Recall Following in Fiserv’s Footsteps?

recall

Just a few months after Fiserv vacated their suburban office to take a big chunk of space in North Fulton, another major Peachtree Corners tenant is scouting the market for a possible relocation. Recall, a document management and preservation firm, has issued an RFP for 100,000 SF. Recall appears to be in the beginning stages of the process and could simply be using ...

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Glenfield Capital Focuses on Peachtree Corners, Johns Creek

glenfield cap

We’ve talked a lot about in-town investment, like the sales of Northpark Town Center and 1155 Perimeter Center West, but we haven’t heard as much in terms of investment outside of the Perimeter. And this just happens to be where Glenfield Capital is focusing the majority of their investments. Glenfield Capital recently purchased the Lakeside at Spaulding Triangle earlier this year and now controls about 650,000 SF of office space ...

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WalMart Doubles Down in Atlanta

walmart II

In 2002, WalMart built a 1 million SF distribution center in Carrollton, GA. Twelve years later, it appears as though 1 million SF isn’t enough for the world’s largest retailer. WalMart has recently signed a lease to take 1.2 million of the 2.7 million square feet of space being constructed as part of Majestic Airport Center IV. Majestic Realty is still in ...

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880 W Peachtree Building Set for Demolition

880 w peachtree

Dozens of developers are planning apartment projects in Midtown, which is presenting a problem common to places like NYC and DC but unfamiliar in Atlanta – developers are running out of room. Most available parcels and parking lots have been scooped up and designated for development over the past couple of years, and those developers interested in being a part of ...

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More Apartment Towers for Midtown

allaince midtown apts

Alliance Residential’s project at 6th and Juniper Streets

Three firms have recently announced their plans for three apartment projects in Midtown. Mill Creek Residential has proposed the largest of the three projects; their “8th and Williams St” project will sit right next to the Centergy One building and offer 350 units and 12,000 SF of retail. Trammel Crow Residential is ...

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Metzler to Sell One Buckhead Plaza

One Buckhead Plaza office building, Peachtree Road, Atlanta (Buckhead), Georgia 30305.

Just as Buckhead Atlanta opens its doors, the 440,000 SF tower overlooking to project is put on the market. Metzler has decided to sell One Buckhead Plaza and is marketing the property at $140 million; this price is in line with the overall market trend of office assets selling above $300 PSF. Metzler ...

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191 Peachtree Boosts Occupancy

191 Peachtree

Since purchasing the property in 2006, Cousins Properties has brought 191 Peachtree to 92% leased. They’ve recently reached this level thanks to three lease agreements totaling 77,302 SF in the 1.2 million SF building. Accounting firm Dixon Hughes Goodman LLP leased 51,066 SF, while Association County Commissioners of Georgia leased 17,956 SF and Hall Booth Smith PC expanded by 8,100 ...

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Oglethorpe to Accommodate Growth by Adding Mixed-Use Community

oglethorpe mixed use

Oglethorpe University, whose main campus is located in Brookhaven on Peachtree Road, has partnered with Gables Residential to develop a mixed-use to community to house their growing student population. Oglethorpe currently has about 1,100 student enrolled, but that number has grown every year and is expected to be around 1,500 by 2020. Gables will lease 7 acres of land from the ...

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Carter: Busiest Developer in Atlanta?

Carter Lindbergh

Carter has been selected to develop the Lindbergh MARTA station

The recovering Atlanta market has drawn interest from development firms across the country, especially those involved in multi-family projects. Atlanta’s apartment supply has been so constrained for so long that firms are racing to build enough units to keep up with demand. Perhaps no developer has been busier during this cycle ...

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1155 Perimeter Center West Sells

1155 PCW

One of the premier Central Perimeter office properties has been sold to Piedmont Office Realty Trust. The 376,674 SF building was sold for $80.75 million, more than $3 million more than what it was purchased for back in 2007. 1155 Perimeter Center West is reporting 96% occupancy with its anchor tenant being AirWatch, the mobile security firm that made headlines alongside State ...

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