SIGN UP FOR FREE | STORY IDEAS | FORWARD TO A FRIEND

To make sure the rooster gets through to your coop, please add
newsletter@roostermedia.com to your address book!

Atlanta Real Estate Rooster Header
                                                                                                                                            April 1, 2010

The Inside Scoop on the People & Places that Shape Atlanta Real Estate
Reznick Group Ad
Rooster Rents Out Philips Arena
Philips Arena
A look at Philips Arena from the front entrance MARTA stop.

With the response to February's initial, sold-out Rooster happy hour at Tavern 99, we've decided to go big for the next one. We've nailed down Philips Arena and expect a capacity crowd for a mid-May event that will blow your mind. We're thinking circus animals, monster trucks, maybe even U2, Lady Gaga and the Rolling Stones if schedules mesh. Stay tuned for details, but go ahead and plan on joining us. And have a great April Fools Day!
Gray Line

One of the Good Guys
Scott Crooks & Dick Bryant

Scott Crooks (left) and Dick Bryant (right) in front of the "Gatekeeper" in Dick's office at Bryant Commercial Real Estate.

Good luck finding someone with a snide, snarky or untoward comment regarding Dick Bryant. He jokes that he makes employees sign a contract stating they'll always speak highly of him or he'll take their assets, but his list of admirers and a team that's followed him from Portman Barry in the '80s to Bryant & Associates in the '90s to Bryant Commercial Real Estate this decade tells the real story.

Bryant started the original Bryant & Associates in 1991 and later sold the firm to The St. Joe Co.'s Advantis. After leaving Advantis in 2004, Bryant decided to start an investment firm, but his old team wanted to get the old band back together, so to speak, and Bryant Commercial was born January 1, 2005. Ultimately, many of Bryant's original crew - Scott Crooks, Mark Hollan, John DeCouto, Rick Tumlin, Nadia Wagner ... the list is endless - joined the new firm.

That unity and trust creates a rare bond and culture that helps maintain focus and diminish the distractions a tough market and economy inevitably bring, Bryant said. It also creates a cooperative atmosphere in dealing with complex transactions, as well as financial institutions and distressed assets.

"Those exterior problems of the market don't have as great an impact on a group as cohesive as ours," Bryant said. "We really do have a family environment, and there's a lot of trust."

Bryant Commercial now has a staff of 34 - 28 brokers, six staff - and plans to add a few more this year as the market incrementally improves.

"It's beginning to break a little, and we're beginning to see a break in the negativism and people being overly cautious," Bryant said.

Gray Line
Grove Street's Gateway
Wows the Southside
Gateway Center I Luncheon
From left to right: Lee Evans of Colliers, Chandler Spratlin of Colliers, Chip Groome of Grove Street, Barbara Coffee of College Park Economic Development, Kevin Kern of Grove Street, Jim Stormont of Grove Street and Scott O'Halloran of Colliers.

Grove Street Partners braved recession and pushed ahead with Gateway Center, a mixed-use development surrounding the Georgia International Convention Center in College Park. Unlike a lot of recently completed development, the project's timing and nature leave it in a unique and fortuitous position.

Gateway and the GICC connect to Hartsfield-Jackson International Airport via the ATL Sky Train, an extension of the airport's people mover. Gateway's first hotel, a Spring Hill Suites, opened in December, just in time for one of the worst winters in recent memory and an avalanche of flight cancellations. That resulted in a booming first couple of months for a hotel less than a two-minute train ride from the terminal.

Gateway's first office phase, a 128,396-square-foot LEED Silver Class-A building, delivered last fall, and a second hotel, a LEED Gold Marriott, opens this summer.  "Gateway Center I, the office building, has leases out for signature accounting for 25 percent of the building, and solid prospects to soon reach 60 percent," Grove Street President Kevin Kern said, "as Grove Street and its Colliers leasing partners work to attract tenants seeking unparalleled airport access".

Projects like Gateway Center and Jacoby Development's Aerotropolis have the opportunity to radically change Atlanta's Southside, Kern said.

"Major cities have concentrations of Class-A office space around their international airports, and Atlanta lacks that," he said. "We hope this is one piece of the puzzle that brings business and industry to the Southside and College Park."
Gray Line
Stream Realty Picks Up Park Creek
Park Creek
A look at the Park Creek development in Duluth.

Tansley Acquisitions has chosen Stream Realty Partners to lease and manage its Park Creek development in Duluth on Breckinridge Boulevard.  Park Creek offers visibility along I-85 and Pleasant Hill Road, and Stream plans to begin repositioning and cosmetic enhancements on the four-building, 254,201-square-foot development this spring. Stream's Jill Bomar and Hudson Smythe will lead leasing efforts at Park Creek, while Carol Moore will lead property management.
Gray Line
Flack is Heading to the Final Four!
John Flack and Jeff Dils
John Flack of CRESA Partners (left) and Jeff Dils of Cousins Properties (right) on the terrace of the Peachtree Club in Midtown.

Change of plans, John Flack! The CRESA Partners tenant rep broker won Cousins Properties' Final Four Bracket Challenge at 999 Peachtree's March Madness event a few weeks ago. Now he's off to Indianapolis with two tickets to the Final Four Saturday and the NCAA finals Monday night. John's picking West Virginia to win it all.
Gray Line
Rooting for the Hometown Hawks!
Hawks Game
From left to right:  Lee Cardwell of Colliers, Mike Sutter of Bryant Commercial Real Estate, Will Lombard of Seefried and Nathan Anderson of NAI Brannen Goddard.

Colony Realty Partners and Seefried Properties hosted sixteen brokers in a private suite at Philips Arena for the Hawks vs. Magic game last week.  Everyone met at STATS beforehand for a few cocktails and then hit what turned out to be one of the best games of the season for the Hawks!  Josh Smith slammed home the winning basket as the buzzer sounded for one of the best finishes we've ever seen!

No broker event is complete without door prizes.  Mike Rapp of Metropolitan Realty won a basketball autographed by Al HorfordScott Plomgren of McWhirter Realty and Nathan Anderson of NAI Brannen Goddard walked out with AMEX gift cards for correctly answering some Hawks trivia questions, and several attendees got complimentary Hawks hats and shirts provided by the Atlanta Spirit.  Go Hawks!

Gray Line
6100 Atlantic Ad

TPA Realty Bluffs Ad
CWC Flood Ad
Rooster Local CRE News Ad
Wilson Hull & Neal Ottley Drive
Rooker Ad
NAIOP Ad
Rooster Media Chick Ad
Sign Up Box
Find us on FacebookFollow us on Twitter
Rooster Icon  We want to cover your next event!  Send our marketing staff a note with all the deets and we will do our best to be there.
 
Rooster Icon  In case you missed us, click here for past issues.
 
                                 CONTACT EDITOR                    CONTACT ADVERTISING

The Real Estate Rooster is an online newsletter directed at the real estate industry in Metropolitan Atlanta. You have received this newsletter through your affiliation with the real estate industry. If you have received this newsletter in error or would like to unsubscribe, please follow the link below. The content of this newsletter is independently developed by Rooster Media, LLC and is not directed by the advertisers whose names and ads appear herein. All of the content in this newsletter is the sole and exclusive property of Rooster Media, LLC. © 2009.