NAIOP Awards: Office Firm of the Year
 From left to right: Anton Kotze, Cameron Golden, Jeff Dils, Walter Fish, Chuck Francis, David Shope and Thad Ellis of Cousins Properties.
Perhaps you've heard of Cousins Properties (NYSE: CUZ).
Cousins is synonymous with Atlanta Class-A office development, though it has developed mixed-use and retail properties throughout the U.S. Its footprint and influence stretch across metro Atlanta, and the company has played an especially vital role in Downtown revitalization since it acquired 191 Peachtree and American Cancer Society Center.
In spite of recession, Cousins is among the leaders in pulling Atlanta's office market towards recovery. In the past year, Cousins leased more than 1.5 million square feet of office space, with approximately 500,000 square feet on the agency side representing clients such as TIAA-CREF, Northwestern Mutual, Parmenter Partners and Jamestown. It's also added Carlock, Copeland & Stair at 191 Peachtree and renewed and expanded InComm at ACSC.
Perhaps the year's biggest momentum builder involved Cousins recapitalizing Buckhead's Terminus 200 with Morgan Stanley, which opened the door for 320,000 square feet of leasing at the building with tenants such as Sony Ericsson, Greenburg Traurig and Kids II. A lot of that momentum was built in the excruciatingly slow prior year as potential tenants tested the market but delayed decisions. In the interim, Cousins was able to "keep them in the boat," as Senior VP Walter Fish likes to say.
"These big tenants didn't hang around for six months because of rate," said Thad Ellis, a senior vice president at Cousins. "It speaks to the relationships we built with those prospects and the customer service our team provides."
 |
NAIOP Awards:
Industrial Firm of the Year
 Carr Carothers and Stan Conway of Majestic Realty.
Comfort food and cutting-edge biotechnology made for a great combination for Majestic Realty Co., NAIOP's Industrial Developer of the Year.
Toward the end of 2009, Majestic inked agreements for build-to-suits for Kraft Foods Inc. and Dendreon Corp. at Majestic Airport Center III near Interstate 85 and Georgia Highway 138 in Union City. The Kraft deal for a 960,000-square-foot distribution center is among only a handful of blockbusters over the past few years, while Dendreon's 160,000-square-foot manufacturing facility will produce Provenge, the biotech firm's new prostate cancer drug. The two build-to-suits occupy approximately 50 percent of Majestic Airport Center III's developable land.
"In an ultra-competitive marketplace, Majestic was fortunate enough to land two build-to-suits in 2010 totaling over 1.1 million square feet," said Carr Carothers, director of leasing and development at Majestic. "The Kraft and Dendreon build-to-suits validate Majestic Airport Center III as the premier business park on the Southside of Atlanta, and we look forward to pursing other opportunities at MAC III and our business parks located across metro Atlanta."

|
NAIOP Awards:
Associate Firm of the Year
 From left to right: Carlos Pineda, Jeanette Meyers and Ed Cave of VeenendaalCave.
VeenendaalCave President Ed Cave had his counter-culture moments back in the day - we've seen the photos and, frankly, think they're awesome - and his outlook may seem counterintuitive at times. Take a step back, though, and it all makes sense.
In 25 years, Cave and partner Christine Veenendaal have built VCave into one of Atlanta and the Southeast's leading interiors firms and also managed to grow through recession. Cave looked at the market for talent as well as his growing firm and added 10 staffers this year. The firm also developed a sub-brand, VeenendaalCave Healthcare, to differentiate a healthcare group that's long been a staple at the company but needed a clearer identity in a crowded marketplace.
"We're fortunate our need to grow came when there's so much talent available," Cave said.
VCave also has made an effort to increase its support of organizations it believes in - NAIOP, for example - and fine-tuned processes to better meet customers' needs.
"We've taken a lot of time to meet with our clients and understand what we can do help them through the economy," Cave said. "We really reassessed how we're communicating fees to our clients and developed a more equitable and logical way to set fees to insure they get the most value for their money. It's been so well received."
 |
Carter/Mathis Award Winner:
Shouky Shaheen
 Shouky Shaheen of Shaheen & Co with his wife, Doris.
Shouky Shaheen, CEO of Shaheen & Co., certainly has left a lasting, indelible mark on Atlanta commercial and industrial real estate, the measure of NAIOP's Carter/Mathis Award.
The company dates back to 1965 and now owns and manages more than 4.5 million square feet of metro Atlanta industrial property. Shouky Shaheen originally was in the carpet business, and he and his wife, Doris, had moved to Cartersville from Atlanta. Doris was unsatisfied with Cartersville's retail offerings, which led to Shouky Shaheen's first retail developments in the North Georgia town. Then, his experience with building carpet mills transferred to a career in industrial development that's lasted 45 years.
Shaheen and his peers saw Atlanta's potential in the mid '60s and '70s and helped the city and region realize it as it grew from a metro area of 400,000 to 5 million residents. Old-school guys like Shaheen made Atlanta what it is and are pillars of the real estate and business community. He won't take the credit, though.
"We have to give a lot of credit to just being in Atlanta," Shaheen said.
The Shaheens are even bigger pillars of Atlanta and Georgia's arts and philanthropic communities, though. The Shaheens sponsor the Shouky Shaheen Lecture at the University of Georgia's Lamar Dodd School of Art and established the Doris Shaheen Breast Health Center at Piedmont Hospital.
 |
SIOR Starts the Holidays in Style
 Left to right: Russ Jobson of Colliers International, Ben Logue of Colliers International, Brett Chambless of Lee & Associates, Kirk Rich of Rich Real Estate Services, Greg Dickerson of King Industrial Realty and Sim Doughtie of King Industrial Realty.
SIOR members and their spouses kicked off the season in grand style Wednesday with the organization's holiday party at the Capitol City Club. The only thing missing? Santa, eight tiny reindeer and a Hanukkah classic.

|
Join Us at Fado Next Thursday!
Baby, it's cold outside, so come warm yourself with the Rooster at Buckhead's Fado Irish Pub next Thursday, Dec. 9, from 5 to 8 p.m. It's the most wonderful time of the year to spend with sponsors Behringer Harvard, Herman Miller/CWC, Fidelity National Title Group, Turner Construction and Newmark Knight Frank. We're collecting $20 at the door, a portion of which will be donated to the Atlanta Community Food Bank. Help us keep food on the table for those most in need this season, and enjoy a great evening of networking while you're at it. Click here to RSVP and we'll see you there!
|
|
|