Company
News
December
2007
Industrial Lease
HOT WHEELS IMPORT COLLISION,
INC. has leased with an option to purchase a building in
Marietta
Georgia
where it will be relocating its business from elsewhere in
Marietta
. The leased building comprises 20, 200 square feet on 1.59 acres.
The facility is located at
2001 Polytechnic Lane
. The building is owned by a
partnership named Hickory Kennesaw Partners.
Kyle Realty has also been retained as the sales agent for the present Hot
Wheels facility located on
Barnes Mill Road
in
Marietta
. Kyle Realty Company was the sole
real estate broker in the truncation and represented the tenant.
Hot Wheels has operated its business for over 27 years in the
Marietta
area but is well known throughout the Southeast Region.
November
2007
Retail Lease
FANTASTIC NAIL SALON has leased
1,132 square feet of retail space in Pleasant Hill Station located at
2442 Pleasant Hill Road
in
Duluth
Georgia
. The tenant is a landmark nail
salon in the region and is relocating from another shopping center in the area.
Fantastic Nails has operated for over ten years in the same location.
Pleasant Hill Station is owned by BM REAL ESTATE LLC.
Kyle Realty Company was the sole real estate broker in the transaction
and represented the landlord. The
new salon is scheduled to open in early December.
Retail Lease
TAEKWONDO PLUS, a taekwondo
studio based in
Columbus
Georgia
has space in
Westhill
Shopping Center
located in Newnan
Georgia
. The new studio incorporates 2,400 square feet of leased area and will be the
third studio in the company.
Westhill
Shopping Center
is owned by LOWER FAYETTEVILLE LLC, a partnership of principals of Pathway
Communities in
Peachtree City
Georgia
. The new facility will be under
construction during November and is expected to open in mid-December.
Kyle Realty Company was the sole real estate broker in the transaction
and represented the tenant. Taekwondo
Plus is a client of Kyle Realty Company as reported in this news section in June
2007.
August
2007
New Listing
THE CHARLES FAMILY TRUST of
Atlanta
has retained Kyle Realty Company to market for lease its retail/auto center
located at
2965 Holcomb Ferry Road
in
Roswell
Georgia
. The project consists of 22,288
square feet of retail and automotive services space.
At present the project has two vacancies, one is 840 sq ft and the other
is a former day care facility that incorporates 6,200 sq ft of space.
July
2007
Retainer Client
TAEKWONDO PLUS of
Columbus
Georgia
has retained Kyle Realty Company to assist it in its expansion into other areas
of
Georgia
. The company hopes to open its first new facility early in 2008.
Taekwondo Plus is a member of International Taekwondo Alliance [ITA], an
international association of taekwondo academies.
June
2007
Retail Property Lease
RBC CENTURA BANK has leased land
from PMT PARTNERS XIII, LLC at
1614 Mt. Vernon Road
on an outparcel of CVS/RBC Plaza Shopping Center.
RBC presently has a branch bank at the location and the newly acquired
land will become the location of an Automated Teller Machine.
Kyle Realty Company, Inc. represented the landlord and was the sole
broker in the transaction. The new ATM should be in operation in the early fall.
May
2007
Industrial Property Sale
YOUNG AMERICAN PROPERTIES, LLC has purchased
401-413 Wallace Road
in
Marietta
. The property consists largely of
four industrial buildings that total approximately 15,000 square feet of
office/warehouse that is 100% leased and almost 2 acres of industrially zoned
land. The seller is W. KENDALL GUYER
who has owned the property since 1983. Kyle
Realty Company, Inc. represented the buyer and Keller Williams represented the
seller. Kyle Realty also arranged
the financing of the property though Wachovia Bank.
Restaurant Lease
REINA GALARZA and SARA RIOS have
leased a restaurant property located at
2134 Fairburn Road
in Douglasville from VANNA DUONG. The property is a former Huddle House and
most recently was Eagle Restaurant. The
new restaurant will be named Reina’s Diner which is the restaurant that Ms.
Galarza owned and operated for many years in Farmingdale
New York
before she relocated to
Georgia
. The restaurant will feature
American and Central American food. It
is scheduled to open this summer. Kyle
Realty Company, Inc. was the sole broker in the transaction and represented the
landlord.
March
2007
Industrial Sublease
ERGO STAR, a division of Young
Corporation, www.youngcorporation.com,
has subleased 6,435 square feet of office/warehouse from Mervyn Windows in a
business park known as
Corporate
Lakes
Business
Park
in Lawrenceville. The park is owned
by Shaheen & Company. Young
Corporation manufactures and imports office chairs.
