AND EXHALE...
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We also got to hang out with Daniel Corp.?s Doug Guedry at the new 1075 Peachtree office tower in the 12th & Midtown project, snapping this of him showing off one of the massage tables at the Exhale Spa. During our visit, tenants were putting the finishing touches on their spaces, including Servcorp, which was officially open for business as of yesterday. Doug is optimistic on the leasing velocity at 1075 Peachtree. As we reported this week, Atlanta Capital Management leased 21K SF there, and with Fisher & Phillips, Seyfarth Shaw, and Boston Consulting, the occupancy is now up to 40%. And with a rumored LOI for 150K SF (sources say this is likely PricewaterhouseCoopers), occupancy could very well shoot up. Doug says he thinks he can fill the tower to 80% by the end of 2011. (Sooner if he stops promising massages to every tenant.) | |
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Doug took us to a window 34 stories up to have a bird?s eye view of the pad that will one day be 1125 Peachtree. Recent speculation by industry vets has many wondering when another Class A office tower could be built in Atlanta. With Doug looking down, he told us, ?If I were a betting man, I?d bet that will be the next Class A office site in Midtown.? |
