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The Inside Scoop on the People & Places that Shape Atlanta Real Estate | |
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New Bank's New Home
Ashley Gosse (left) and Jeff Mixson (right) of Holder Properties outside their office yesterday afternoon.
Community & Southern Bank has
leased
17,000 square feet at Holder Properties' 3333 Riverwood Parkway
building in the Cumberland/Galleria area where it will base both its
executive offices and operate a branch.
The lease brings the
100,000-square-foot
building to 90 percent leased. Holder's Jeff Mixson represented
ownership,
while Paul Hanna and Keene Reese of Jones Lang LaSalle represented
Community
& Southern.
Many Community & Southern
executives
cut their banking teeth at C&S Bank, a predecessor of Bank of
America.
While the new bank does bring to mind the old green-and-white C&S
logos that covered Georgia for nearly a century, BofA still owns the
rights to "C&S."
Community & Southern is in
acquisition
mode for both banks and branches. It's already acquired Carrollton's
First National Bank of Georgia and Appalachian Community Bank of
Ellijay,
and the company looks to expand its footprint across North Georgia.
Community & Southern also has applied to acquire and open a branch
at the former Buckhead Community Bank Branch in the Cumberland/Galleria
area.
"(3333 Riverwood) gave us a lot of
flexibility to get to the outer reaches of our geographic network and
build in between," said Greg Jones, Chief Operational and Support Officer at Community & Southern.
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NAIOP: Tenants' Play Book
 From left to right: Bert Sanders of Newmark Knight Frank, Travis Jackson of Cushman & Wakefield, Steve Morgan of Grubb & Ellis, Ben Logue of Colliers International and Wit Truitt of CB Richard Ellis.
If today's NAIOP breakfast and panel on "A Tenant's Market - The New Play Book" is any indication, Cousins Properties' Walter Fish can both juggle and herd cats. Fish moderated the discussion with some of Atlanta's leading office and industrial tenant rep brokers including Newmark Knight Frank's Bert Sanders, Travis Jackson of Cushman & Wakefield, Steve Morgan of Grubb & Ellis, Colliers International's Ben Logue and Wit Truitt of CB Richard Ellis. According to the tenant rep panel, it's a tenant's market with unbelievable concessions and TI allowances and landlords had better make a deal now because it'll be worse tomorrow. Quoth Fish, "You don't say."
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C&W to the Rescue
 From left to right: Chris Shaner, Erika
Schanke, Kirk Williams, Jocelyn Williams, Betty
McIntosh,
Angus McIntosh, Ray Stache, and Kathy Hoffman.
Cushman & Wakefield brokers, staff and their families are making it a habit of rising at the crack of dawn on Saturdays and Sundays and volunteering across metro Atlanta. Last Saturday, C&W sent eight volunteers to the Atlanta Community Food Bank's Product Rescue Center, where the team helped inspect and package more than 5,000 pounds of food, or the equivalent of 2,400 meals. The Food Bank's Product Rescue center collects and inspects products from food drives and salvaged food and distributes it to more than 700 non-profits.
Cushman & Wakefield launched its philanthropic effort in March and, since, has assembled volunteer teams to work with the Leukemia & Lymphoma Society, the Woodruff Arts Center's Young Audiences program and Habitat for Humanity.
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 From left to right: Paul Shailendra of Shailendra Group, Brittany McCall, Scott Selig of Selig Enterprises and Amanda Shailendra of Atlanta Development Authority.A torrential downpour and a two hour rain delay didn't keep Selig Enterprises from entertaining a couple dozen CRE professionals at the Atlanta Braves game last night. The Rooster stopped in to schmooze with Selig and friends in the suite while the Braves played the Tampa Bay Rays.
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REGA Wraps Up
 From left to right: Scott Jones of Site Solutions, Greg Ryan of IDI, Cason Bufe of IDI,
Sarah Yates of Piper O'Brien Herr and Emily Choate of Choate
Construction.
The Rooster landed high atop Buckhead at Tishman Speyer's Two Alliance
Center to mingle with Atlanta's leading real estate professionals at
REGA's Annual Dinner Tuesday night. Nothing but the best for this group
according to Chris Ahrenkiel, who has this building majority leased!
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Overlook's Achievement
 Parmenter Realty Partners' Overlook III in Vinings.
Parmenter Realty Partners has achieved LEED Silver status for Overlook III in Vinings.
To win Leadership in Energy and Environmental Design certification for the existing building, Parmenter worked with consultant BVM Engineering to recommission mechanical systems, retrofit faucets and toilets with with low-flow devices and retrofit the building's lighting. Parmenter also worked to improve the building's existing green cleaning and recycling program and improved its EnergyStar rating during the past year from a score of 87 to 90. Cousins Properties leases the 438,709-square-foot building on Paces Ferry Road.
Last year, Parmenter achieved LEED gold status for 1000 Parkwood, which is also in the Northwest submarket.
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