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                                                                                                                                                                            October 21, 2010

The Inside Scoop on the People & Places that Shape Atlanta Real Estate
Wilson Hull & Neal
More Lenox for Lincoln
Leigh Braswell and David Danhof
Leigh Braswell (left) and David Danhof (right) of Lincoln Property Co.  
 
Lincoln Property Co. has picked up leasing assignments for two Buckhead office buildings, bringing its third-party office leasing portfolio to 1.7 million square feet in metro Atlanta.

Lincoln's Leigh Braswell and David Danhof now lead leasing efforts for Lenox Plaza, 3384 Peachtree Road, and Lenox Center, 3355 Lenox Road. Lenox Plaza weighs in at 101,000 square feet and is 53 percent leased, while Lenox Center totals 141,000 square feet and is 70 percent leased. 

Braswell and Danhof began working on the assignment this week and are ready to go. Both buildings have stable, long-term ownership in HD Realty and little or no debt, Braswell tells us.
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Working for The Man
John Grimsley, Jim Bacchetta, Slade Brogdon
From left to right: John Grimsley, Jim Bacchetta and Slade Brogdon of Highwoods Properties.
 

Highwoods Properties has made U.S. General Services Administration (GSA) tenants a high priority for more than a decade, so it's no surprise that the GSA picked Highwoods for a 60,000-square-foot build-to-suit/redevelopment at Highwoods Center II at Tradeport near Hartsfield Jackson International Airport.
 
The southside building will serve as the U.S. Customs and Border Protection agency's local office, and Highwoods plans to invest $11.5 million into redeveloping the property to meet GSA standards and achieve LEED Silver status by the fourth quarter of 2011.
 
In total, government tenants occupy approximately 20 percent of Highwoods 7 million-square-foot Atlanta portfolio of office and industrial development, which is 90 percent leased.
 
"We've had a good year so far, even better than expected with occupancy, especially with our industrial portfolio here in Atlanta," said Highwoods VP Jim Bacchetta.
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Transwestern Road Warriors
Rush Bradley and Bill Knight
Rush Bradley (left) and Bill Knight (right) of Transwestern.
   
Transwestern's Rush Bradley and Bill Knight go where the action takes them.

That may mean working Class-A office leases in Seattle or Boston or right here in Atlanta, or it may mean helping clients with site selection for senior care facilities in small-town America. As Transwestern's local corporate services dynamic duo, Bradley and Knight serve mid-market accounts across a number of sectors, from food and beverage to healthcare and senior care. They joined Transwestern a year ago from Advantis and essentially established Transwestern's corporate services platform locally. 

In the past year, they've secured more than 100,000 square feet of office leases for Jacksonville-based Acosta, a longtime Knight client, and now are on the prowl for rock quarries for an undisclosed prospect. They also work with senior-care firm UHS-Pruitt, whether it's an office requirement or examining communities across the Southeast for new assisted living locations.

"Companies like that, you just have to submerse yourself," Bradley said. "You are their real estate department. You have to be willing to take it all. You can't cherry pick the transaction you want."
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The After Hours Alliance
Allilance for Economic Development After Hours
From left to right:  Shane Short of Jackson County Area Chamber of Commerce, Ben Stafford of Pattillo Industrial Real Estate, Brian Sutton of Duke Realty, John Rooker of Rooker, John Drake of Pattillo Industrial Real Estate, Forrest Robinson of Weeks-Robinson, Floyd Baldwin of Industrial Properties Group and Jack Rooker of Rooker.
 

The Jackson County Alliance, in partnership with Pattillo Industrial Real Estate, Rooker, IDI and Weeks-Robinson, hosted a great group of Economic Development leaders, developers and brokers on Tuesday evening at Maggiano's BuckheadJackson County Area Chamber of Commerce President and CEO Shane Short delivered the positive message that Jackson County is open for business, with great developer-controlled industrial sites available. 

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One Sweet Happy Hour
REGA Happy Hour
From left to right:  Todd Blair of Blair Capital, LLC, Faye Phillips of Grubb & Ellis, Jennifer Kernson of Fifth Street Management, Sam Chambliss of Maner Little Crumly & Chambliss, LLP and Penny Morriss of Concierge Services of Atlanta.  
 
The Real Estate Group of Atlanta (REGA) packed the bar at Sweetwater Brewery with about 75 members and guests on Tuesday evening.  Rooster joined the monthly happy hour to connect with some of our favorite industry pros and to congratulate their recent successes.  See everyone next month!      

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See What You Missed!
Jay Weaver and Holly Hughes
Jay Weaver of Weaver & Woodbery Company (left) and Holly Hughes of C-W-C (right).
                      
Team Rooster had a great time with the industrial crowd at Smith's Olde Bar last Thursday evening.  Special thanks goes out once again to the event sponsors, ARCO Design/Build, McDonald Development Company, Pattillo Industrial Real Estate, First Industrial Realty Trust and DCT Industrial Trust.  If you missed it, check out the photos from the event now, and plan on joining us at the next one!
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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.