Real Estate Notebook: West Midtown office market, Apple expansion, ADAC sells

Developers are moving forward with a $150 million project that will bring 175,000 square feet of office space to rapidly changing West Midtown.

Developers Jim Meyer of Atlantic Capital Properties and Mack Reese of Gateway Ventures have secured about $60 million in construction financing from Preferred Office Properties that will allow the office development to proceed as a spec project, or one started without tenants signed to leases. It’s a sign of confidence in the emerging office market in…