Through ignition alley, the City of Atlanta will now have its first coworking collaborative office space that will house entrepreneurs, consultants, freelancers and other independent professionals.  ignition alley will be offer flexible, inexpensive terms, and provide its tenants with a unique collaborative business community.  The physical location of the office will be between Atlanta’s Midtown...
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Back in August 2009, The USGBC (U.S. Green Building Council) decided to tackle the issue of Green Buildings’ performance head on.  Critics of Green Buildings pointed out that there were no measurable results of reducing energy, water,  human health and natural resources outcomes once a building achieve LEED Certification.  As a result, the USGBC launched the...
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Gables Residential just signed a 10 year office lease at a prominent Buckhead Office Tower.  The Lenox Building, located at 3399 Peachtree Road, will welcome its newest tenant later this year.  Gables will be relocating its office from the Northwest Office Market in Vinings.  The apartment developer’s move is great news for the Buckhead Office Market,...
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On September 29, 2009, the Atlanta City Council Members are scheduled to give an up or down vote on an ordinance that could mandate all commercial construction to meet some form of Green Building Standard.  The Atlanta Sustainable Building Ordinance or (ASBO) has been in the works since June 2008, and is the initiative of Mayor Shirley Franklin...
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It has been all over the news, and we all have been affected one way or another by the floods that happen earlier in the week.  Below are some pictures of the flood, along with a corresponding aerial of the flood plain the picture was taken from.  See below. Bobby Jones Golf Course Bobby...
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Silverpop, a web based marketing firm, expanded it office space presence in Atlanta’s Northwest Office Market.  The company signed a 7 year lease renewal at 200 Galleria, and expanded its square footage from 38,000 SF to 62,000 SF.  In an office market that hasn’t seen much leasing activity in 2009, this announcement is great...
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Liberty Mutual signs a lease renewal for 50,000 RSF at 2055 Satellite Blvd, near Sugarloaf Country Club, but gives back close to 100,000 RSF.  At this point, the specific terms of the deal are unknown.  CB Richard Ellis’s Landlord Team of Matt Spickard and Greg Frankum have been hired to back fill the 100,000 RSF that...
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While it is hard to quantify measurable benefits of a Green Office Building for the tenants.  Reuters.com did a great job last week of writing about some real benefits to a Green Office Building for the owners.  Reuters also pointed out the risks of not being a Green Office Building.  Here are the quick highlights: Benefits - Increases a...
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In what has been rumored for a couple of weeks, is now confirmed.  Eola Capital is acquiring America’s Capital Partners entire 7.6 Million Square Feet office portfolio.  ACP’s portfolio included buildings all along the East Coast, but the majority of it was focused in Atlanta, GA.  In fact, their Atlanta portfolio included 5 Million Square...
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According to Costar.com, First Option Mortgage has expanded its office space at Galleria 400, and signed a lease for 24,875 RSF.  First Option Mortgage has leased space within Galleria 400 for 5 years now, and signed the sublease agreement to meet its expansion needs.  This is good news for Atlanta’s Northwest office market that has seen 90,000...
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