Is The Pavilion On Ice?

Could the Intercontinental Exchange have a favorite for its potential HQ building? Sources tell us the trading firm--in the process of buying a trading division of the New York Stock Exchange--may have narrowed its potential selections.

Sources say ICE is in talks with ING North America Insurance Corp to lease its empty Pavilion, a 128k SF office building at 5780 Powers Ferry Rd. We reported last September that ICE hit the market with an RFP seeking about 100k SF, potentially leaving its HQ at 2100 Riveridge Pkwy (above) when its lease expires next year. Since then, ICE made financial world waves when it acquiredNYSE Euronext. JLL's Kay Younglove and Glenn Aspinwall took over the listing of the Pavilion for ING last month.

There's also a second contender for ICE, sources say: The 212k SF Forum office building in the Piazza at Paces project on Northside Parkway. It could almost be a tale of two cities: Where as The Pavilion is traditional in its look, The Forum is ornate in appearance--two very different looks for the potential HQ of a rapidly growing trading company. An ICE spokesperson declined to comment. Sources also indicate ICE is considering a build-to-suit near its current HQ as well.

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