Dewberry Enters New Partnership For New Leasing Energy On Atlanta Portfolio
A former Tishman Speyer Atlanta executive is partnering with Dewberry Capital in a new venture that aims to fill up Midtown's Campanile building.
Dewberry — founded by former Georgia Tech quarterback and developer John Dewberry — tapped Atlantic Capital Properties CEO Jim Meyer to lease two significant office properties in Atlanta, including at Campanile, the 446K SF office tower Dewberry purchased in 2010 for $35M, according to the Atlanta Business Chronicle.
While Dewberry purchased the 20-story tower for a fraction of its previous price tag, the building has remained stuck at about 50% leased, the Chronicle reports.
In the new partnership, Dewberry granted Meyer — Tishman Speyer's former managing director in Atlanta who helped to develop One and Two Alliance Center, as well as kicking off Three Alliance Center before venturing out on his own — autonomy in leasing both Campanile and Peachtree Pointe, another significant Dewberry holding. Meyer's Atlantic Capital Properties also plans to partner with Dewberry on the remaining undeveloped parcels in Midtown.
