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December 22, 2021

Big AT&T Lease Takes No. 2 Spot In 10 Biggest Atlanta Office Leases Of 2021

Jamestown L.P. gives insight into how developers are giving buildings a second life Jan. 27

The year 2021 in Atlanta’s office market was defined by companies expanding into the region, hoping to tap into its combination of talent base, low-tax environment and affordability.

But before the calendar turns, the second-largest lease of the year closed, Bisnow can first report: AT&T dialed in a renewal for 435K SF of office space across two buildings at Lenox Park in Buckhead.

The deal was eclipsed only by Carvana’s sublease of nearly 600K SF from State Farm at the insurance giant’s new campus in Central Perimeter, an expansion emblematic of Atlanta’s banner year.

Big AT&T Lease Takes No. 2 Spot In 10 Biggest Atlanta Office Leases Of 2021

The economic momentum of this past year is likely to continue into 2022, especially as executives start pushing their employees more forcefully back to offices and out-of-state companies start opening their new Atlanta operations, JLL Executive Vice President Brooke Dewey said.“I…

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McDonald Sells Georgia Industrial Portfolio For Nearly $400M

McDonald Sells Georgia Industrial Portfolio For Nearly $400M

Five months after its acquisition with a major industrial REIT, Ares Management Corp. has shelled out hundreds of millions of dollars for part of McDonald Development's Southeast industrial portfolio.McDonald sold 14 buildings across five industrial parks it developed for $395.5M, Cushman & Wakefield announced Tuesday. C&W…

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Omicron Deals Another Blow To The Hard Return-To-Office Date

Omicron’s exceptional uncertainty and transmissibility have made the idea of firm return-to-office dates after the holidays even more ephemeral than it once seemed, as companies like Goldman Sachs and Apple have canceled parties and pushed back return mandates.

But what this latest development in the pandemic may usher in, eventually, is a more realistic view of what the battle of back-to-work really means, and what’s coming next. 

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Private Equity Sitting On $288B War Chest For CRE Deals

Private Equity Sitting On $288B War Chest For CRE Deals  

Private equity investors now have a total of $287.8B to invest in commercial real estate, up 11% from a year ago and up a whopping 57% compared with the end of 2019, Bloomberg reports, citing Preqin data.“Investors view real estate as a safe place…

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