BIG DEALS OF 2011

So, if you were to wager a guess, what was the  biggest office deal of 2011? Anybody? Anybody? How 'bout IBM.
 
V-shaped campus, for Victory! That's right. It certainly was one of the most noteworthy deals of 2011, but it's also the  largest lease  of the year. When Jamestown sold the two-building IBM campus at 4111 Northside Pkwy last year to the Atlanta Public School system, IBM entered into a  two-year, 830k SF lease to remain there while it takes the time to scout other options. But a lease is a lease, and this one's a doozy in its size. CBRE's John Shlesinger, Sam Holmes, and  Glenn Dyke  brokered the deal for IBM.
 
As for the rest of the  Top 10 Office Leases (with the help of Colliers International's research) in 2011:

  • Alston & Bird's renewal and expansion at One Atlantic Center for 365k SF (with Hines' John Heagy  above, who consummated the deal).

  • Primerica's build-to-suit HQ at Duke's Legacy Park in Gwinnett for 344k SF.

  • AGL's  260k SF renewal  at Ten Peachtree Place.

  • SunTrust Robinson Humphrey's  230k SF renewal  and expansion at Atlanta Financial Center.

  • GE Consumer Finance's 203k SF renewal  at Windward Plaza 300.

  • Piedmont Healthcare's 190k SF renewal  and expansion at Paces West.

  • McKenna Long & Aldridge's 163k SF renewal  at SunTrust Plaza.

  • PricewaterhouseCoopers 142k SF lease at 1075 Peachtree, which also makes it the only new office deal on the list of 2011.

  • And finally, the  FBI's renewal of 137k SF  at 2635 Century Center.

 

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Auto Retailer Completes Hennessy Acquisition: The Atlanta Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Despite Foreclosure Litigation, Kaufman Astoria Studios Is Bouncing Back

How Flash Is Turning Parking Into A Performance Asset For CRE Owners

TruAmerica Buys Dunwoody Apartments: The Atlanta Deal Sheet

Hospital Construction Costs Are Climbing. Atlanta's Healthcare Systems Keep Building