This will be their
Southeastern US
distribution center. Kyle Realty Company represented the subtenant and NAI/Brannen
Goddard represented the tenant in the transaction. The company hopes to have its
new office open in April.
February
2007
Industrial Lease
STONECRAFTERS
USA
has leased 5,400 square feet of industrial space located at
401 Wallace Road
in
Marietta
for its new offices and finishing facility. Stonecrafters
imports granite and finishes products for kitchen and bathroom countertops and
sinks. The company will be relocating from its present location in Fulton
Industrial. The new facility will be under construction during March with an
opening for business in April. The property is owned by W. Kendall Guyer. Kyle
Realty Company, Inc. was the agent representing the landlord and GVA Advantis
represented the tenant in the transaction.
January 2007
Office Client
ANDY ONCALL OF ROSWELL [www.andyoncall.com] has retained
Kyle Realty Company to help it locate an office in the Alpharetta/Roswell area
for its headquarters. The company will be relocating from their present location
in Alpharetta. The company hopes to
have its new office open in February.
Retail Lease
FAMILEES PHARMACY has leased 1,400 square feet located in
Pleasant Hill
Station
Shopping Center
in
Duluth
for its new
Gwinnett
County
location. Familees is a pharmacy
established in 1986 and will be relocating form its present location on
Buford Highway
. The new pharmacy will be under construction during January with an opening for
business in early February. The shopping center is owned by BM Real Estate LLC.
Kyle Realty Company, Inc. was the agent representing the landlord and was the
sole agent in the transaction.
December
2006
Retail Lease
FABRIC WORLD has leased 9,600 square feet of retail space in
Marietta
Parkway
Plaza
located in
Marietta
or one of its fabric stores. The
tenant is an
Atlanta
based company founded over 30 years ago with stores through out the Southeast.
The shopping center is owned by Buford-Clairmont Company, Ltd. The new
store will open in February. Kyle Realty Company, Inc. was the agent
representing the landlord and was the sole agent in the transaction
November
2006
Retail Lease
FRANKLIN PRINTING COMPANY has renewed their lease in The
Balconies Shopping Center for its printing business.
The shopping center is owned by Courtyard Joint Ventures and Bilbet, Inc.
Kyle Realty Company represented the tenant as its agent in the transaction and
Newburger-Andes & Company, Inc. was the broker representing the Landlord in
the transaction.
Office/Industrial
Lease
SHOOKAS GRANOLA BAKING COMPANY has leased 2,650 square feet
in
West
Oak
Business
Park
for its central offices and bakery. Shookas
produces a line of baked granola and other baked goods that are sold in over 70
retail outlets through out the
Southeastern United States
. The company will be relocating
from their present location in Norcross
Georgia
and will commence operations in January in their new location.
West
Oak
Business
Park
is owned by Shaheen and Company. Kyle Realty Company represented the tenant as
its agent in the transaction and was the sole broker in the transaction.
October
2006
Retail
Lease
MARIETTA MARTIAL ARTS has leased 5,208 square feet located
in
East
Lake
Shopping Center
in
Marietta
for one of its martial arts studios, the second in the Marietta/Cobb County
area. The company was founded in
2003 and has become the preeminent martial arts facility in the general region
with over 200 existing students. The
studio will be under construction during the fall with an opening for business
in early January. The shopping center is owned by Malon D. Mimms Company. Kyle
Realty Company, Inc. was the agent representing the tenant and was the sole
agent in the transaction.
September
2006
Restaurant
Lease
EAGLE RESTAURANTS has leased 1,900 square feet that formerly
was a Huddle House located at
2134 Fairburn Road
in Douglasville. The restaurant is owned by Jose Hernandez and Mercedes
Hernandez who formerly owned a restaurant in
Massachusetts
before they moved to Douglasville. The restaurant will serve food native
to
Central America
. The business is scheduled to open at the beginning of November. Kyle
Realty Company represented the landlord as its agent in the transaction and was
the sole broker in the transaction.
August
2006
Office/Warehouse
Lease
BASS BOYS LLC has leased 2,400 square feet located in
Peachtree
Corporate
Center
for its
Atlanta
headquarters. The company sells and distributes a line of fishing tackle
and is a division of Picasso Outdoors. Kyle Realty Company, Inc. was the
agent representing the tenant and Lavista Associates was the agent representing
the landlord. The property is owned by NTS Realty Holdings.
June
2006
Industrial
Build to Suit/ Lease
W.
