News
THE DEAL SHEET
October 23, 2012
| What do telecommunications, tires, floors, pet food, and a 1980s experimental rock band all have in common? They're all types of tenants that leased space among Clarion Partners' Atlanta portfolio in recent weeks. (One of the tenants is named Toto, so we're assuming it's the band.) | ||
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| Avison Young has strung together some 3.2M SF in new leases and renewals in the Clarion portfolio with some big names including AT&T, which inked 106k SF for its Southeast billing center at The Meadows at Bluegrass in Suwannee and plumbing products maker Toto, which leased nearly 500k SF at 130 A Whitewater Place in Southpark. CBRE's David Nixon repped AT&T and Avison Young?s Tom Crowe (above) repped the landlord in that deal; CBRE's Blaine Kelley represented Toto in its stellar 1982 world tou…umm…in its deal with Avison Young?s Chet Keonig brokering for the landlord. | ||
Other big deals in the portfolio include:
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| LEASES | ||
| CoStar Group has inked 26,800 SF at Phipps Tower in Buckhead for 11 years. Cassidy Turley's Kirk Diamond, Bradley Fulkerson, and April Hawkinson brokered the deal for the CRE data behemoth. | ||
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| Molden & Holley expanded to 6,100 SF at the Harris Tower at Peachtree Center. Ackerman & Co's Shea Meddin and Parkway Realty Service?s Mike Werner brokered the deal. | ||
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| Wounded Warrior Project inked a 7,000 SF deal at the Atlanta Financial Center, its twelfth national location. CBRE's Nima Ghomghani brokered the deal for the tenant. Hines Interests? Scott Martin represented the landlord. | ||
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| Tennant Special Risk leased 5,200 SF at Waterford Centre on Triangle Parkway in Peachtree Corners. CBRE's Nima Ghomghani brokered for the tenant while CBRE's Eric Ross and Jackie Fraker brokered for the landlord, AREA Property Partners. | ||
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| The duo who brought Twisted Taco to Atlanta—Tom Nahas and Rahim Kaba—are now set to open Big Kahuna, a "Cali-Mex" eatery, at SunTrust Plaza in Downtown Atlanta. | ||
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| Dialysis service provider Davita renewed and extended 15,500 SF for its Southeast regional offices at 50 Glenlake Pkwy for 11 years with ?aggressive financial incentives? to stay put, says tenant broker The Armstrong Group's Brent Armstrong. Highwoods Properties' John Grimsley repped the landlord. | ||
| SALES | ||
| USAA Real Estate Co purchased three major distribution centers in Georgia from ProLogis, including 335 Greenwood Place in McDonough (tenanted by The Home Depot in 1.2M SF); 8095 McLarin Rd in Palmetto (home to Owens Corning Distribution for 1.04M SF); and 930 Highway 124 in Braselton, which houses PETCO for 506k SF. Price was not disclosed. CBRE's Chris Riley, Frank Fallon, and Brian Budnick brokered the sale. | ||
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| Goodwill of North Georgia has purchased a 2.4-acre Regions Bank-owned parcel at 2135 Piedmont Rd, formerly an antique market, for $2.1M. Bull Realty's Rob Whitmire and John DeYonker brokered for Regions, while David H Poer Co's namesake and CBRE's Henry Poer brokered for the non-profit. | ||
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| Ackerman & Co's Jason Powell and Andrew Murphy brokered the sale of a 14,560 SF Walgreens in Greenville, NC. Four Springs Capital Trust purchased the property for $5.6M. | ||
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| Selig Enterprises purchased 12th Street West Apartments, a 129-unit lender-owned property in Midtown for an undisclosed sum. Franklin Street?s Jake Reid brokered the sale. | ||
| MANAGEMENT | ||
| Jones Lang LaSalle has grabbed the leasing and management for Northlake Office Park, an eight-building 583k SF office park off LaVista Road. The landlord, Hudson Advisors, has tapped JLL?s Glenn Aspinwall, Kay Younglove and Amanda Smith to lead the leasing team while JLL?s Ian Hughes and Anna Ford will handle the management. | ||
| PEOPLE | ||
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| Carter hired Marisa Winsky as director of marketing (jumping over from CBRE) and Matt Delicata as a senior analyst, who came over from NY-based Triangle Equities. | ||
| EVENTS | ||
| The Young Council of Realtors is rolling the dice on its Casino Night Nov. 29 at the Atlanta Financial Center in Buckhead. | ||
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| American Sun Control?s Sarah Laurie is having a 30th birthday party for a purpose. Other than theming her party for the roaring '20s, Sarah is using the opportunity to raise money with Smiles for Sheena for Ted Kloss, a local architect diagnosed with stage 4 lung cancer. The event will be held Nov. 9 at the Capital City Club in Downtown Atlanta. Tickets are $60/person, $110/couple. Click here for more info. | ||
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| Who knew an office broker's job was so hazardous? We found that out yesterday during a random building tour in Peachtree Corners. While exploring the tenant roster at The Day Building on Peachtree Corners Circle, your intrepid Bisnow reporter got caught up in a bomb scare. We hung around while Gwinnett County police used a robot to remove a "suspicious package"—brown bookbag—from the rear of a white van. Police later determined "nothing suspicious" was in the bag (unless you count a nearly empty Gatorade bottle). Send your news to Jarred@Bisnow.com. |
