{"id":1004051476,"date":"2011-10-20T08:54:45","date_gmt":"2011-10-20T16:54:45","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=20857"},"modified":"2022-12-06T12:52:30","modified_gmt":"2022-12-06T20:52:30","slug":"avison-young-acquires-600000sf-atlanta-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/avison-young-acquires-600000sf-atlanta-portfolio\/","title":{"rendered":"Avison Young Acquires 600,000SF Atlanta Portfolio"},"content":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<\/p>\n<p>\u00a0Avison Young has expanded its Atlanta property management portfolio by nearly 600,000 square feet, following the Canadian service firm&#8217;s acquisition of an office property management and leasing portfolio from Barry Real Estate Cos.<\/p>\n<p>Avison Young will assume management of four buildings totaling approximately 600,000 square feet, effective immediately, reported Steve Dils, principal and managing director for the firm\u2019s Atlanta office. The buildings are 30 Allen Plaza, Lenox Plaza, Lenox Center, and 2045 Peachtree. Avison Young will also be in charge of leasing for 2045 Peachtree and 30 Allen Plaza, where tenants include the Southern Co. and law firm \u00a0Balch &amp; Bingham LLP. Avison Young will also relocate its Southeastern offices to 30 Allen Plaza immediately.<\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/Atlanta-30-Allen-Plaza.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-20858\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/Atlanta-30-Allen-Plaza.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a><\/p>\n<p>\u00a0\u201cThis acquisition deepens Avison Young\u2019s presence in Atlanta and is in line with the company\u2019s strategy to further strengthen our property management platform and capabilities in North America,\u201d said Mark Rose, chair and CEO. The \u00a0firm\u2019s latest acquisition follows Avison Young\u2019s July 2010 purchase of Hodges Management and Leasing Co. and brings the company\u2019s management portfolio in Atlanta to 20 million square feet.<\/p>\n<p>All told, Avison Young manages approximately 50 million square feet of retail, industrial and office properties in Canada and the United States and\u00a0comprises more than 800 real estate professionals in the two countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<br \/>\n\u00a0Avison Young has expanded its Atlanta property management portfolio by nearly 600,000 square feet, following the Canadian service firm&#8217;s acquisition of an office property management and leasing portfolio from Barry Real Estate Cos.<br \/>\nAvison Young will assume [&#8230;]<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489],"tags":[39387],"class_list":["post-1004051476","post","type-post","status-publish","format-standard","hentry","category-atlanta","tag-atlanta"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Avison Young Acquires 600,000SF Atlanta Portfolio - 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\/avison-young-acquires-600000sf-atlanta-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avison Young Acquires 600,000SF Atlanta Portfolio\" \/>\n<meta property=\"og:description\" content=\"By Georgiana Mihaila, Associate Editor \u00a0Avison Young has expanded its Atlanta property management portfolio by nearly 600,000 square feet, following the Canadian service firm&#8217;s acquisition of an office property management and leasing portfolio from Barry Real Estate Cos. 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