Kudos is in order to Cousins Properties who at the beginning of the year had an empty office building in Atlanta’s Buckhead Office Market.  Now, Terminus 200 is 60% leased with the signing of another office tenant, Cedar Street Advisors.  The leasing team for Cousins deserves a lot of credit for landing several big...
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Buckhead Office Market at a Glance:  • Buckhead office absorption is up 32% from this time last year. Second quarter’s positive absorption can be mostly attributed to a number of small occupancies ranging between 7,000 to 13,000 square feet. The larger move-ins for the quarter mostly consisted of relocations within the submarket which in some...
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Now for the average person in Atlanta, I am sure they are thinking; Buckhead, of course there are good deals in Buckhead.  That is a no brainer.    Truth be told, there is great opportunity in the Buckhead Office Market right now.   The market has over 25% vacancy; there are 4 brand new office towers, with the exception...
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BUCKHEAD AT A GLANCE:  The biggest news for Buckhead is the absence of construction activity.  Phipps Tower and 3630 Peachtree both delivered in the first quarter, combining for a total of 915,626 SF added to office inventory.  Buckhead office absorption was negative in the first quarter at (46,693) SF. Marsh & McLennan’s move into Two Alliance was...
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A couple of weeks ago, I am across a landlord that is trying a new way to market its vacant office space in Buckhead.  This particular landlord is focusing on the “wow” factor of an office suite in an attempt to set its building apart from other office buildings.  Below is the explanation and actual...
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In the battle to land new office tenants in Atlanta’s Buckhead Office Market, Cousins Properties won a big victory for its office tower Terminus 200 with the signing of Miami-based law firm Greenberg Traurig LLP.  The law firm signed a roughly 100,000-square-foot-lease in the building a couple of days ago, and it was just announced in...
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There were a couple of signed office leases that were announced this week that are worth noting.  The first is IQ Interactive, an advertising agency who amongst other things came up with the white board ads for UPS.  They are also a Colliers International client.  IQ will be relocating its HQ to an office...
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3630 Peachtree lands one of the largest email marketing firms in the world as an office tenant.  Mansell Group has signed a lease for 10,000 Square Feet at 3630 Peachtree, and will be moving out of its current location at 3500 Piedmont Rd.  Out of the 4 new office towers in Buckhead, Phipps Tower remains...
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Here are the highlights for Buckhead’s 4th Quarter Office Market Report written by our Research Department here at Colliers International. Highlights: As expected, the Buckhead submarket had the largest amount of vacant space added over the past year. The deliveries of Terminus 200 and Two Alliance Center account for this increase. Buckhead is beginning to see some...
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In an office submarket that has dominated Atlanta’s Commercial Real Estate news for having 4 new speculative office buildings delivered or being delivered in the Great Recession, one of those buildings continues its trend of signing big name tenants.  Tishman Speyer’s Two Alliance Center recently signed Turner Construction to a 10 year 30,000 square foot...
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