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BIG DEALS OF 2011

Atlanta
Atlanta
January 4, 2012 Bisnow
BIG DEALS OF 2011
So, if you were to wager a guess, what was the  biggest office deal of 2011? Anybody? Anybody? How 'bout IBM.
 
ibm lease 4111 northside parkway jamestown atlanta public schools cbre john shlesinger sam holmes glenn dyke
V-shaped campus, for Victory! That's right. It certainly was one of the most noteworthy deals of 2011, but it's also the  largest lease  of the year. When Jamestown sold the two-building IBM campus at 4111 Northside Pkwy last year to the Atlanta Public School system, IBM entered into a  two-year, 830k SF lease to remain there while it takes the time to scout other options. But a lease is a lease, and this one's a doozy in its size. CBRE's John Shlesinger, Sam Holmes, and  Glenn Dyke  brokered the deal for IBM.
 
john heagy hines one atlantic center lease alston bird colliers international
As for the rest of the  Top 10 Office Leases (with the help of Colliers International's research) in 2011:

  • Alston & Bird's renewal and expansion at One Atlantic Center for 365k SF (with Hines' John Heagy  above, who consummated the deal).
  • Primerica's build-to-suit HQ at Duke's Legacy Park in Gwinnett for 344k SF.
  • AGL's  260k SF renewal  at Ten Peachtree Place.
  • SunTrust Robinson Humphrey's  230k SF renewal  and expansion at Atlanta Financial Center.
  • GE Consumer Finance's 203k SF renewal  at Windward Plaza 300.
  • Piedmont Healthcare's 190k SF renewal  and expansion at Paces West.
  • McKenna Long & Aldridge's 163k SF renewal  at SunTrust Plaza.
  • PricewaterhouseCoopers 142k SF lease at 1075 Peachtree, which also makes it the only new office deal on the list of 2011.
  • And finally, the  FBI's renewal of 137k SF  at 2635 Century Center.
 
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Related Topics: John Shlesinger, Sam Holmes, One Atlantic Center, John Heagy, McKenna Long, SunTrust Plaza, Atlanta Financial Center, Century Center, Piedmont Healthcare, Legacy Park, Paces West, SunTrust Robinson Humphrey, Ten Peachtree Place, Glenn Dyke, Windward Plaza, Atlanta Public School, 2635 Century Center