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GBT Realty acquires East Cobb County parcel
Atlanta -- GBT Realty Corporation acquired a 1.7-acre site in East Cobb County, Atlanta, at the intersection of Roswell Road and East Cobb Drive near Johnson Ferry Road. Currently the site of a 10,240-sq.-ft. building occupied by Chuck E. Cheese’s, the firm plans to redevelop the parcel with demolition slated this spring.
GBT acquired the site from Empress Theatres for $1.65 million. No additional terms were disclosed.
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Altamont Capital purchases Cotton Patch Café
Grapevine, Texas – Private equity firm Altamont Capital Partners has purchased specialty restaurant chain Cotton Patch Café, which operates 45 locations in Texas, Oklahoma, and New Mexico. Kathy Nelson, CEO of Cotton Patch, participated in the investment and will continue in her role.
Altamont Capital also holds major investments in franchisees of the Taco Bell and Sonic Drive-In fast-food chains. Terms of the deal were not disclosed.

