Following on the theme of my last blog, I wanted to expound on the idea that time is the most important thing a tenant broker has control over. I mentioned that only chasing clients with either set lease expirations or who are running out of space is a great way to ensure you don’t...
Read more »
Downtown Office Market
5 Signs You Have Small Deal Disease
Parkway 400 Back on the Leasing Market
For those of you running around with Alpharetta deals right now, this is going to be good news for you. The two buildings at Parkway 400 are back on the leasing market. To clarify, those buildings are right across the street from what will be the new Avalon development.
Read more »
Michael Tucker’s Top 10 Wishes for 2013 (1-2)
As we venture towards the start of the the New Year (2013), I thought it would be fun to share with you my top 10 wishes for 2013. These wishes are focused on Atlanta primarily, but some reach further than that. So you know the structure, I will be sending out...
Read more »
Downtown Atlanta’s 2nd Quarter Office Market Report
DOWNTOWN ATLANTA OFFICE MARKET AT A GLANCE • Move-in activity at 191 Peachtree and the Nuclear Regulatory Commission officially moving into its space at the Marquis One tower at Peachtree Center helped push second quarter absorption levels to 88,179 SF Downtown. • Office leasing over the past three months has been modest at best...
Read more »
Best High Class Office Space Leasing Opportunity in Downtown Atlanta
I’m going to start off today’s blog with a personal story, so please bear with me…. The building that I am going to highlight today is the reason that I am in commercial real estate. Since this building was first completed in early 90′s, I’ve wanted to get to the top of it to see...
Read more »
Downtown Atlanta’s Office Market Report – 1st Quarter 2010
Downtown Office Market at a Glance: • For the third quarter in a row, Downtown’s occupancy decreased. First quarter leasing activity in the submarket was limited mostly to renewals. The largest move-out contributing to the negative absorption was Boston Consulting which moved from the Bank of America Tower to the new 1075 Peachtree building...
Read more »
Downtown Atlanta’s 4th Quarter Office Market Report
Here in my office at Colliers International, we have one of the best research departments in all of Atlanta. Scott Amoson does a great job with both the Atlanta Office Market Report and the Atlanta Submarket Office Reports. Below is an excerpt of the Downtown Atlanta 4th Quarter Office Market Report. Downtown’s occupancy decreased by...
Read more »
Hall Booth Smith & Slover signs Letter Of Intent to relocate to 191 Peachtree
One of Peachtree Center’s oldest office tenants has signed a letter of intent to relocate their law office to 191 Peachtree St. Hall Booth Smith & Slover intends to relocate their office space to 191 Peachtree, and will now begin the lease negotiations to move their office from Peachtree Center. 191 Peachtree is one of, if not,...
Read more »
Another Downtown Atlanta Office Building sold at Foreclosure Auction
40 Marietta Street, home of the Atlanta HUD office, was sold at a foreclosure auction for 7 million dollars. Richard Bowers & Co. owned the office building, and couldn’t refinance the loan. The original loan amount was for 13.4 million dollars. The Atlanta HUD office leases the entire building. For more information, click on the link to The Atlanta...
Read more »
Atlanta Journal Constitution is Moving
In follow up to a rumor regarding one of Downtown Atlanta’s fixture tenants. It has been confirmed that the AJC will be moving its office out of the Downtown Office Market. Cox has decided to locate the AJC closer to the Cox headquarters and will be moving the AJC into a sublease located at 223 Perimeter Center Parkway. ...
Read more »
Patrick Braswell
Principal
Scotland Wright Associates