News
Atlanta Office

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

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Emory Takes Over Proton Center For $82M: The Atlanta Deal Sheet

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

Dewberry's Midtown Eyesore Quietly Resolves $75M Mortgage

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters