Atlanta-based insurance underwriter RSUI is keeping its HQ in Buckhead. (Now what are we gonna do with all this bubble wrap?)
RSUI has renewed its lease for 133k SF at The Plaza (formerly known as Resurgens Plaza) through 2025. We found the team responsible for the deal: Cushman & Wakefield's Travis Jackson, RSUI's Kathy Aberson, PM Realty Group's Dean Giordano (yes, it is!), C&W's Addison Meriwether, and PMRG's Bill Weghorst. It evaluated other space, but "it was a small net," Kathy says.The deal couldn't have come at a better time for PMRG, which has been marketing the building for CWCapital since it foreclosed on the 400k SF Buckhead tower perched over the Lenox MARTA station back in 2011. Securing RSUI's renewal keeps the building at 58% leased, Bill tells us. (That leaves plenty of room at the moment for impromptu yoga.) Bill says CWCapital will eventually sell the building, but the first objective was to renovate and rebrand the tower to The Plaza and then concentrate on backfilling the space.RSUI Renews at The Plaza
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Related Topics:
Addison Meriwether, Bill Weghorst, Dean Giordano, PM Realty Group, Resurgens Plaza, Travis Jackson
