{"id":1004050005,"date":"2012-10-29T09:04:51","date_gmt":"2012-10-29T17:04:51","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=76757"},"modified":"2022-12-08T21:58:22","modified_gmt":"2022-12-09T05:58:22","slug":"costar-moves-to-buckhead-highwoods-signs-two-new-tenants-at-2800-century-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/costar-moves-to-buckhead-highwoods-signs-two-new-tenants-at-2800-century-center\/","title":{"rendered":"CoStar Moves to Buckhead; Highwoods Signs Two New Tenants at 2800 Century Center"},"content":{"rendered":"

By Georgiana Mihaila, Associate Editor\"\"<\/a><\/em><\/p>\n

CoStar Group, Inc. will soon be headed to Buckhead, as the commercial real estate services provider recently signed a lease for 26,800 square feet at Phipps Tower.<\/p>\n

Cassidy Turley\u2019s Senior Managing Director Kirk Diamond, Managing Director Bradley Fulkerson and Associate April Hawkinson represented CoStar in the 11-year lease of a full floor at Phipps Tower, located at 3438 Peachtree Road in Atlanta\u2019s premier Buckhead market.<\/p>\n

CoStar\u2019s criteria for space included convenient access, prominent signage and proximity to amenities. With the help of Diamond, Fulkerson and Hawkinson, CoStar was able to secure all three criteria including a coveted spot on Phipps Tower\u2019s new digital LED sign.<\/p>\n

Highwoods Properties, Inc. has also managed to find two new tenants for its 221,000-square-foot 2800 Century Center. The company has signed two long-term leases totaling 26,000 square feet with two customers; these transactions include a 16,000 square foot lease with a healthcare company and a 10,000 square foot lease with an accounting\/financial services-oriented professional firm.<\/p>\n

Ed Fritsch, president and CEO of Highwoods, stated, \u201cWe are pleased with the continued leasing activity at 2800 Century Center. In less than a year, we have backfilled almost half of this property and we have solid prospects for a substantial portion of the remaining space. Our leasing efforts have been strengthened by $3 million of recently completed aesthetic improvements, and we continue to leverage the property\u2019s excellent central location inside the I-285 perimeter and its visibility from I-85.\u201d<\/p>\n

The 2800 Century Center is now 42 percent leased, and is headed toward a slow recovery after telecom giant AT&T\u2014which leased the entire building\u2014vacated the property in April 2011.<\/p>\n

Image: Phipps Tower via Wilbert News Strategies<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

CoStar Group, Inc. will soon be headed to Buckhead, as the commercial real estate services provider recently signed a lease for 26,800 square feet at Phipps Tower.<\/p>\n","protected":false},"author":39,"featured_media":1004506529,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21742],"tags":[39387],"class_list":["post-1004050005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-latest","tag-atlanta"],"acf":[],"yoast_head":"\nCoStar Moves to Buckhead; Highwoods Signs Two New Tenants at 2800 Century Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/costar-moves-to-buckhead-highwoods-signs-two-new-tenants-at-2800-century-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoStar Moves to Buckhead; 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