News
CENTERGY GETS A CHECKUP
January 17, 2013
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| Centergy?s loss of PNC Financial Services Group as a tenant may be Athenahealth?s gain. Numerous sources tell us the owners of the 448k SF Midtown building on 5th Street is in talks with Athenahealth to backfill the 50k SF of space being vacated by PNC later this year. The company has been in the market with Avison Young?s Phil Barry for office space as it looks to expand its operations in the metro Atlanta market. It recently signed a 24k SF short-term renewal at Northwinds Pointe in Alpharetta but frees the company up to consolidate into Centergy if a deal is executed after PNC leaves. Sources say Athenahealth is one of a handful of prospects eyeing the Centergy space. | |
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| PNC is moving its Atlanta banking HQ to Daniel Corp?s 12th and Midtown project. Sources tell us the bank will take 40k SF at the Midtown tower. We reported in October that Kim King & Associatessold most of its stake in the Centergy Building to its former co-owner Gateway Development. A PNC spokesperson declined to comment about the move. | |
