),  Jon Kleinberg, (middle left photo)  and Mike McGaughy, (bottom right photo)  has closed more than $20.2 million in sales in Atlanta over the past 90 days.

Southlake Festival, an 81,725-square-foot retail development sold in October, is located in the City of Morrow. Markwordt and Kleinberg represented Wells Fargo Bank, the owner of Southlake Festival. Malon D. Mimms Company purchased Southlake Festival for $1,600,000.

In August, the group's Kleinberg and McGaughy sold Ivy Place, a 122-unit multifamily property in Atlanta, for $8,750,000, and Windmont, a 178-unit multifamily property in Atlanta, for $9,889,000. They represented Equity Residential, the seller of the properties.

"What we're seeing is that despite a slow market, Transwestern is performing for its clients," said Bruce Ford, executive vice president and leader of Transwestern's Southeast region. "We attribute this success to the fact our team relies on a more personal approach with direct solicitation of a highly-targeted list of likely purchaser prospects."

Markwordt, Kleinberg, and McGaughy have almost 70 years of combined experience in the commercial real estate industry, and together have sold more than $3.0 billion in retail, office, multifamily, industrial, and land assets throughout the Southeast.

Transwestern, one of the largest privately held commercial real estate and development firms in the U.S., is focused on creating value for our clients in each local market we serve.

Transwestern's unique business model offers fully integrated real estate services and operates through six distinct functional lines of business - agency leasing, property and facility management, investment services, tenant advisory, development and research - for a broad range of property types, including office, industrial, retail, healthcare and multifamily.

Transwestern leads the industry in sustainability and has received multiple EPA ENERGY STAR®awards. We have partnered with our clients and the USGBC to pursue LEED® certification on projects across the country.

 Please visit us at http://www.transwestern.net/.
Media contact:  Tony Wilbert, twilbert@wilbertnewsstrategies.com
404-888-3091 office, 404-405-3656 cell