W. GRAINGER, INC. (NYSE: GWW) has leased 27,104 square feet office/warehouse/
showroom space at 641 South Marietta Parkway in Marietta Georgia to be developed
by a affiliated partnership of Buford-Clairmont Company, Ltd.
Grainger is relocating its present location elsewhere in
Marietta
as the result of road improvements that are necessitating the move.
Ground-breaking took place in June and the business is scheduled to open
in December. Kyle Realty Company
represented the landlord in the transaction and Cushman & Wakefield of
Georgia, Inc. represented the tenant.
Retail
Lease
DUNWOODY
VETERINARY CENTER PC has leased premises for its medical center at
1610 Mount Vernon Road
in Dunwoody
Georgia
in the CVS/Flag Bank Plaza Shopping Center.
The premises consists of 1,750 square feet of building area.
The facility will commence construction in July and is scheduled to open
in the fall. The property is owned
by the Paul Mitchell Family Trust. Kyle
Realty Company, Inc. was the sole real estate broker in the transaction and
represented the landlord.
Lease
Renewal
AUTO
EXPRESS has renewed their lease at
407 Wallace Road
located in
Marietta
Georgia
. The premises contains 1,150
square feet of leased area. The
property is owned by W. Kendall Guyer. Kyle Realty Company, Inc. was the sole
real estate broker in the transaction and represented the landlord.
May
2006
Retail
Lease
CARTRIDGE WORLD has leased 1,200 square feet of retail space in Shops at
Shawnee
Ridge
Shopping Center
in Suwanee
Georgia
on
Lawrenceville-Suwanee Road
. The property is owned by SR
Retail LLC. Cartridge World has a
number of other store units in
Atlanta
and is a national franchise. The
business will open in the summer of 2006. Kyle
Realty Company represented the landlord in the transaction and Richard Bowers
& Company represented the tenant.
Lease
Renewal
DENT WIZARD located at
910 Cobb Parkway
in
Marietta
Georgia
has renewed its lease. The premises
consists of 4,000 square feet of building area.
Kyle Realty Company, Inc. was the sole real estate broker in the
transaction and represented the tenant.
Grand
Opening
ATLANTA
URGENT CARE CENTER, a retainer client of Kyle Realty, has opened its new
facility in
Emery
Village
Shopping Center
. This transaction was
consummated in November 2005 and has been under construction.
The premises consists of 2,415 and is in a shopping center owned by a
partnership involving Maxwell Properties.
Atlanta
Urgent
Care
Center
is a medical treatment facility. Kyle
Realty Company, Inc. was the sole real estate broker in the transaction and
represented the tenant.
Retail
Lease
ACE
CHECK CASHING, one of Kyle Realty’s retainer clients, has leased 960 square
feet of retail space in
Conyers Square
in Conyers
Georgia
. The property is owned by a
partnership managed by Redd Realty Company.
Ace Check Cashing is a National company with a large presence in
Atlanta
. The business will open in
the summer of 2006. Kyle Realty
Company was the sole broker in the transaction representing the landlord.
Retail
Lease
ENERGY
BODY has leased 1,668 square feet of retail space in
Pleasant Hill
Station
Shopping Center
in
Duluth
Georgia
on
Pleasant Hill Road
. The property is owned by BM Real
Estate LLC. The company is based in
Annandale
Virginia
and will be the tenant’s first location in
Atlanta
. Energy Body sells health
products to middle age and above consumers and items such as massage chairs and
beds, fitness machines and steam saunas. The
business will open in the summer of 2006. Kyle
Realty Company was the sole broker in the transaction representing the landlord.
Retail
Lease
CROWN PETS has leased 1,400 square feet of retail space in
Pleasant Hill
Station
Shopping Center
in
Duluth
,
Georgia
on
Pleasant Hill Road
. The property is owned by BM Real
Estate LLC. This will be the
tenant’s first location in
Atlanta
, and will feature a large selection of tropical fish and a full line of pet
supplies. The business will open in
the summer of 2006. Kyle Realty
Company was the sole broker in the transaction representing the landlord.
April
2006
Retail
Lease
VIVA EXPRESS, a shipping and packing store, has leased 1,400 square feet of
retail space in
Pleasant Hill
Station
Shopping Center
in
Duluth
,
Georgia
on
Pleasant Hill Road
. The property is owned by BM Real
Estate LLC. This will be the
tenant’s second location in
Atlanta
, the first located presently on
Buford Highway
in Doraville. The business will open
in the summer of 2006. Kyle Realty
Company was the sole broker in the transaction representing the landlord.
