Thursday, July 5, 2012

Major Activity in the Cumberland/Galleria Submarket for Ackerman; Leased more than 10,000 SF in 2Q 2012



 Atlanta, GA, July 5, 2012 – Ackerman & Co.’s Corporate Forum has seen increased leasing activity in the last quarter.

The office complex, located in the Cumberland/Galleria submarket, has gained two new tenants and renewed three existing tenants.

 Most notably, long-term tenant, U.S. Air Force, expanded to more than 5,420 square feet.

“With this recent expansion, U.S. Air Force has increased its presence at Corporate Forum,” said Frank Farrell, vice president of leasing at Ackerman & Co. who represents the property.  

 “Some of the determining factors in their decision to expand included their own growth needs, the office’s proximity to the Dobbins Air Reserve Base and the many recent improvements at Corporate Forum,” he said. 

Ackerman acquired the Corporate Forum buildings (top left and middle right photos) in 2011 for $7.2MM and has since spent more than a million dollars in improvements, which include: HVA/mechanical, pressure washing and painting, roofing, and a tremendous amount of landscaping. Ready-to-go suites, starting at less than 1,000 square feet are now available.

Second quarter total leasing deals exceeded 10,000 square feet. Outside brokers who assisted in some of these deals include City Commercial’s Griff Sims and Ash Parker of Richard Bowers.

Contact: 

Fara Wilson,
VP of Marketing
770. 913.3904  |


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