This week's People of Note includes the following markets: Atlanta, Seattle, Dallas, Philadelphia, Phoenix, Boston, New York City and Columbus, OH. ATLANTA Everett Joins Grubb as SVP By Laurie Forbes Grubb & Ellis Co. (NYSE:GBE) recruited veteran broker Peter Everett to its Atlanta office. As senior vice president, he will work on tenant representation and agency work in the Southeast for the industrial practice group. Everett has 15...

Local commercial real estate brokers Ben Claybaker and Devin McClendon teamed up to form NAI Nashville. Claybaker and McClendon partnered with NAI Global in order to reestablish NAI's coverage in Nashville. The NAI Nashville office, located in the Cool Springs area of Franklin, Tenn., will provide services such as brokerage, investment sales, and property management in Middle Tennessee. Ben Claybaker, CEO of NAI Nashville, has experience as head...

Colonial Properties Trust (NYSE: CLP), in a joint venture with Turkey Creek Land Partners LLC, has sold Colonial Pinnacle Turkey Creek, a 659,000-square-foot retail center it developed in Knoxville, Tenn. to an institutional pension fund advisor for sales proceeds totaling $131.7 million. The multi-property, open-air shopping center, which includes Colonial Promenade and Pavilions, was built in 2006 on more than 40 acres in the Campbell Station...

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Follow me on Twitter for live news updates. Mayo Clinic Breaks...

Chuck Taylor, formerly of JP Morgan, joined A10 Capital to lead its Southeast region. As executive vice president, he will be responsible for providing commercial real estate financing in Georgia, Florida, North and South Carolina, Virginia, Alabama and Tennessee. "I am very excited to join A10 Capital's unmatched team of commercial real estate and finance veterans - and to bring A10's program to some deserving properties in the Southeast. As...

The Nashville Industrial market ended the third quarter 2011 with a vacancy rate of 9.6%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,171,092 square feet in the third quarter. Vacant sublease space increased in the quarter, ending the quarter at 1,517,555 square feet. Tenants moving into large blocks of space in 2011 include: Griffin moving into 518,400 square feet at Interchange Distribution...

This week's People of Note includes the following markets: Chicago, Los Angeles, Orange County and Sacramento. CHICAGO CBRE Names Carris Head of Occupier Practice Jim Carris joined the Chicago office of CBRE (NYSE: CBG) as senior managing director. He will oversee the occupier practice along with Jamie Georgas who was recently promoted from director to managing director. They will lead 65 brokers in the tenant representation and g

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Follow me on Twitter for live news updates. President Obama:...

JQB Enterprises LLC acquired the former Copeland’s restaurant building at 1649 Westgate Circle in Brentwood, TN from Caden Holdings for $1.7 million, or about $201 per square foot. The single-story, 8,443-square-foot retail building was built in 1997 in the Brentwood submarket of Williamson County. The new owner, Dr. John Q Binhlam, MD is expected to renovate the space for use as a new office location for his existing dermatology practice....

Leconte Village LLC, an independent group of investors, purchased the retail property at 250 Island Drive in Pigeon Forge, TN from Regions Bank for $10.35 million, or about $36 per square foot, in an REO sale. Development of the currently under construction, 283,260-square-foot Belle Island began in 2010, but was not completed by the previous owner before the time of purchase. The buyer plans on redeveloping the property with expected completion...

Premier Development Group LLC bought four lots of land including Chesapeake Lane Lot 24, Dunlop Lane Lot 1, October Court Lots 23 and 22 in Clarksville, TN from James W. Bell, Jr. for $2,985,000, or about $288,000 per acre. The 10.36-acre piece of development land is located in the Montgomery County submarket and will be used for medical office development for Premier Medical Group. David Dabbs of Dabbs Realty Group represented Mr. Bell, while...

It's time for 2011's Top Dealmakers to stand up and be recognized! Each year, CoStar Group is proud to recognize the top commercial real estate brokerage firms and brokers who performed at the highest level and achieved remarkable sales and leasing success in their respective market. As the leading industry award recognizing the "best of the best" in commercial real estate, the CoStar Power Broker Awards provides a unique opportunity to validate...

Madison Partners LLC sold the Shoppes at South Plaza to RAIT Financial Trust, a Philadelphia-based REIT, for $22.3 million, or about $72 per square foot. The 308,615-square-foot shopping center is comprised of four buildings, one of which is occupied by Lowe's. All of the buildings were built in 1985 and the Lowe's was renovated in 1994. The center is located at 5520 - 5704 Nolensville Pky in Nahsville, TN. The seller and buyer both utilized...