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MailChimp Eyes Ponce City Market
   
August 13, 2013
 
 

MailChimp Eyes
Ponce City Market


The company behind a lot of the newsletters you receive (no, not us) could be the next major lease at Ponce City Market.

ponce-city-market
We're told that Jamestown Properties is in talks with MailChimp, an email marketer and division of The Rocket Science Group (more reliable than carrier pigeons), to possibly move from its 512 Means St location and into more than 30k SF of space at the Midtown redevelopment. This is on the heels of yesterday's announcement that Cardlytics inked 70k SF at Ponce City Market (a deal we were first to report here), and part of an overall leasing momentum that saw Athenahealth take 60k SF as well.
PM Realty (Mansell-6)

generice
We spoke with Vantage Realty Partners' Gene Rice, who repped Cardlytics. He says the fast-growing tech company liked Ponce City Market because "Geographically, it was right where they wanted to be." Especially for recruitment, "being able to offer that cool of a space and that environment, it definitely offers some sex appeal."
CohnReznick (Think) MATL


Charles' Eminent Domain

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The man who (literally) wrote the book on eminent domain in Georgia is now writing his own ticket with his own law firm. We sat down with Charles Pursley Jr. for an interview on why he started Pursley Friese Torgrimson, how the Supreme Court impacted eminent domain, and where to watch for the next big condemnation cases in metro Atlanta.

marta 5 pts 1978
Charles was instrumental in the creation of the modern MARTA system. After a stint in the Army and Vietnam as a judge advocate, Charles came to Georgia and joined the late firm Huie Brown & Ide and was tasked with helping MARTA condemn property to develop the system, including the property that eventually became the Five Points Station (above during its 1978 construction, you were probably at the disco when this pic was snapped) and the Peachtree Center Station. Charles says MARTA's current transit-oriented development plans—where it's getting input from developers to create mixed-use projects at various stations—has a dual purpose. "Ridership is a big part of that, and revenue is a big part of that," he tells us.

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Along with Stephanie Friese and Christian Torgrimson, Charles began his new CRE transaction and litigation 8 months ago, and is more focused on condemnation cases for private developers. After the landmark Supreme Court decision that gave municipalities the right to condemn property for private redevelopment, Charles said Georgia had to literally rewrite its eminent domain laws. He was instrumental in helping draft new legislation, and even wrote the book Georgia Eminent Domain. (Just like last year's hit Gone Girl, it's about things disappearing. In this case, property.) Now that development is picking up again in Georgia, Charles expects some real cases to come before the court. There are "potentially huge condemnation cases" coming regarding developments in the Sandy Springs area.


1,000-ft Vacation

jen weyand
Some think R&R for summer vacations. And then there's Bouncepath Marketing's Jen Weyand. Jen spent her summer vacation trucking up Ute Rock in Aspen in 33 minutes. She says she even passed Lance Armstrong during her 1,000-foot climb (though he was jogging back down the mountain). "That was my first celebrity sighting of the trip," Jen says (unless you count Yeti as a celebrity).

Anyone have any good cures for poison ivy? Our legs, arms, back and face are asking. Let Jarred@Bisnow.com know.

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