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...
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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...
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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...
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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...
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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...
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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. ...
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Will one of Downtown Atlanta’s oldest tenants be leaving for a new office location?
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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Patrick Braswell
Principal
Scotland Wright Associates