Thursday, August 10, 2017

The Dilweg Companies Unveils 101 Marietta Street in Downtown Atlanta

101 Marietta Street Tower,  Downtown Atlanta, GA
A.J. Robinson
ATLANTA, GA – The Dilweg Companies announced the completion of a $5 million repositioning project at 101 Marietta Street, a 36-story Class A office tower located in the heart of Downtown Atlanta, as the iconic building launches a new chapter highlighted by its enhanced amenities, spectacular skyline views and proximity to vibrant 24/7 intown communities that will draw and retain top talent from across metro Atlanta.

Situated in Atlanta’s newly dedicated arts and entertainment district, 101 Marietta Street is just a short walk away from premier downtown destinations like Centennial Olympic Park, CNN Center, Georgia Aquarium and the new Mercedes-Benz Stadium, along with dozens of nearby shopping and dining venues.

Improvements to the 650,000-square-foot tower, formerly known as Centennial Tower, include a dynamic lobby highlighted by a life-size, two-way virtual window offering real-time views of the streetscape and building interior.

Designed by Perkins+Will, the highly energized lobby also features restaurant-style booths and collaborative workspaces, and recently received a merit award from AIA Georgia for its exceptional design and rebrand work.

Significant upgrades to the newly energized 101 Marietta Street tower also include a state-of-the-art conference center with training rooms, revitalized fitness center, and new tenant lounge on the 6th floor known as “The Hub”, which features televisions, a pool table, couches and kitchen with barstool-style seating. Approximately 220,000-square-feet of office space is currently available.

Jerry Banks

“101 Marietta Street is a future-ready workplace that is poised for rapid growth in the years ahead as Downtown Atlanta continues its resurgence,” said Jerry Banks, Managing Director at the Dilweg Companies. 

“The superior access offered by our location makes 101 Marietta Street an attractive destination for employers looking to draw top talent from across metro Atlanta. 

"Commuters will enjoy connectivity to mass transit, with three MARTA stations just a few blocks away, access to interstates as well as an abundance of surrounding walkable destinations.”

101 Marietta Street is also situated within ten minutes of the top six fastest-growing millennial neighborhoods in Atlanta, and is expected to benefit from a pricing advantage offered by the Downtown submarket. Located within eyesight of the new Mercedes-Benz Stadium, 101 Marietta Street will also offer unique branding opportunities for prospects looking to capitalize on the national TV coverage featuring Atlanta’s skyline.

“Downtown Atlanta is witnessing unprecedented levels of investment in its major assets, including office towers like 101 Marietta Street,” said A.J. Robinson, President of Central Atlanta Progress and the Atlanta Downtown Improvement District. “We are excited to work alongside partners committed to Downtown’s vibrancy as Atlanta and the metro region are actively rediscovering the center city.”

CBRE is overseeing leasing at the property. To learn more about floor plans and availabilities at 101 Marietta Street, click here. Photos of the property can be found here.

For a complete copy of the company’s news release, please contact:

 Liana Moran
The Wilbert Group
770-905-9915 (C)

Capital Markets Veterans Elorza and Capas Rejoin Cushman & Wakefield

Luis Elorza

 MIAMI, FL — Cushman & Wakefield announced today that Senior Directors Luis Elorza and Brad Capas have rejoined the firm as members of the firm’s rapidly expanding Florida multifamily brokerage team led by Vice Chairman Robert Given.

In their new roles, the duo has assumed responsibility for expanding Cushman & Wakefield’s apartment brokerage presence along Florida’s West Coast, extending from Greater Tampa through Naples.

Cushman & Wakefield’s Florida Capital Markets team, led by Given, now includes Elorza and Capas leading West Florida; Jay Ballard and Ken Delvillar leading Central Florida; Zachary Sackley, Calum Weaver, Troy Ballard, Neal Victor and Errol Blumer leading South Florida; and Robert Kaplan, Christopher Lentz and Mark Rutherford handling debt, equity and structured finance.

“We are thrilled to have Luis and Brad lead our Greater Tampa and West Coast multifamily efforts for Cushman & Wakefield,” said Larry Richey, Managing Principal and Florida Market Leader. “They are both high-caliber, investment sales professionals who will immediately augment our considerable multifamily capabilities in Florida."

