Financial Services

Samples of Significant Transactions:
  • Buckhead Submarket, Atlanta, GA – $1 billion of transaction volume
  • 1180 Peachtree, Midtown Atlanta, GA – landmark office transaction
  • Charleston, SC – key land transactions on the Peninsula
  • Buckhead Station, Atlanta, GA – 8 separate transactions for major retail projects
  • Flournoy Portfolio, Southeast, USA – 4,049 garden apartment portfolios
  • Regent Portfolio – portfolio recapitalization (mixed use)
  • The Terraces – Office Deal of the Year 2013

 

Multiple Transactions | Buckhead, Atlanta Overview

Volume: Over $1 Billion

Since 1985 Bullock Mannelly Partners has completed 20 high profile transactions totaling more than $1 Billion in volume in the Buckhead submarket of Atlanta. These transactions include every asset class and helped to validate Buckhead’s position as one of the most prestigious submarkets in the United States.


 


Office | 1180 Peachtree Road, Atlanta

King & Spalding Building, Midtown, Atlanta
Square Feet: 669,710 
Volume: $273,700,000

Bullock Mannelly Partners represented GE Asset Management in the acquisition of this core asset. Additionally, BMP was retained by GE Pension Trust to provide long-term permanent debt of approximately $193,000,000 in order to facilitate the acquisition. 1180 Peachtree is approximately 85% leased to King & Spalding for a 15 year term. The project was developed by Hines and is considered Atlanta’s Top Trophy Asset. The transaction set the market and was office transaction of the year in Atlanta for 2006.


 


Land | Charleston, South Carolina

4 Sites (480+ Acres)

BMP during the past nine years (since 2007), has played a significant role in structuring the acquisition of land for the redevelopment of strategic key sites on the peninsula of Charleston, SC. BMP Partners helped assemble the capital and development teams to provide for the future redevelopment of key sites on some of the few remaining sites on the peninsula of Charleston, SC. The locations will eventually support in excess of $1 billion in new development.

(A) Ashley River Center – 56 Acres
(B) Magnolia – 132 Acres
(C) Macalloy – 127 Acres
(D) Laurel Island – 165 Acres


 


Retail | Buckhead Station, Atlanta

Joint Venture | Investment Sale | Finance
Square Feet: 230,000
Volume: $250,000,000

BMP structured a joint venture for the development of one of the the most strategic shopping centers in the Atlanta market, located at Buckhead Loop and I-400. BMP facilitated 8 separate transactions for Buckhead Station from 2000-2010 which included:

• Original Land Sale Venture
• Structured Development Joint Venture
• $32.5 Million Construction Loan Placement
• $43.8 Million Partnership Restructuring
• Provided Property Management Services
• $34 Million Permanent Loan Placement
• Managed Buy/Sell Negotiation
• Sale of Project


 


Multiple Sites | Tower Place, Atlanta

Multiple Sites: Office, Residential, Hotel, Assisted Living, Land
Volume: $126,000,000

BMP enabled Regent Partners, one of Atlanta’s premier development companies, to recapitalize its portfolio which included 928,000 S.F. of office space, 935 hotel rooms, 830 apartment/condo units, 60 assisted living units and 131 acres of land.

BMP structured a transaction in 2005 between Regent Partners and one of North America’s largest hedge funds, resulting in a buy out that allowed Regent’s to acquire the interest of their current partner and form a new venture of 18 assets valued at over $126 million.

The premier assets, located in the Buckhead submarket of Atlanta, included the prestigious Tower Place Building and its adjacent land. BMP partners underwrote each asset and executed the subsequent sale of many of the assets purchased by the new venture.


 


Multifamily | Flournoy Portfolio

Southeast/Western USA: 4,049 units (13 Separate Communities)

MP structured the 2012 purchase of $400 million +/- of assets comprised of 4,049 units (13 separate communities) across the Southeast and Texas through two institutional equity sources in an off market transaction.


 


Office | The Terraces, Atlanta, Perimeter Market

Square Feet: 1,000,000
Volume: $190,000,000

Bullock Mannelly Partners negotiated the 2013 sale of twin trophy office towers containing over 1 million square feet in North Atlanta for $190 million. BMP was selected by Royal Bank of Scotland to co-market this trophy asset. Metropolitan Life Insurance acquired the asset. This landmark transaction was the Office Deal of the Year in 2013.