Retail
Lease
CAFÉ
AHN, a business owned by the owner of Mozart Bakery, has leased 2,450 square
feet of retail space in
Pleasant Hill
Station
Shopping Center
in
Duluth
,
Georgia
on
Pleasant Hill Road
. The property is owned by BM Real
Estate LLC. The business will open
in the summer of 2006. Kyle Realty
Company was the broker in the transaction representing the landlord and Suh
Investments was the broker representing the tenant.
March
2006
Shopping
Center Listing
Kyle
Realty Company, Inc. has been retained to lease a new shopping center to be
built on
South Bogan Road
in
Gwinnett County
,
Georgia
. The shopping center will be known
as
Bogan
Plaza
and will contain approximately 20,000 square feet of retail space with 10
tenants. The shopping center is in
the pre-lease stage and should be under construction this summer.
Retail
Lease
COLUMBIA BEAUTY SUPPLY, INC., a company based in Charlotte North Carolina, has
leased 1,800 square feet of space in
New London
Plaza
located in Snellville
Georgia
.
The shopping center is owned
by Malon Mimms. Kyle Realty Company
was the sole broker in the transaction and represented the landlord.
The tenant will open for business in May.
Retail Lease
SIGNATURE
GALLERY FURNITURE, a division of Jordan Furniture, has leased 33,562 square feet
of space in
New London
Plaza
located in Snellville
Georgia
.
The shopping center is owned
by Malon Mimms. Kyle Realty Company
was the sole broker in the transaction and represented the landlord.
The tenant will open for business in June.
February
2006
Office/Warehouse
Lease
STROLL
AND GO LLC, a business that sells children’s stroller and other youth
products, has leased 2,666 square feet of office and warehouse in
Mansell
Commons
Office Park
in
Alpharetta
,
Georgia
. The property is owned by First
Industrial Realty Trust. Kyle Realty
Company represented the tenant and CB Richard Ellis represented the landlord in
this transaction. The business
opened in March.
January
2006
Retail
Lease
HYOUNG SEOK RHEE has leased 1,470
square feet of retail space in Pleasant Hill Station Shopping Center in Duluth
Georgia on Pleasant Hill Road form an as-yet un-named optical store.
The property is owned by BM Real Estate LLC.
The business will open in the spring of 2006.
Kyle Realty Company was the broker in the transaction representing the
landlord and Atlanta Real Estate Partners represented the tenant.
December
2005
Industrial Lease
BASEMENTS
UNLIMITED, a General Contractor who specializes in renovating in home
improvements, has leased 4,000 square feet of office/warehousing space from H.
Kendall Guyer in his industrial complex at
407 Wallace Road
in
Marietta
,
Georgia
. Kyle Realty Company, Inc.
was the sole broker in the transaction and represented the landlord.
The new store is presently under construction and will open in January
2006.
Property
Management
Kyle
Realty Company, Inc. has been retained as property manager and leasing
representative for a shopping center in Dunwoody anchored by CVS and Flag Bank.
The property is owned by the PAUL MITCHELL FAMILY TRUST based in
Hawaii
.
The management contract
becomes effective December 1.
Tenant
Representation
Kyle
Realty Company, Inc. has been retained by
COMMAND
CENTER
to expand its chain of staffing and personal service offices in
Atlanta
.
Command
Center
presently has approximately 80 locations nationally and is a company owned by
FMI based in
Phoenix
Arizona
. Each location will have
between 1,200 to 1,400 square feet of space.
The company plans to expand its presence in
Atlanta
with 37 more units by 2007.
November
2005
Exclusive
Listing
Kyle
Realty Company, Inc. has accepted the exclusive listing of a former HUDDLE HOUSE
restaurant property located on
Fairburn Road
in Douglasville
Georgia
.
The property consists of a
free-standing building of approximately 1,900 square feet and is available for
lease.
Retail Lease
JILIN
ORIENTAL HERBS AND ACUPUNCTURE has leased 1,470 square feet of space in
Pleasant Hill
Station
Shopping Center
in
Duluth
Georgia
on
Pleasant Hill Road
.
The property is owned by BM
Real Estate LLC. The company plans
to relocate from its long-time location on
Buford Highway
and is scheduled to open for business in January 2006. Kyle Realty Company, Inc.
represented the Landlord and was the only broker in the transaction.
October
2005
Consulting
BLUE
RIDGE CAPITAL, an Atlanta-based real estate investor, has retained Kyle Realty
Company, Inc. to advise it on two projects it owns, one in Russellville
Alabama
and the other in Jackson Mississippi. Kyle
will determine the highest use for those properties following study of the
respective markets and available tenants in those markets.
