News
RUBENSTEIN TO SELL 64/66 PERIMETER CENTER EAST?
June 18, 2012
So, now we all know the secret deal brewing for the past few weeks is State Farm taking 400k SF at 64 and 66 Perimeter Center East. (Who had that in the office pool? Don't lie.) But what comes next? | ||
Sources tell us the landlord, Rubenstein Partners, is considering selling the two buildings now that the massive State Farm service center is moving in later this year. It would be Rubenstein's second property on the market. It recently listed Terraces in Dunwoody for sale, which just secured a big lease with Elekta. | ||
The market had been speculating for weeks as to what tenant the dynamic duo John Shlesinger and Sam Holmes of CBRE were bringing. In the end, Gov. Nathan Deal made the announcement late Friday, a deal that will add 500 jobs. Dunwoody economic development official Michael Starling confirmed the city did give Rubenstein a property tax abatement incentive a year ago to help fill the empty building, but Michael says even he was left in the dark as to the ID of this tenant until Friday. | ||