News
IHG's New HQ is...
...still unknown, but it appears InterContinential Hotel Group has added another site for its potential HQ: Ackerman & Co's Abernathy 400 development. (Instead of a Bachelor-style rose ceremony, the winner will get a mint on their pillow.)
Sources tell us Ackerman—in a JV with HJ Russell and Cousins Properties—is in talks with IHG about anchoring a 520k SF office development at Abernathy Road/GA 400 site, a former MARTA park-and-ride. This comes months after we reported here that IHG was also eyeing two other sites in Central Perimeter to build a HQ, including Seven Oaks' Perimeter Summit. Sources say the conversation, which could see IHG vacate its long-time home at Ravinia, is early on and no LOI has been signed.