September
2005
Office
Lease
STERLING
SERVICES GROUP, based in
Chicago
, has leased 2,456 of office space from TRANSWESTERN COMMERCIAL SERVICES for its
headquarters in
Atlanta
.
The property is located in
Pinnacle
Office Park
in Norcross
Georgia
.
The company services products manufactured by SUBZERO.
Kyle Realty Company Inc. conducted site evaluation on behalf of the
tenant and represented them in the lease negotiations.
August
2005
Lease
Renewal
BEAUTY
PLUS, an
Atlanta
based retail company, has renewed its lease in
Marietta
Parkway
Plaza
in
Marietta
Georgia
. The property is owned by
BUFORD CLAIRMONT COMPANY, LTD. The
store is 2,400 square feet of space. Kyle
Realty Company, Inc. is the broker of record and represented the Landlord
Retail Lease
Kyle
Realty Company, Inc. and CB Richard Ellis cooperated on a lease for space at
2442 Pleasant Hill Road
in
Pleasant Hill
Station
Shopping Center
for HANA BANK, a bank new to
Atlanta
.
The leased premises reflected
4,468 square feet of space. The
property is owned by BM Real Estate LLC. The
bank is scheduled to open early in 2006.
July
2005
Tenant Representation
ATLANTA
URGENT CARE CENTER has retained Kyle Realty Company, Inc. to represent it in its
search for a new facility in
Atlanta
. The company is a medical
facility owned by
Atlanta
doctors and will be the first such facility for them.
June
2005
Tenant
Representation
A
franchisee of ACE CHECK CASHING, a National company, has retained Kyle Realty
Company, Inc. to expand it presence in
Atlanta
. The assignment will be to
locate a new location in
East Atlanta
before the end of 2005.
May
2005
Tenant
Representation
MARIETTA
MARTIAL ARTS has retained Kyle Realty Company, Inc. to represent it in is
discussions with its Landlord to renew and expand it facility located on Roswell
Road in Marietta Georgia. The tenant
hopes to have its expanded facility open by the end of 2005.
Arbitration
Kyle
Realty Company, Inc. has completed the arbitration of a legal dispute between
two
Atlanta
real estate investors. Kyle was
retained by HENNING MEDIATION AND ARBITRATION SERVICES, INC. to join a two other
arbitrators whom comprised a board to hear the dispute.
The board submitted its finding and settlements following hearings where
both sides presented their evidence and positions.
April
2005
Lease Renewal
MARIETTA
FABRIC AND FRINGE, an Atlanta based retailer, has renewed its lease in Marietta
Parkway Plaza, a shopping center owned by BUFORD CLAIRMONT COMPANY LTD.
The store comprises 9,600 square feet of space.
Kyle Realty Company, Inc. was the broker of record and represented the
Landlord as the broker in the transaction.
Restaurant
Lease
TODAHMGOL,
a fine dining Korean cuisine restaurant, has leased space in Pleasant Hill
Station for a new restaurant. The
premises consists of 2,100 square feet and will open in October.
The restaurant is the third restaurant in
Atlanta
owned by Nam Shik Hong. The
property is owned by BM Real Estate LLC. Kyle Realty Company, Inc. represented
the Landlord and was the only broker in the transaction.
March
2005
Retail Lease
DOLLAR
GENERAL has leased space in
Blackwell Square
for a new 8,000 square foot store. The
property is located on
Canton Highway
in
Marietta
,
Georgia
and is owned by Don Plunkett. Kyle
Realty Company, Inc. represented the tenant and was the only broker in the
transaction.
Office
Lease Expansion
THE
STANLEY WORKS d/b/a Stanley Tools has expanded their office facility in
Atlanta
located at
4451 South Atlanta Road
. The expansion incorporates
3,233 square feet of office space. The
property is owned by Vinings Perimeter Partners LLC and is located at
Vinings
Perimeter
Business
Park
. Kyle Realty Company, Inc.
represented the tenant and Resource Real Estate Partners LLC represented the
Landlord. The expanded facility will
open in April 2005.
February
2005
Retail
Lease
Kyle
Realty Company, Inc. has completed a lease for a HAIR TIME, a beauty salon in
Pleasant Hill
Station
Shopping Center
located at
2442 Pleasant Hill Road
in
Gwinnett County
,
Georgia
. The leased reflects 1,050 square feet of leased space.
The tenant is Connie Cheng, et al. and the property is owned by BM Real
Estate LLC. Kyle Realty represented
the property owner and was the sole broker in the transaction.