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...
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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 in...
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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 139,623...
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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...
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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. ...
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It has been rumored by several news sources that one of Downtown Atlanta’s oldest tenants is looking to make a move out of the city limits.  The Atlanta Journal Constitiion is currently exploring other office locations, outside of the Atlanta city limits.  Rumors are that they are looking in either the Gwinnett County Office Market, or the...
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