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                                                                                                                                            February 25, 2010

The Inside Scoop on the People & Places that Shape Atlanta Real Estate
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Deals, Etc. Things We Know.
Things We Think We Know.


Ackerman& Co.'s Premier Plaza on Glenridge Drive, just outside the perimeter.

According to our sources, Patagonia is kicking tires in South Buckhead, specifically at the former Smith & Hawken space at 2395 Peachtree Road, which is owned by Branch Properties. Branch also owns the Burger King outparcel adjacent to its Peachtree Battle Shopping Center and may have redevelopment intentions for the Smith & Hawken/Burger King site. Build-out costs and Branch's plans may preclude the deal, but it's a compelling Peachtree Road location for Patagonia, currently located at 34 E. Andrews Dr.

Ackerman & Co.'s Premiere Plaza has attained LEED Gold Certification from the U.S. Green Building Council. The 317,000-square-foot, Glenridge Drive office building is one of only a few Atlanta LEED Gold buildings, joining properties including Two Premiere Plaza, The Hurt Building, One Overton Park and 1155 Perimeter Center West.

A LNR subsidiary has chosen Transwestern as asset manager for its Roswell Business Center development on Alpharetta Highway in Roswell. Transwestern's Julian Brown and Brent Dutson will lease the six-building, 156,122-square-foot property, while Don Reeves will lead the management team.

AEW picked the Jones Lang LaSalle team of Kevin Lott and Glenn Aspinwall to lease Colonial Center, a responsibility the duo shared when they worked for the office park's previous owner, Colonial Properties Trust. Colonial Center consists of four, six-story buildings totaling 653,000 square feet in the North Fulton submarket.

Speaking of Jones Lang LaSalle, Rob Metcalf, Brannan Moss and Shannon Gordon recently represented Navicure in its 23,000-square-foot lease at Overlook at Sugarloaf in the Northeast submarket.  Greg Frankum of CB Richard Ellis represented ownership.

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CWC's Hughes Rolls With New Role
Scott Marshall and Holly Hughes
Scott Marshall (left) and Holly Hughes (right) in CWC's showroom.

She may not admit it, but Holly Hughes is one of the most versatile and adaptable people you could ever meet.

After design school at American Intercontinental University's Atlanta campus, Hughes took a job with an architectural firm in Milan, Italy, not knowing much Italian or a soul in the fashionable, Northern Italian city. A year later, she returned to Atlanta and, since, has worked her way through the commercial interiors business as a manufacturer's rep, interior designer and in furniture sales, culminating in her current role at CWC, Atlanta's largest and one of its oldest office furniture firms.

Hughes' new role parallels changing dynamics in commercial real estate project management, where PM teams from companies such as Carter, Jones Lang LaSalle, Colliers and CB Richard Ellis work with their tenant rep counterparts and play an increasingly important role in the overall scheme of office design and build out. As well as the traditional interaction with brokers, Hughes intent is to work as a single point of contact for project management groups.

"Our industry has never had a role like this," Hughes said. "We feel like we're breaking ground, but you have to be dedicated to it to effectively work it." Of course, CWC maintains its relationships with architecture and design firms, but the firm couldn't pass up an opportunity to add talent and take a leadership position in anticipation of a resurgent market, CWC Principal Scott Marshall said. "We're trying to flip over new stones wherever we can," Marshall said. "The key is to go and listen to what they want."
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Same Brett, Different Title
Brett Hunsaker getting roasted
Brett Hunsaker (second from left) and Lisa Misiak (left) of Grub & Ellis enjoying the "Roast" during Hunsaker's 50th birthday celebration at Rathbuns.

An engagement, turning 50, a big promotion, it's been an eventful year of milestones for Brett Hunsaker, who Grubb & Ellis this week named executive vice president and managing director of the company's Atlanta office.

Hunsaker joined Grubb & Ellis in 2008 as EVP of business development after holding a number of leadership positions at CB Richard Ellis for the past decade. When former Grubb EVP Steve
Dils left last month to start up Avison Young's Atlanta office, the door opened for Hunsaker to take the corner office locally.

A marketing and networking genius, Hunsaker is immediate past president of the Atlanta Commercial Board of Realtors, founder of commercial networking group Meet At and one of the
founders of Real Estate Group of Atlanta (REGA).
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The Atlanta Commercial Real Estate Prayer Breakfast
Real Estate Prayer Breakfast
Keynote Speaker, Pat Morley (left) and group of Prayer Breakfast fans meeting before the motivational speech (right).

Last Friday The Atlanta Commercial Real Estate Prayer Breakfast (REPB) was held at the Galleria Convention Center. Following NAIOP Night, over 1,300 attended REPB the following morning for the 7:00-9:00am breakfast (impressive...now that's faith!).

John Bell of Crescent Properties, a recent heart attack survivor, warmed up the audience with some local testimony. Keynote speaker Pat Morley followed, resonating optimism to members of the industry, while discussing his previous real estate successes and failures.

All in all, we'd say this 12 year old brainchild and vision of Mark Christopher is still going strong.

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