Mercedes to ID HQ Site Tuesday?

All signs indicate Mercedes-Benz US will identify its HQ on Tuesday.

Mercedes' Rob Moran (here accepting a World Luxury Car award for the Mercedes S-Class) tells us that Mercedes CEO Stephen Cannon will be in Atlanta on Tuesday to make a joint announcement with Gov. Nathan Deal.

Rob declined to say what that announcement exactly will entail. But numerous sources say they expect the luxury car maker to identify the Glenridge Hall site as its future HQ home. As the AJC previously reported, Mercedes was in talks with Ashton Woods to take a 10-acre sliver of the site for its campus. As we previously reported, Ashton Woods is under contract with the Mayson Family estate to buy the 76-acre estate that straddles Abernathy Road in Sandy Springs. It's unclear what the exact portion Mercedes would take. This could be the nail in the coffin to the other potential site: Abernathy 400, the Ackerman & Co/Cousins Properties JV at the corner of GA 400 and Abernathy Road.

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

Dan Wagner To Head Lee & Associates In Atlanta: The Atlanta Deal Sheet

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office

Office Recovery Moving Faster Than Expected, CoStar Finds

Georgia's Utility Board Race Could Reshape Nearly 20 GW Pipeline Of Data Centers

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

Downtown Office Tower Sells At Foreclosure Auction For $260M