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The Inside Scoop on the People & Places that Shape Atlanta Real Estate
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Razzel Brasel, Park 85 is Full
A look at 1350 Braselton Parkway of Duke's Park 85.
Duke Realty has closed two
deals bringing Park 85 at Braselton's Building J to full occupancy.
Safelite Auto Glass leased
325,000 square feet at Park 85 J and secured a tenant improvement package
estimated at $7 per square foot. Mike Spears of Colliers Spectrum Cauble
represented the tenant, while Duke Vice President Brian Sutton represented
ownership.
Safelite's new neighbor,
Dayton Superior, leased the remaining 192,000 square feet as well as
six acres of outdoor storage space. Brad Pope of NAI Brannen Goddard
represented Dayton Superior, which makes and distributes concrete and
masonry products, and Sutton represented Duke.
Park 85 at Braselton is located
near the I-85/Georgia Highway 53 interchange and also lists Progressive
Lighting and Mitsubishi as tenants. 
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Something to Crowe About
Tommy Crowe at Cinco's celebrating a deal-packed day.
Lately, it's good to be Tom
Crowe, Vice President of Leasing at Hodges Management and Leasing Co.,
who's closed transactions totaling approximately 447,000 square feet
over the past few weeks.
In Alpharetta, Crowe represented
ING Clarion in leasing 133,093 square feet to Radiant Systems Inc. at
6610 and 6590 Shiloh Road. Bill Kilborn of CB Richard Ellis represented
the tenant.
Crowe also wrapped up two sizable
deals in North Cobb on behalf of ING Clarion. At 3960 Royal Drive in
Acworth, Archbrook Laguna leased 132,000 square feet and was represented
by Nathan Anderson of NAI Brannen Goddard. At 2155 Barrett Park Drive
in Kennesaw, Dynamex leased 117,264 square feet and was represented
by Ward Richmond and Julian Brown of Transwestern.
Finally, Crowe knocked out
five deals totaling 65,000 square feet last Thursday alone, not bad
for one day. Stay tuned for details after the ink dries.
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Elvis Has Left the Building
Sneaking out the back door of The Jordan Company office, left to right: Mike Maddin, David Walmsley, Rob Jordan, Jr. and Rob Jordan, Sr.
Team Rooster stopped by The Jordan Company
last week to get the latest scoop on business. We sat down with
Rob Jordan, Sr., Rob Jordan, Jr., David Walmsley and Mike Maddin in
one of Atlanta's only coffee-maker-free real estate offices.
Family-owned and operated for 40 years,
the company has focused mainly on land brokerage and consulting.
They specialize in representing buyers and sellers for land development
and investment purposes, and they have closed transactions representing
more than $600 million in land sales in our market to date.
They attribute their success to a variety
of components, including their ability to assist clients in weathering the swings of the real estate market, providing superior local
market knowledge, and their mere size. David Walmsley explained,
"being smaller has helped us a lot. We don't have divisions that
are real entrenched or people working specific territories. It
makes it easy for us to adapt immediately and move with it."
It's no news that the economy is suffering,
and we are currently facing the third cycle of downturn Jordan Sr. has
seen. "I never thought this one would be as bad as the mid 70's.
Back then, it was primarily real estate. This time it's everything...and
it is global." But they embrace it and adapt with it.
Establishing a solid relationship with
the FDIC has put the company a bit ahead of the game. In the last
year, they have established all of their business with banks and the
FDIC, and they are currently sitting on 17 listings on behalf of banks
that have REO assets to sell. In the past few months alone, they've
taken on 13 new listings as receiver for the FDIC, or with other banks
still healthy enough to sell property. They're also working with about
a dozen other deals on the buyer-rep side.
Despite all their hard work, it is easy
to see these guys aren't all work and no play. They know how
to cut loose, keep an ever-growing album of funny project photos, and
rally for Jordan Jr. at his famous Elvis impersonation performances.
They showed us the back door they sneak out of to avoid unsolicited
or unwanted guests ... but we were lucky enough to be greeted with open
arms at the front.
On our way out, we were excited to catch a glimpse of "Elvis"
leaving the building. Be on the lookout for him!
None other than Rob Jordan, Jr. as Elvis Presley!
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Who Can Catch the Rooster?
From left to right: Eric Maney of CB Richard Ellis, Keith Mack of Regent Partners, Nelly Morris of Blue Sky Real Estate Group, Gary Womack of Noble Investment, Molly White of Tributary and Matt Mason of Legacy Property Group.
The Circle of Trust and the Young Council of REALTORS, that's who. The Rooster caught up with these two fun groups as they simultaneously kicked off 2010 with a bang. The Circle blew the roof off at Ri Ra Irish Pub with its biggest crowd ever - almost 200! Left to right: Mike Werner of Eola Capital with Lindsay Murphy, Sandra Adamson and Jeannette Myers, all of VeenendaalCave.With the party spilling over to both sides of the bar at Five Paces Inn, we were excited to see our loyal YCR followers with Rooster koozies hugging their beers. Cheers, good friends! We also hit a new benchmark of fun when the bartender jumped over the bar to hop in a few Rooster paparazzi shots. Left to right: Paul Hanna of Jones Lang LaSalle, Benton Green of CB Richard Ellis and Amanda Smith of CB Richard Ellis. |  THE ROOSTER IS HIRING! We are currently searching for a ad sales superstar. If you're interested, please contact our editor for consideration.
In case you missed us, click here for past issues. |
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