“Luis and Brad know our culture well, share our One-Team-Florida vision and have already hit the ground running,” added Given. “Our mission is to drive meaningful value for our clients through market-leading creativity and innovative solutions delivered by a statewide team of exceptionally talented brokers. Luis and Brad are ideally suited to help us achieve this objective for our clients.”

Brad Capas
In addition to more than a decade of multifamily brokerage experience leading to over $4 billion in closed transactions, Elorza’s diverse financial services and capital markets background give him a unique business perspective that benefits the firm’s clients.

He has held real estate and corporate finance positions at Citicorp, Bankers Trust, Ernst & Young, Providence Management and Merrill Lynch’s Global Private Equity Division. 

Elorza has managed a wide range of real estate and corporate finance assignments, both domestic and abroad, including mergers and acquisitions, commercial lending, restructuring, privatizations and valuations.

Elorza holds a MBA in Finance and a BA in Economics from the University of Rochester. In 2013, he was the number three producer in Cushman & Wakefield‘s Florida Capital Markets Group and earned Cushman & Wakefield‘s Top National Producer Award in 2005. In 2009, he won the Florida Gulf Coast Association of Realtors (FGCAR) Pinnacle Award for Deal of the Year.

Capas has specialized in the execution of institutional and private investment sales transactions for more than 20 years and has a proven track record in the promotion and disposition of multifamily properties and complex development sites. He has had direct involvement in the marketing and execution of more than $2 billion in multifamily investment sales involving over 22,000 units. Capas has served both domestic and foreign clients, including private investors, developers, REITs, pension fund advisors and life insurance companies.

Prior to entering the investment sales arena, Capas spent 11 years in the commercial appraisal and consulting industry where he earned the coveted MAI designation. Capas is a graduate of Florida State University where he majored in Real Estate and Finance.

For additional information, please contact:

David A. Meyer
Meyer Media 
+ 1 407 489 7488

 or follow @CushWake on Twitter.


Celebrating the Life of George Livingston, Founder and Chairman Emeritus of NAI Realvest Orlando, FL; Event Scheduled for Saturday, Aug. 12 at Winter Park Civic Center

George Livingston

 ORLANDO, FL—George Livingston, founder and chairman emeritus of NAI Realvest Orlando, died July 16. He was 81. Friends and colleagues have scheduled a rememberance event for Saturday, Aug. 12 at the Winter Park Civic Center, 1050 West Morse Boulevard, Winter Park, FL, from 1 pm to 4 pm.

Patrick Mahoney
 Patrick Mahoney, president, NAI Realvest asks partners, associates, and employees, along with others who knew Livingston to “please join family and colleagues to share stories, raise a glass, and celebrate the life and achievements of our friend, George Livingston.”

“George was a distinguished United States Army officer and an icon in the commercial real estate industry,” says Mahoney.

“We mourn his passing but take consolation in his dedication and contributions to his family, country, business partners, community, and industry. His enthusiasm and energy inspired all who knew him.”

In Memoriam donations can be made to The ICSC Foundation George Livingston Scholarship at University of Central Florida on the web at

For additional information, please contact:

 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

NAI Realvest Broker Rachel Saunders Completes Land Replat and Negotiates $742,500 Sale of Osceola Parkway Land for New Car Wash

Rachel Saunders

KISSIMMEE, FL – Rachel Saunders, MBA, a broker with NAI Realvest, recently handled the purchase of a 1.78 acre parcel of vacant land on E. Osceola Parkway and Boggy Creek/Simpson Road in Kissimmee. 

George Livingston
Saunders negotiated the transaction on behalf of the buyer, JT Endeavors, LLC who paid $742,500 for the property that was part of a larger land parcel.  Construction of a car wash facility is planned to get underway soon.

Saunders helped consult the buyer through a successful replat of the property by Osceola County.  In the process Saunders worked with and was mentored by the late George Livingston, Chairman, until his death last month.  

The seller, AC Two LLC of Winter Park, was represented by Adolfo Pereira of Dover International Company. 

For a complete copy of the company’s news release, please contact:

 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142