BACK IN ATLANTA

When we agreed to meet GSI Office Environments? Leo Wells for breakfast this week at the Flying Biscuit Terminus, we didn't know he had a penchant for turning tables upside down to check the manufacturer. Wells refrained from re-scrambling our eggs, but did offer an assessment of the office market, based on furniture liquidation. Business is pretty good, he says, because calls are coming in from downsizing companies looking to shed office furniture they no longer need. On the positive side, Wells, whose dad is known across the country as the founder of Wells Real Estate Funds, says his firm recently outfitted 3630 Peachtree with some cool furniture for its lobby. Now if he only could find the owners some tenants.

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

Retail Dynasty Pushes Button On Pair Of London Coliving Schemes

How Prologis Conquered The World

The Number Of Large-Scale Data Centers In U.S. Projected To Triple By 2030

Greystar Sells Raleigh Apartment Community For $64M

The Opportunities, Limitations And Benefits Of Reserved Investor Funds

What It Takes To Turn A Century-Old Chicago Office Building Into Modern Rentals

On The Fence About A New Fence? Why Perimeter Security Should Be Data Center Priority

After 5 Years Of Gains, Commercial Real Estate's C-Suites Just Got Less Diverse

Summer Broke The Script. Here's What CRE Is Walking Back Into

'We Aren't Competitive': Power, Taxes Keep Colorado On The Data Center Sidelines

£1B Property Group To Buy Huge Chunk Of Collapsed NCP Car Park Empire

MBK Sells Anaheim Apartments To TA Realty For $147M