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The Inside Scoop on the People & Places that Shape Atlanta Real Estate | |
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Buckhead's Sovereign Ruler

A familiar look at high-rise 3344 Peachtree Road in Buckhead.
Regent Partners shared its excitement over Sovereign's super-successful leasing achievements with the Rooster the other day. Regent has leased close to 90-percent
of its commercial real estate space at its luxury high-rise in Buckhead, and the success comes at a time
when Buckhead faces historically high class A office vacancy rates.
With more than 500,000 square feet and 50 stories, the mixed-used tower on Peachtree
Road in Atlanta's
Buckhead district recently welcomed tenants Asset Preservation
Advisors, Crescent Wealth Management and the Law Firm of Weinberg, Wheeler,
Hudgins, Gunn, & Dial. Together, these tenants represent more than 80,000 square
feet of new occupancy. This follows the very successful November
opening of Bistro Niko, Buckhead Life Groups' newest restaurant, located on Peachtree Road
in the building's retail area.
"We
are extremely pleased that we are continuing to experience such strong success
on both our commercial and residential sides," said Regent Partners
Principal, David Tennery. "When you look at the current realities of the
overall Atlanta
real estate market, we are truly blessed to be in the position we are in. We
worked hard and took considerable risks in order to deliver a project that
could make a long-term difference in the community and it would appear that the
strategy, combined with significant determination have indeed been well
received by the market." 
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Wells Deserved

Leo Wells of Wells Real Estate Fund was clearly excited about the honorable and noteworthy induction.
Leo
Wells, President and Founder of Wells Real Estate Funds, was honored
last Thursday by the Real Estate Investment Advisory Council. The REIAC
and Georgia State University's J. Mack Robinson College of Business
were pleased to induct Wells into the Real Estate Hall of Distinction
at the fifth annual Hall of Distinction presentation.
The
Hall of Distinction award was conceived in 2005 to recognize the people
and commercial real estate projects that have made the most dramatic
impact on Metro Atlanta. The presentation at the Westin Buckhead was
heavily attended, but the Rooster was able to catch and congratulate
Mr. Wells on his way out. 
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A Merry AmeriPark
 Richard Waynick, an AmeriPark valet, parks a car at Lenox Square during
the Holiday Valet program that benefits the Simon Youth Foundation.
AmeriPark has teamed up with Simon Property Group for a holiday valet promotion program benefiting Simon Youth Foundation. AmeriPark is a full-service parking company that provides national management and valet services.
The promotion is going on now at Lenox Square, Phipps Plaza and Mall of Georgia, all major Atlanta-area malls owned by Simon. When a valet ticket is purchased at any of these locations, a portion of the proceeds is donated to the Simon Youth Foundation. Valet customers in turn receive a coupon for free valet parking on a future visit and a coupon for free food from a mall retailer.
"This holiday promotion benefits everyone. Our customers get free food and at-risk youth are given new opportunities," said Chip Patterson, CEO of Atlanta-based AmeriPark. "The program has been a great success in the first three weeks, which means more youths are benefiting, and AmeriPark's customers are getting something extra, too."

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