Thursday, August 4, 2011

Hines Completes Two Major Transactions at Atlanta Financial Center in Buckhead, GA



ATLANTA, GA - The Atlanta office of Hines, the international real estate firm, announced today it has executed two major tenant lease expansions and extensions in Atlanta Financial Center.

 The transactions, one with a premier Atlanta law firm and the other with a well-respected financial advisory firm, bring the occupancy of Atlanta Financial Center (top left photo) to nearly 85%.

 Located in the heart of Buckhead, the 904,499 RSF, 3-building complex is one of the most recognizable in all of Atlanta. Location in Atlanta's financial district, superior amenity offerings, and improvements to the project's common areas, coupled with the strength of sponsorship, have enabled the Atlanta Financial Center to capture more than its market share of absorption during the severe economic downturn.  

Morris Manning & Martin, LLP, the international law firm, has signed a fifteen (15) year lease extension which includes an expansion of Morris Manning & Martin's occupancy in the complex to a total of 118,281 square feet.

  SunTrust Robinson Humphrey, Inc., the national, full-service corporate and investment banking firm, has signed a lease amendment to expand into an additional 137,596 square feet of space, increasing their total occupancy in the complex to 229,894 square feet.  SunTrust Robinson Humphrey's lease term will be re-set to nearly eleven (11) years.

Morris Manning & Martin was represented in lease negotiations by Gannon Shepherd and Duncan Gibbs of Jones Lang LaSalle. 

SunTrust Robinson Humphrey was represented in lease negotiations by Dom Wyant, Brad Armstrong and Chris Wagner of Jones Lang LaSalle.  Hines was self-represented by John Heagy, Tori Kerr, Brian Eichenseer and Scott Martin.

 "The Atlanta Financial Center has been a great location for us. We are excited this process has worked out so well," said Louise M. Wells (lower right photo), Managing Partner of Morris, Manning & Martin. 

"With key practice areas that include, among many others, commercial real estate, commercial finance, corporate technology, and energy and infrastructure finance, as well as having daily interaction with leading financial institutions, we are well-suited to be located in the 'financial center.'"

Contact:
Laura Dudebout
O: 404.965.5023
C: 678.642.4301

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