{"id":1004051521,"date":"2011-05-20T21:25:45","date_gmt":"2011-05-21T05:25:45","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=3720"},"modified":"2022-12-09T01:23:21","modified_gmt":"2022-12-09T09:23:21","slug":"legal-proceedings-impact-atlanta-office-market","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/legal-proceedings-impact-atlanta-office-market\/","title":{"rendered":"Legal Proceedings Impact Atlanta Office Market"},"content":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<\/p>\n<p>Two of Atlanta\u2019s biggest law firms have made major&#8211;and very different&#8211;decisions concerning their office space. While McKenna Long &amp; Aldridge decided to continue occupying the 11 floors of the Sun Trust Plaza it&#8217;s been taking up since 1993, Morris Manning &amp; Martin has opted to relocate from its 25-year home, Buckhead\u2019s Atlanta Financial Center.<\/p>\n<p>The Sun Trust Plaza, Atlanta\u2019s second-tallest office tower, signed McKenna Long &amp; Aldridge for another 15 years, despite the variety of new office towers the law firm had to choose from. McKenna Long is large enough to have its lease start off a brand-new building, but its commitment to Atlanta\u2019s central business district and to the John Portman Jr.-designed building prevailed.<\/p>\n<p>Morris Manning &amp; Martin, on the other hand, while considering whether or not to renew its lease at the Atlanta Financial Center, toured buildings in Downtown, Midtown and Buckhead. But after it received an offer of a highly visible location in the landmark Campanile building at Peachtree and 14th Street, it opted for the move. The 20-story Campanile tower was built in 1987 as headquarters for BellSouth and was left nearly vacant after the company&#8217;s 2007 merger with AT&amp;T. Developer John Dewberry bought the building out of distress last year for $36 million.<\/p>\n<p>The law firm\u2019s nearly 300 employees will populate the top six floors of the Campanile building starting next summer, after it undergoes renovations. With a current occupancy rate of 30 percent (which will double when the law firm moves in), the Campanile has as its\u00a0largest tenant Georgia\u2019s own credit union.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<br \/>\nTwo of Atlanta\u2019s biggest law firms have made major&#8211;and very different&#8211;decisions concerning their office space. While McKenna Long &#038; Aldridge decided to continue occupying the 11 floors of the Sun Trust Plaza it&#8217;s been taking up [&#8230;]<\/p>\n","protected":false},"author":39,"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-1004051521","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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Legal Proceedings Impact Atlanta Office Market - 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\/legal-proceedings-impact-atlanta-office-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal Proceedings Impact Atlanta Office Market\" \/>\n<meta property=\"og:description\" content=\"By Georgiana Mihaila, Associate Editor Two of Atlanta\u2019s biggest law firms have made major&#8211;and very different&#8211;decisions concerning their office space. 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