On the trail of a trend…
“New Urbanism,” the development concept for real estate planning and design that combines homes, coffee shops and dental offices within easy walking distance of one another, has sowed its seeds all over metro Atlanta… …Atlanta is a young market when it comes to mixed-use, said Kirk Demetrops, senior vice president of The Griffin Co. The vast majority of Atlanta’s developers only three or four years ago were single-use builders, Demetrops said. Their experience was limited to either retail, commercial office or residential development, but not all three… Originally Published in the Atlanta Business Chronicle. Read More...
read moreAtlantic Station must balance formidable size
While living in Manhattan, 30-year-old Amy Renfrow enjoyed getting along without a car. Soon, the marketing professional, who now works out of a two-bedroom townhouse on 16th Street in Midtown when not mothering her baby, once again will be able to walk to restaurants, the grocery, movie theaters and more at Atlantic Station…. “Even if you don’t live there, it still will be fun to go there and shop,” said Kirk Demetrops, senior vice president of The Griffin Co. Demetrops projected that with more than 1 million more people expected to move here in the next decade and Atlanta’s current commuting times likely to increase, mixed-use probably will begin replacing strip malls… Originally Published in the Atlanta Business Chronicle. Read More...
read moreMorris, Manning & Martin stays put at AFC
One of Atlanta’s largest law firms has decided to hold its place in Buckhead. Morris, Manning & Martin LLP has renewed and extended its lease in the east wing of the Atlanta Financial Center on Peachtree Road in Buckhead, said Tori Kerr, project manager for Hines Interests L.P., the co-owner of the office building… A longtime Atlanta developer has sold off its own home. The Griffin Co. has sold its own headquarters, Perimeter Place, an 82,800- square-foot office building at 800 Mount Vernon Highway in the Central Perimeter market. The buyer is Jackson Oats Shaw Corporate Real Estate, the upstart real estate investment firm that rounded up a bunch of money in 2004 to buy commercial properties throughout Atlanta… Originally Published in the Atlanta Business Chronicle. Read More...
read moreSelling Griffin’s Perch
A longtime Atlanta developer has sold off its own home. The Griffin Co. has sold its own headquarters, Perimeter Place, an 82,800- square-foot office building at 800 Mount Vernon Highway in the Central Perimeter market. The buyer is Jackson Oats Shaw Corporate Real Estate, the upstart real estate investment firm that rounded up a bunch of money in 2004 to buy commercial properties throughout Atlanta. Originally Published in the Atlanta Business Chronicle. Read More...
read moreHines unloading two metro area buildings
The builders of King & Spalding LLP’s office tower in Midtown are unloading two other area office buildings. In September, California Public Employees’ Retirement System (CalPERS) and minority owner Hines Interests L.P. sold off its interest in Overlook III, a 438,000-square-foot office tower on Paces Ferry Road in Cobb County… Flippin’ burgers The Griffin Co. has scrapped plans for a SoBo (South Buckhead) office condominium building. The developer instead has put the 1.6-acre site at 1820 Peachtree up for sale for an undisclosed sum. “Our concept for 1820 Peachtree right now is on hold,” said Kirk Demetrops, senior vice president of Griffin… Originally Published in the Atlanta Business Chronicle. Read More...
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